HDFC Analysis for 2nd January 2024

HDFC follow a trendline as per I draw.
Nearest strong Support at :1696
If tomorrow price break the trend line then your buying entry will be available after price settle up 1705.
Next Support area 1684.55
MACD and RSI is indicate bearish for intraday.
In a day timeframe Log term HDFC is bullish . If you are an investor then you can buy on dip.
Chart PatternsHDFCBANKTechnical IndicatorsintradayIntraday Momentum Index (IMI)intradaystocktipsintradaystrategyintradaytipsintradaytradeintradaytradingTrend Analysis

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Thanks & regards,
Kaustav Hazra
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