NSE:HDFC is at the PRZ level of Bullish Gartley Harmonic PRZ pattern. Volume Zone Oscilator is also in the oversold zone. It might do a bullish reversal from here.
Gartley PRZ pattern requires below criteria:
XAB - 0.618
AC - 0.383-0.886
BD - 1.272-1.618
XD - 0.786
Gartley PRZ pattern requires below criteria:
XAB - 0.618
AC - 0.383-0.886
BD - 1.272-1.618
XD - 0.786