HDB NYSE | ELLIOTT WAVE COUNTS...Hey guys
Please have a look at the chart of HDB (HDFC BANK), it seems to be in the 2nd wave of its primary degree.
your inputs are highly appreciated.
pls follow and like share.
This chart is not a buy sell recommendation pls ask your advisor before any investment decision.
Regards
HDB
HDB, waiting for a buying opportunity in Indian BanksModi's demonetization effort has bit the Indian economy quite hard. Perhaps there is a case to be made from a long term perspective that the banking sector is a buy after the recent sell off. Given the technicals and on going chaos, I'm going to wait and see if a better buying opportunity emerges. Possible targets are the parole black lines.