HDFC can show a very steep up move once it comfortably breaks the support zone marked as dotted blue line at 1974 in the chart and also breaks the horizontal trend line above it. It is presently in the 5th wave of elliott wave of a smaller degree which also strengthens our analysis. We can get a very good trade setup to the upside with strong momentum once the above mentioned conditions are fulfilled. For more updated on various stay tuned.
Trade fechado: objetivo atingido
moved in the direction as analysed and took no time to reach intraday targets.
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