HDFC Bank has formed cup and handle formation which is bullish and also inverse head & shoulder (as marked on chart). Volumes also show massive activity in the counter. With bank nifty ready for a massive rally, HDFC seems to be the one which will lead the rally (fact: it is also the most weighted stock in bank nifty index i.e. 28%). All the signs are positive, lets wait and watch.
Disclaimer: This is for educational purpose only, this is not an buy or sell recommendation. Trade at your own risk.
Happy Trading!!!!
Disclaimer: This is for educational purpose only, this is not an buy or sell recommendation. Trade at your own risk.
Happy Trading!!!!