HDFCBANK has shown a breakout from its trend line.There has been an increase in Volumes and also crossing 20-Day avg. volume lately.
Additionally, RSI has also given a breakout from its 55-levels after more than 2 months.
1500-1510 may continue to see some sort of resistance beyond which targets maybe achieved fairly quickly.
STOPLOSS can be considered as the SUPPORT line.
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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.