HDFC BANK LONG TERM ELLIOT WAVE ANALYSIS
HDFC bank is one of the largest private sector and biggest bank of INDIA and WORLD'S 10 th largest according to market capitalization .
HDFC bank is among top nifty 50 index stocks and one of the largest bank in bank nifty index with 28% weightage . According to ELLIOT WAVE ANALYSIS it has completed one big cycle and moving towards third wave which is considerd biggest waves among ELLIOT 'S 5 WAVES . Price has taken support near 1250 which was earlier a strong support zone.
Weekly candle has also broken channel and looking bullish .It is the best stock to consider for long term investment .
HDFC bank is among top nifty 50 index stocks and one of the largest bank in bank nifty index with 28% weightage . According to ELLIOT WAVE ANALYSIS it has completed one big cycle and moving towards third wave which is considerd biggest waves among ELLIOT 'S 5 WAVES . Price has taken support near 1250 which was earlier a strong support zone.
Weekly candle has also broken channel and looking bullish .It is the best stock to consider for long term investment .
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