uvinaykumar13

uvinaykumar13

There is a series of bullish shadows A, B and C was strong indication that HDFC bank was trying to build foundation for rally. Next candle of the hammer close at high of the hammer which could be positive signal. We can see strong indication that hdfcbank is going for rally. we can buy btween 1104 to 1110 , targets and stop loss given in the chart

uvinaykumar13

Given support and resistance in the chart. Rest are self explanatory in the chart Thanks SK

uvinaykumar13

There is possibility of nifty which may formed wave B and Wave C and remain in consolidation zone for very short term to form wave D and wave E and after such formation we may see break from consolidation and reach out to new high