Watch the HDFC BANK chart I have sahred with you.
HDFC BANK is forming c wave of correction according to Elliot wave in 15 min,30 min,45 min ,1hr, 2hr ,3hr, 4hr, 1D time time frame.
That means HDFC BANK is set for its biggest correction in for the period of 4-6 months time period
I have shown the expected targets according to Fibonacci retracement levels.
If you have holding position in equity, you can wait for a day or two to gain some decimal percent profit (according to 5 min time frame)
But correction is for sure as I told you.
Buying now is of course not the wisest decision .
Good luck trading , have a great profitable day ahead.
HDFC BANK is forming c wave of correction according to Elliot wave in 15 min,30 min,45 min ,1hr, 2hr ,3hr, 4hr, 1D time time frame.
That means HDFC BANK is set for its biggest correction in for the period of 4-6 months time period
I have shown the expected targets according to Fibonacci retracement levels.
If you have holding position in equity, you can wait for a day or two to gain some decimal percent profit (according to 5 min time frame)
But correction is for sure as I told you.
Buying now is of course not the wisest decision .
Good luck trading , have a great profitable day ahead.