#HDFCBank - From 2009 low of 70 - most likely completed 5 waves at 1705 (dividend adjusted values)
Also sitting on channel support, which should eventually break. Short term bounces though to be expected, fall is never in a straight line.
A drop to 700-800 is likely.
More from Harsh / 허쉬
Invalidation level can be brought up to 4900 also.. #BajajFinance
Was looking at #BajajFinance chart once again. I am not able to complete 5 waves yet...hmmm...\U0001f928
— Harsh / \ud5c8\uc26c (@_Harsh_Mehta_) June 17, 2022
As posted earlier, the drop is still 4th (invalidation below 4500).
And target still remains open for 10K+ https://t.co/DozJzNhuuI pic.twitter.com/jPRaEQoPH3
How do you select stocks to invest in this stage of market?
Use 3Bar High on weekly candle to invest with stop at 3Bar Low.. 👇
Use 3Bar High on weekly candle to invest with stop at 3Bar Low.. 👇
One of the fairly easy and convenient method for investing is 3 Bar High/Low method on weekly candles.
— Harsh / \ud5c8\uc26c (@_Harsh_Mehta_) March 26, 2021
Buy when stock price goes above High of previous 3 bars, continue till trend continues week after week, and sell out when Price goes below Low of previous 3 bars. pic.twitter.com/nnVCbMi84C