AyushSinghba

HDFC Bank: Nice Bounce off the 50 Day EMA.

Long
NSE:HDFCBANK   HDFC BANK
-50 day EMA a well respected support and resistance for HDFC .
-Failing to break it suggests the stock can head higher.
-Bullish MACD .
-Last day's fall was on weak volume .
-Expecting a good short-term rally.

Not an investment advice.
Disclosure: Not invested.
Trade closed: target reached

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