HDFC Bank about to inch higher.
HDFC bank completed its wave 1 which was a 5 wave impulse and retraced 61.8% in wave 2. Wave 3 up can start which can go to 1615(if wave 1=3 and 1640 if wave 3=1.618 times wave 1). Keep a stop loss at the recent loss at 1558.
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