MSohailchouhan

good for buy on dip situation.

Education
MSohailchouhan Updated   
NSE:HDFCBANK   HDFC BANK
Range breakout with the support of volumes. RSI heading towards overbought zone, if sustains above today's high it can give opportunity to buy by giving a pull back, best entry levels around 2155 levels. Banknifty gave a breakout along with other major components i.e. Icicibank, kotak (caution volatility can inc. here as per going case in court), indusind bank.
Comment:
bank nifty roaring above the all time highs 28780 can be a strong resistance to be faced. waiting for a pull back
Disclaimer

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.