Outlook of Stock Market Using WD Gann Theory applied on HDFC, HDFC Bank & Mahindra on 22/4
- HDFC BANK : CMP 1369, A good rate to enter 1344-1369. SL 1290 ( closing basis ). Target 1590 possible till 3/5/22 14:15. A strong confirmation of the target can be confirmed once HDFC Bank will touch 1426 & at least 2 subsequent 1 hour price candle closes between 1426 & 1377.
- HDFC : CMP 2231. Entered @ 2169. SL is 2040 ( closing basis ). Target 2658 possible till 3/5/22 15:15. A strong confirmation of the target can be confirmed once HDFC will touch 2315 & at least 2 subsequent 1 hour price candle closes between 2315 & 2212.
- Mahindra & Mahindra ( As per Price Time Square ) : CMP 902. Buy if 914 is crossed, it should immediately hit 947 before 4/5/22. The day it will hit 947 should start falling or consolidating. I may go short well if it is closing below Low price of 4/5/22. Price Time Square @ 947 is valid till Mahindra hold Low price of 880 on closing basis.
Update on given outlook ( refer provided tweet )
I am not a S.E.B.I. registered advisor. All my sharing are broadcasted for educational purpose only. Do your own research before making any trades or investments.