AVWAP always acts as a support and resistance.
HDFC Bank is still strong till it is trading above its nearest AVWAP. If broken we can see selling till 1250 which is next AVWAP support.
1450-1550 is accumulation zone for the stock.
Can Accumulate with Long Term View
HDFC Bank is still strong till it is trading above its nearest AVWAP. If broken we can see selling till 1250 which is next AVWAP support.
1450-1550 is accumulation zone for the stock.
Can Accumulate with Long Term View