Thestocktechnicals

HDFC BANK 1hr analysis

Long
NSE:HDFCBANK   HDFC BANK
HDFC bank has been trending from the
past few days, It has a resist zone at 1475-80
which has been broken, previously it has been
trading in a channel which has been broken,
the channel's support trendline is now acting
as a resistance, if it REGAINS the level then it may
even reach the upper trend line but first it'll
find resistance at 1520
Trade closed: target reached: it's gud to book profits before it reaches the resistance

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