HDFCBank - Potential Upward Channel Breakdown
HDFCBank seems to be breaking down from an Upward Trending Channel below 2400. A decisive breakdown could result in a move towards 2200-2100 in the short to medium term. Upside strong resistance is seen at 2500 above which the breakdown is negated.
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.