bailbuddhi

HDFC Cup And Handle Formation on Hourly Charts

NSE:HDFC   None
There is a cup and handle formation on the hourly charts of HDFC , the stock has reversed from the neckline of the pattern but on the 15 minutes chart it has formed a double bottom formation for which the nekline forms at 2130 and if it breaks 2130 then it may try to break the neckline of cup and handle formation which is close 2147-2153 region. So the aggressive target would be the complete depth of the cup which is 200 rs in this case. Also dear readers the results of HDFC are going to come in next week so we can get a reaction either before that or on that day itself.
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