HDFCBANK Resistance at Previous Gap Down

By HawkishDove
Updated
HDFCBANK has to fill this earlier gap down to push out of the supply zone, until it does that this gap will act as resistance. Market conditions have improved, keep an eye out for this gap to be filled.
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Gap filled and now upwards movement started.
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~1670 would be a crucial level to move upwards from, one can plan a entry at that point if interested in this scrip fundamentally.
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All levels out of the gate, strong bearish day. Out of the list...
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Can't stress more about risk management after observing something like this. I understand this might be a gem stock, but one needs to be sure they are comfortable holding a falling knife, its tough for many to do so....
Chart PatternsSupport and ResistanceTrend Analysis
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