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HDFC Tripple Three Elliott wave pattern

Actualizado
HDFC LTD is trading in range and has made Tripple three 5 Elliott wave pattern in which waves W, X, Y, XX, Z are formed.

This pattern usually a little shifted in opposite direction of preceding trend (here it was down) hence you would see dotted orange trend lines.

Entry near 1520-1490. If on hourly chart closes below 1483 exit. Target 1690(Unfilled gap near 1705) by expiry,1845, 2000-50+.

Max pain for may series at 1600 right now 1500 major support as per option chain.
Nota
Didn't break 1483 on hourly chart trade activated near 1500
Nota
HDFC Hit 1560 party just getting started
Nota
HDFC high 1731 nearly 250 points given today book 25% and hold tight for 1800+
Operación cerrada: objetivo alcanzado
HDFC high made 1859
Elliott WaveSupport and ResistanceTrend Lines

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