HDFC can show a very steep up move once it comfortably breaks the support zone marked as dotted blue line at 1974 in the chart and also breaks the horizontal trend line above it. It is presently in the 5th wave of elliott wave of a smaller degree which also strengthens our analysis. We can get a very good trade setup to the upside with strong momentum once the...
SUNPHARMA has been forming a triangle and at present it is in the last or the 5th leg of the triangle. Even in the 5th leg of the triangle it formed a triangle of a shorter degree which has just now completed, now if price breaks the orange trendline just below price we can get get a very good shorting setup with good momentum but if price breaks the blue...
