Get started
jatin_agarwal

HDFC Bank Flirting with its trendline

Long
HDFC BANK (NSE:HDFCBANK)  
jatin_agarwal  
NSE:HDFCBANK   HDFC BANK
Trend Analysis Chart Patterns Technical Indicators HDFCBANK
2
1
trendanalysis chartpattern indicator hdfcbank
A long term trendline of HDFC Bank was recently broken. The line offered good support to the chart. Currently the same line might act as a resistance. However, seeing the bullishness, I am tempted to stay long in this script but with a tight revised stop loss of Rs.1520
Jatin Agarwal
Founder and CIO at MoneyCraft (SEBI RIA)
Creator at The Bull of Dalal Street (YouTube Channel)
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.