HDFC BANK SPOT CMP 1040
BULLISH AB = CD PATTERN FORMATION ON 15 MIN TIME FRAME
PRZ IN RANGE 1022 TO 1029
PATTERN VIOLATION BELOW 1000 ( 15 MIN CANDLE SHOULD CLOSE BELOW THIS LEVELS )
UPSIDE 1055,,1072,,1100 LEVELS CAN BE SEEN,
AB = CD LEVELS AT 1029 LEVELS
BC EXTENSION OF 1.618 AT 1024 LEVELS
AB LEG TIME OF 110 TRADING BARS,, CD LEG 110 BARS COMPLETES ON 23 SEP IN RANGE 11:00 TO 11:30 AM
TREND CHANGE TIME WILL BE 11:00 AM TO 11:30 AM
POSITIVE DIVERGENCE SEEN ON 15 MIN,, 30 MINS,, 60 MIN TIME FRAME,,
GOOD LONG CANDIDATE WITH SMALL SL AND 2X AND 3X REWARDS