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Now stock undergoing flag consolidation & volume picked up again today, RSI & MACD remains quite strong
If it is able to sustain above 10450-500 it may rally towards 11900-12000 as indicated
#Nifty #stocks https://t.co/mYByDOqhUG
#srf had a bullish breakout with high volume after decent consolidation above daily mid bollinger
— Techno Prince (@Trader_souradep) August 29, 2021
RSI & MACD remain supportive of the move
If the stock sustains above 9450, it may move towards 9950 or higher #stocks #Nifty pic.twitter.com/LvXSg6iSEl
Not trading call, academic post
Deepak Nitrite -
— The_Chartist \U0001f4c8 (@nison_steve) September 9, 2021
Doji Candles - Textbook - Indecision/Confusion amongst bulls and bears.
Practically - no bulls and bears - only smart money and retail investors
Few back to back doji - price being kept in a tight range to accumulate/distribute before an upcoming news pic.twitter.com/GckekXtgDu
Let's look at the Multi-TF Technical aspect~
In weekly; Price marked by converging trend lines.
Representing consolidation prior to continuing in the direction of existing trend.
Sustenance above 1531 and a break-through at 1579.35 would trigger 1640+
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In daily; it's showing a counter-trend move that has followed after a sharp price movement.
Rejection level at 1579.35 which needs to be breached for extended upside.
Both Weekly and daily charts are indicating the resumption of the prior trend.
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It has been on my radar since August series and I have been watching out for these levels to be neatly breached for a bullish move.
#HDFCBANK
— Gurleen (@GurleenKaur_19) August 10, 2021
The setup looks favorable above 1531 for target's of 1640+#StockMarket #StocksToWatch pic.twitter.com/jbQrbjuYHy
The news is also favorable for #HDFCBANK.
In their last commentary, Bank said~ the transportation finance disbursements are 110% of May numbers.
July was 40% higher than the month of June and August was twenty 25% higher than July.
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Bank is very upbeat about it's growth in rural and semi-rural areas.
Right now they are active in total of 1 Lac villages.
Within two years they aim to expand it to 2 Lac villages as it's going to be major part of their loan book.
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Double Top Buy & T20 Pattern - Bullish triggered above 3596.76 daily close on 3% Box Size chart. https://t.co/130vDnOAzm
SAREGAMA
— Saket Reddy (@saketreddy) July 15, 2021
Double Top Buy & T20 Pattern - Bullish above 3601.56 daily close on 1% Box Size chart. https://t.co/3514cyjgDH pic.twitter.com/pdlyX1pdre
Double Top Buy & T20 Pattern - Bullish triggered above 571.53 daily close on 1% Box Size chart. https://t.co/BQxUdNo5fG
IEX
— Saket Reddy (@saketreddy) May 4, 2021
The trio meet once again on the chart!
Double Top Buy, T20 Pattern - Bullish & Super Pattern - Bullish above 380.44 daily close on 3% Box size chart. https://t.co/IPPpzuX2st pic.twitter.com/zpFxDiEx5j