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Hdfc Bank Previous resistance is now new support
HDFC BANK LTD
Long
Hdfc Bank Previous resistance is now new support
By sk_4587
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Updated
Dec 28, 2023
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5
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Oct 18, 2023
hello dear traders
hdfc bank daily
1500 is previous resistance for hdfc bank
in aug 2022 to nov 2022
look like for now its turn in to a support
mkt take support many time at this 1500
so we can take long position at around between 1460 to 1500
with the stop loss of 1420
for the target of 1700
-----------------------------------------------------------------------
Dec 5, 2023
Note
book 12% profit
Dec 28, 2023
Note
price fully achieved my final target 1700
without hitting stop loss
my entry for this trade @ 1460
so around 17% target profit reached
Dec 28, 2023
Trade closed: target reached
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Trend Analysis
sk_4587
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