HDFC bank was number 1 safe investments with sure profits due to MSCI money flow, It worked out well. support area with big volume candle given second opportunity to enter long. But now price is forming right shoulder for head and shoulder pattern and price is below resistance area with same big volume candle indicating bearish view now. It might re test support and based on action at previous support only we can say will price rise or not again. so its better to book profits and stay away from HDFC for now.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.