HDFC LTD.:
The stock has formed Cup & Handle pattern & a break of the pattern will be seen on crossing 2871 level. If the stock manages to cross and sustain the above 2871 level, We can expect a good move in positional trade.
As per the Pattern we can expect 3300 levels Target but it will come in positional trade of weeks/months.
Trade get activated only if the Stock manages to cross and sustain above the 2871 level.
Please do your own study before any trade.
The stock has formed Cup & Handle pattern & a break of the pattern will be seen on crossing 2871 level. If the stock manages to cross and sustain the above 2871 level, We can expect a good move in positional trade.
As per the Pattern we can expect 3300 levels Target but it will come in positional trade of weeks/months.
Trade get activated only if the Stock manages to cross and sustain above the 2871 level.
Please do your own study before any trade.
Comment:
UPDATE:
TRADE IS ACTIVE NOW. The stock has crossed the resistance.
TRADE IS ACTIVE NOW. The stock has crossed the resistance.
The Stock was near to the resistance & corrected. We need closing above 2871 for a breakout.