HDFC Bank

As can been seen on the chart, HDFC bank completed a five wave pattern from 19 May to 10 Jul ... the same was followed by an extended flat correction as marked on the chart... After the correction wave 1 formed as a leading diagonal and its corrective wave 2 appears to be complete ... Wave 3 should commence with targets as marked on the chart ... Expected time span of achieving targets is 7-10 days .... Ideal to take long positions with SL as 1020 .. views expressed are purely personal and are not to be used for trading