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.