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vicky252
Jan 8, 2022 8:13 PM

Break Out Trade in HDFC Bank Long

HDFC BANKNSE

Description

Date: 9-Jan-2022
LTP: Rs. 1,550.55
Target: Rs. 1640-->1720-->1875.

HDFC Bank has recently shown break out from the current secondary trend with higher volume, indicating a strong possible up move. Technical indicators are also showing positive sign with 7D EMA crossed over 13D and 26D EMA on 1D TF chart. MACD crossed over to bullish zone and RSI is in buy zone.
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