Hdfcbank Hdfcbank looking good to go long, stock's wave structure suggests that the stock is in wave 5, and within wave 5, wave (2) appears to be completed, and now Wave (3) of 5 should play out, the daily macd indicator turned bullish and done positive crossover and rsi above 50 with uptick, one can go long at these levels or in dips with mentioned key levels in chart.
Wave Structure and key levels are mentioned in chart
Macd in daily positive crossover
Rsi Uptick
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I am not sebi registered analyst
My studies are Educational purpose only
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