rJ68263746

HDFC - Elliott wave analysis - C wave down

Short
NSE:HDFC   None
HDFC has completed ABC zigzag move in 1 hr time frame. It dropped in impulse wave A and corrected in B wave, which was over. Price is in C wave down, so stay bearish with stop level of 2273 for target around 2140 as C wave.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.