Bearish wave 3/c down setup on #HdfcTwins for short term
Negation level 1333.30 and 2218.
More from Prashant Bhansali
#RIL tgts are 2180 and 1820 positional over next few months if the high made at 2856 doesn't cross.
Not looking good.
Not looking good.
#RELIANCE update
— Prashant Bhansali (@prashant280294) April 28, 2022
Was expecting 5th wave rally towards 2800-3000 as mentioned in previous post
Move played out, but now not worth chasing anymore
Not saying the move is over, it can still go up bit more, but riskreward not good for positional longs now on, I would stay away. https://t.co/eoLshLoLBD pic.twitter.com/G0qZAEBRIX
#GreavesCotton
#EW
Here's my view based on EW purely for long term
We could witness a big big 3rd wave in coming months
#investmentidea https://t.co/5laFyd8A7X
#EW
Here's my view based on EW purely for long term
We could witness a big big 3rd wave in coming months
#investmentidea https://t.co/5laFyd8A7X
(30) #GreavesCotton monthly chart
— Prashant Bhansali (@prashant280294) June 25, 2021
Big monthly breakout underway
Is it time to move to next orbit higher ? Looks like! #PB365 pic.twitter.com/CB0OtIow7G
More from Hdfcbank
The other way to look at this is that..The stock went below 21 month EA in 2008 & 2020 crash
Something is happening really too bad and worst is yet to come for entire market !!
Something is happening really too bad and worst is yet to come for entire market !!
HDFC bank Monthly Chart :
— EquiAlpha -MidTerm Momentum\U0001f40e\U0001f40e (@equialpha) March 7, 2022
In last 20 years - Only 2 times the stock has gone below 21 month EMA as market. This seems the third time (Monthly close will confirm )
Don't know but something seems off !!
Lets check again on month end pic.twitter.com/9eeVfikdnU