jayaprakash99

HDFCBANK Resistance Breakout

Long
NSE:HDFCBANK   HDFC BANK
HDFCBANK has crossed the 61.8 Fib level, which it has been facing resistance from past 2-3 weeks. The next target can be 78.6 Fib level i.e, around 1148. (Both RSI and MACD also indicating a positive signal)

This is as per my analysis.

Happy Trading.

Currently, I am learning fundamental and technical analysis of the stocks. Please feel free to comment on the post, if I did any mistake in Analysis.

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