HDFC Bank: Approaching Long term top

מעודכן
HDFCBANK

The impulse that started in early February is nearing completion.

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We are already seeing signs of RSI divergence on daily charts.

תמונת-בזק
More importantly, it is also completing 5 wave cycle, as seen on this weekly chart.

Most likely scenario is that we will see a final spike to 1260-80 zone followed by an extended downturn.
הערה
Exit longs in HDFC Bank

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הערה
תמונת-בזק
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