HDFC BANK LTD
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This one is Going to Go for New High , its Not coming down heavy , and Now they are making an Down ward Flag , Usually this kind of Flag will bust away form that level , start moving in very strong Pulsing way ,
Look for Reversal on 1 Hour before entering and stop below the reversal candle
My Forecast is not changed yet , it may reverse form 2010 , You can look for reversal before taking the trade
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Look for reversal before entering the Trade
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Made exact reversal near 2007 , and Now I am long with stop below the Reversal candle
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Moving as per forecast , it will not move rapid as off now due to market in bearish sentiments , so far 2010 to 2027 in Futures , Look for short term booking of profits near 2040 , it will likely try to retest the low
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Well if you understand the Pattern being formed in the Market then it becomes like child play , We are two analyst and having Bunch of customers and when we give a Call for buy and sell , they ( Clients ) just take the trade and close the Laptop and go for Playing in Ground ,
When i said it will bounce form 2010 , it has giving the opportunity , and we booked 1st Profit at 2040 and then re-entered in Pull back , Now its moving
Lets stay with it trailing the stop ,
I think there is possibility of market Moving up side due to change in Finance Ministry from current to another person
Look for trail your stop if you are in the long trade
Trend Analysis

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