In this video, we explore a fascinating high-timeframe technical phenomenon using a single overlay chart of HDFC Bank. We compare the NYSE-listed ADR (HDB) with the native NSE-listed ordinary shares to show how currency depreciation can distort market geometry while structural cycles remain perfectly synchronized. We also look at the current monthly candlestick behavior and alternative Elliott Wave counts like triangles and ending diagonals.
Disclaimer: I am not a SEBI-registered investment advisor or research analyst. This video is strictly for educational purposes and historical technical analysis. It does not contain buy or sell recommendations, trade setups, or financial advice.
Disclaimer: I am not a SEBI-registered investment advisor or research analyst. This video is strictly for educational purposes and historical technical analysis. It does not contain buy or sell recommendations, trade setups, or financial advice.
WaveXplorer | Elliott Wave insights
📊 X profile: @veerappa89
📊 X profile: @veerappa89
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
WaveXplorer | Elliott Wave insights
📊 X profile: @veerappa89
📊 X profile: @veerappa89
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.