HDFC BANK LTD

HDFC Bank update

https://www.tradingview.com/x/vtSLyJo7/
https://www.tradingview.com/x/xXgxqKNK/

Its a special Diwali Gift for you, my dear followers. I have tried to keep it as simple as possible.

1. Planted is my indicator showing degrees and I have knowingly switched off irrelevant levels and kept open only a few relevant levels.

2. You can simply vouch in the Daily Chart that November 7 2023 is 90 degrees Level therefore, Low of this candle is strongest and not likely to be broken. November 21 is the 15 Degree Level and therefore, be prepared for the levels of these days. By 21st September we can expect around 50 points gain.

3. Total Buying is being done by the smart money now from 1484 and 1485 as per comment mentioned on the chart itself. So, this level will be protected today.

4. Market closed just below Yesterday's candle of 2:18 p.m.

5. Today's most important candle for the stock is 11-10-23 12:17 PM.

6. Price Swing Levels for today are as under:

Price
High 1504

78.60% 1494.6375

61.80% 1487.2875

50% 1482.125

38.20% 1476.9625

23.60% 1470.575


So, trade with confidence above 1485 today and watch candle of 12:17 p.m. today and it will be the trend decider for coming weeks for the stock.

Disclaimer: I am not a SEBI Registered Analyst. Please consult your financial advisor before making any decision. I will not be responsible for any of your profits/losses. This is only for educational purposes.
Let you grow. May! I follow you.


Disclaimer