1. HDFC Bank is following and very well respecting the channel pattern in 1 Hr. time frame.
2. It has bottomed out its lower trend-line in the channel.
3. In my personal opinion, prices should move on from this level and its 1st TP should be 1100 and 2nd TP should be 1120.
2. It has bottomed out its lower trend-line in the channel.
3. In my personal opinion, prices should move on from this level and its 1st TP should be 1100 and 2nd TP should be 1120.
Comment:
As I mentioned yesterday, prices moved up in the channel.