TradingView
vanathi
Feb 15, 2024 10:22 AM

HDFC Bank 

HDFC BANKNSE

Description

Price formed double bottom at 1460 zone, but failed to take support, fall for another 100 points. Now it is sustaining above 1400 zone.
Important support zone is 1380 - 1400.
Important resistance zone is 1450 - 1470.
If price sustains above resistance, then we can expect good bullish movement.
One hour time frame shows, price is sustaining above the trend line.


I am not going to give levels, let us see how price reacts around the important zones and decide accordingly.

Comment

No direction yet.
Comments
Sharvin1210
is I'm* right
More