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KaustavHazra

HDFC Analysis for 2nd January 2024

Short
HDFC BANK (NSE:HDFCBANK)  
KaustavHazra  
NSE:HDFCBANK   HDFC BANK
Trend Analysis Chart Patterns Technical Indicators HDFCBANK intraday intradaytrade intradaytrading Intraday Momentum Index (IMI) intradaystocktips intradaystrategy intradaytips
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trendanalysis chartpattern indicator hdfcbank intraday intradaytrade intradaytrading intradaymomentum intradaystocktips intradaystrategy intradaytips
HDFC follow a trendline as per I draw.
Nearest strong Support at :1696
If tomorrow price break the trend line then your buying entry will be available after price settle up 1705.
Next Support area 1684.55
MACD and RSI is indicate bearish for intraday.
In a day timeframe Log term HDFC is bullish . If you are an investor then you can buy on dip.
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Thanks & regards,
Kaustav Hazra
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