These are the Fresh Source Monthly Supply and its destination Monthly Demand, After reacting to the Source Supply Price has headed downward to the Demand, This is how Price has been coming towards the Monthly Demand and this is the last Fresh Daily Supply, after reacting to this Price should continue the downtrend till it reaches its Destination of...
The Stock had been in consolidation and starting to show divergence on RSI and price. Also the increase in volume at lower levels suggesting that stock is in accumulation phase and is ready for the breakout for the above mentioned targets.
HDFCLIFE Ltd is trading in an up-sloping channel, and within this channel, there is a probability of a Shark Pattern, which if unfolds can take stock towards 800- 840 levels in the coming weeks and months. Can't comment on how smooth is movement is going to be, but any dip in the stock would be an opportunity to go long in the stock, as long as the stock is...