Technical Views:HDFC Bank and Hero Honda
HDFC BANK
HDFC is moving in a trendline channel as shown in above chart. Buying should be done only a sustained move above 720.
ON Daily Charts RSI and Stochastic are in overbought zone.
Stock will enter into uncharted terrotiry after a move above 720
Buy above 720 TGt 728,735 SL 715
Sell below 715 TGt 709,702 and 696
Hero Honda
Hero Honda has been moving in a channel from low of 1413 to high of 1708. Stock has been making higher high and Higher low formation on daily charts and continued with its upmove.
As per daily …
Read the full story »
HDFC is moving in a trendline channel as shown in above chart. Buying should be done only a sustained move above 720.
ON Daily Charts RSI and Stochastic are in overbought zone.
Stock will enter into uncharted terrotiry after a move above 720
Buy above 720 TGt 728,735 SL 715
Sell below 715 TGt 709,702 and 696
Hero Honda
Hero Honda has been moving in a channel from low of 1413 to high of 1708. Stock has been making higher high and Higher low formation on daily charts and continued with its upmove.
As per daily …
Read the full story »
posted by Bramesh at
8:44 AM
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