karthikje

HDFC Bank - Final support

Long
NSE:HDFCBANK   HDFC BANK
Hello Investors,

All these two years HDFC bank share had tough time for investors. Now I did a monthly time frame analysis with the trend line and horizontal price engagement area meeting the trend line.

Hope this could be the final swing to come low for HDFC bank.

What are the support levels ?

1505, 1500, 1498, 1480

From any of these price point it will bounce and will have a pleasant rally, why ? FII buying in HDFC Bank has increased from the june quarter and the DII as well showing interest.


Thanks
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