HDFC is close to an intermediate degree wave-3 & Divergence on momentum indicators supports the outlook. Going Forward -We shall look for 980-1010 zone as a buying zone.
Regards, Abhishek H. Singh, CMT
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12:31 Hrs 4th Oct2016
Likely Post RBI Policy Only Market will give direction
Going above 1433 & staying above 1430 could be short term buy opportunity or going below 1373 -should be looked for selling opportunity.