HDFC – 5th Wave Opportunity (Closing Price: 3492.95)
According to Elliott Wave theory, HDFC stock price will keep drilling upward. And we may see Housing Development Fin price at the following levels: . But intraday traders should worry about the support trendline of the parallel channel because HDFC price may try to retest the support trendline before the trend continuation.
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TCS: This Rise Is A TRAP (Closing Price: 3492.95)
According to the last trading session, TCS prices may hike up to 3560 from here. But this can be a trap for buyers. Technically, we cannot see an upside rally before retesting of levels.
Tech Mahindra Trying To Break All-Time High (Closing Price: 1524.10)
Technically, TECHM is trying to make a new all-time high. The day’s candles are making long wicks from the past four trading sessions. And if you look into volume, tech Mahindra stock is trying to throw out the sellers. We may see .
Moreover, if it breakdown the level of 1460, then beware because this level breakout can stop upside rally. And the stock price may fall up to .