HDFC Bank is trading at the strong support of 1420 and weak support of 1422. Please read the notes as mentioned on the chart.
Now, you must be wondering as to why such small movements are there in the market. Let me tell you the truth. All the movements in stock market are time managed and these movements are managed years before. At present there is a special date coming on 29th of February 2024. This a leap year and this date will come only after 4 years. So, it is crucial. Till then there is such a small movement. As stated earlier, on that date the stocks/commodities which were bearish for the last year, will make a low and the others which were booming will make high and a major reshuffle in the market.
So, please remain away from the market unless you can manage small movements or play options. On 29th low and highs and after 3 days of that means form 4th of March movement major movement will come. So, please save your money for all the good times to come.
Please stay connected.
Disclaimer:
I am not a SEBI Registered Analyst and it is only for educational purposes. Please consult your financial advisor before making any decision,
Let you grow. May! I follow you.