HDFCBANK, Can we expect some recovery

27 окт. 2016 г.

If the 5th wave is completed with the previous support of 1210 - 1225. We can expect some upside recovery.
Corrective waves shown as a,b,c are just the directive guidelines.

Kindly confirm at your end before initiating the trade.

27 окт. 2016 г.

Заметка

That was real quick

29 окт. 2016 г.

Заметка

If I am right, corrective 'a' wave was divided into 5 parts as shown in the chart. Although it's quite early to predict 5-3-5 correction. Possibly we can have 3 parts of 'b' wave coming up next.

Please do take channel resistance into an account as well.