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HDFC-bearish targets? |
kartik_krish
White Belt
Joined: 29 Mar 2009
Posts: 5
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Post: #1  Posted: Sun Mar 29, 2009 4:36 pm Post subject: HDFC-bearish targets? |
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Hi all,
I am learning technical analysis and was loooking at the HDFC daily charts and it seems that it has formed a bearish engulfing pattern after a massive rally.The F&O data suggests fresh shorts, and the stock has closed below the trendline.Can someone knowledgeable please analyse and suggest next levels? |
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