Wednesday, December 29, 2010

A BREAK OUT ??

TODAY WAS A BIG POSITIVE DAY FOR THE MARKETS.

hdfc bank proved to be the LEADER of this upside rally ,which can turn out to be the rally to complete double bottom pattern.

till yesterday it was TO BE or NOT TO BE....BESIDES DULL AND SIDEWAYS movement in indices it was intraday chart of hdfc bank that started giving lot of clues about what was coming in the broader market.

here are three different periods charts of HDFC BANK for last few days with my SYSTEM arrows.....
5 min /15 min /60 min charts.

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