Wednesday, September 05, 2018

Hdfc bank elliott wave analysis

Hdfc bank has been falling for quite some time now .
Last time i wrote about hdfc bank elliott wave analysis
It rallied  but fell short of target.
Lets see the wave structure now.


The stock looks to be nearing  completion of wxyxz  .The wave structure can be seen in above chart The levels to watch are 2030-2010 range.Expecting a good bounce from this range.Lets see how the stock behaves in coming week.

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