vpatil10

HDFCBank -- Cross the Zone

Long
NSE:HDFCBANK   HDFC BANK
HDFC Bank is consolidating near the zone marked in the chart.
This zone or resistance is tested multiple times and hence it gives a good conviction if it breaks this zone.
Once it crosses this zone, there is a gap that will be taken out and good up move can be seen.
Keep SL below this zone and sit tight for a long journey as shown by an arrow marked in the chart.
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