Disclaimer this is only for educational purpose and one must do their own analysis before building anything on this post or anywhere else in the social media one must take utmost care in analysing stocks and ideas that are published on such platforms because the publisher may not be sharing the kind of risk the audience or reader has please do your own analysis before taking any decisions based on this .
Analysis now : HDFC bank seems to have reversed from RSI 30 most of the times so it is quite possible that the stock may see reversal from band of 25 to 30 RSI , with a weekly overview one can look at this bank , please remember that MACD on weekly timeframe is still on the negative zone so one needs to have a weekly time ; however given the fact that the stock has corrected by about 20% plus from previous high one can analyse this, and one should do their own analysis on this counter
Analysis now : HDFC bank seems to have reversed from RSI 30 most of the times so it is quite possible that the stock may see reversal from band of 25 to 30 RSI , with a weekly overview one can look at this bank , please remember that MACD on weekly timeframe is still on the negative zone so one needs to have a weekly time ; however given the fact that the stock has corrected by about 20% plus from previous high one can analyse this, and one should do their own analysis on this counter