I think HDFCBANK has topped in a medium term. There are many things aligning up and all say that HDFCBANK's top is in.
The RSI has divergence, There is a long term trendline acting as a resistance. Also in the shorter term there is resistance as well.
The chart is very clear and speaks for itself.
CMP: 1296.7
Stop loss: 1318
DATE: DECEMBER 22, 2019
Your trades are your own sound decision. I'm not responsible for them.
DATE: DECEMBER 22, 2019
The RSI has divergence, There is a long term trendline acting as a resistance. Also in the shorter term there is resistance as well.
The chart is very clear and speaks for itself.
CMP: 1296.7
Stop loss: 1318
DATE: DECEMBER 22, 2019
Your trades are your own sound decision. I'm not responsible for them.
DATE: DECEMBER 22, 2019
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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.
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.