HDFC BANK TAKING SUPPORT , READY TO REBOUND

Feb 16

The stock has taken a crucial support at the 1364 levels and is expected to rebound strongly form here , moreover the stock has traded in a narrow range or a channel formation since january 2021 , it can give more than 26 % returns in no time , also there has not been and significant impact on the PAT which further enhances the reliability
also the RSI LEVEL IS 31 WHICH SHOWS THE STOCK IS IN OVERSOLD ZONE

Jun 27

Trade closed: target reached

rebounded as expected
also it has reached a curcial resistance and can give breakout from here anytime
if it gives breakout from here 2017 can be achieved