Panjang
HDFC set for re-continuation of Uptrend
Clear Cup & Handle Formation in HDFC, followed by a small breakout of the Handle.
Cup & Handle is a continuation pattern, which suggests that the blip in HDFC's upward trend may be over, and the uptrend is likely to now continue.
Confirmations of the pattern formation/ trend analysis are (1) supported by a bounce back off the 2370 support level, and (2) Bullish Divergence forming between the increase in RSI and decrease in price.
Cup & Handle is a continuation pattern, which suggests that the blip in HDFC's upward trend may be over, and the uptrend is likely to now continue.
Confirmations of the pattern formation/ trend analysis are (1) supported by a bounce back off the 2370 support level, and (2) Bullish Divergence forming between the increase in RSI and decrease in price.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.