HDFC Bank Ready to Take Off

Monthly is clearly bullish, a perfect Uptrend.

Weekly, we are seeing a CC at EMA +0.5 Fib level with an overall trend being up.


In the Daily, we are seeing multiple RCs at D ST and last candle closing above EMA though with a small body. Would have been better if we had got a good green candle.

In the 75m, price is already above EMA and a little positive trend can be seen.