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HDFC BANK chart study

Hdfc bank spot cmp 1720

Last two swing high for the counter on weekly time frame are around 1725 and 1722 levels, from where counter have faced some selling pressure .
Current price also in same supply zone, if we get weekly close above 1725 levels, and a follow through, counter can move on to new bullish zone.
If fails to move above 1725 or sustain above 1725 levels, reversal from current levels possible.

keep watch
Note
100 points gone in no matter of time

Enjoy

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