Thursday, February 27, 2014

HDFC Bank Trading Strategy

Hi friends,
                   Today i would try to count elliott waves of HDFC bank.
This is super heavy weight in Nifty as well as bank nifty.
So knowing about this movement helps much in nifty movement.
Lets see the chart of HDFC BANK.
HDFC Bank Trading Strategy
We can see from the chart
my expectation wave wise.
I think we are in e leg of
larger degree wedge or
As long as the stock holds
above 650 a rise towards
700-720 is open ,We should
have a dip coming in from
680-690 levels towards

650 making b wave after a .Lets see how stock moves in coming days.


Roshan Baheti said...

Sir whats your analysis on Coal India at present ?

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