HDFC ( DAILY) - Rectangular Breakout

HDFC ( DAILY)

Awaiting for Rectangular Box Breakout
Buy above 2026
Await for candle confirmation
Target of Rs.60 @ 2086

9 day EMA > 21 day EMA > 50 day MA
Stochastic > 75
Volume = Average
RSI > 65

According to candle pattern as on 9th Oct 2020 , Made higher lows with decreasing volume showing abnormal movement , could indicate a pullback , taking support at 9 day EMA