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manavtechresearch
Oct 18, 2021 2:36 AM

HDFC BANK BULLISH ON WEEKLY CHART  Long

HDFC BANKNSE

Description

It was but obvious that hdfc bank on thursday will see long built-up heading into the event
numbers were good but i am not sharing the view based on technical levels
there is a double bottom breakout on weekly charts
indicating a move towards 1800-1900
now since there was huge accumulation on the thursday
we can see some profit booking today after result play is over we may cover

HDFC BANK BUY ON RESTEST OF BREAKOUT LEVELS
BUY@1650-1660
STOP@1600
TARGET@1750-1800-1875

PLEASE NOTE:-
target will be revised further based on weekly action
stay tuned for further update
Comments
swarnakarpankaj
When whole market is bullish there is no point giving a particular stocks recommendation
manavtechresearch
@swarnakarpankaj,its positional trade and the script has given initial correction already but anyways everyone is a right to form an opinion
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