HDFC bank gives a break out.

HDFC bank has finally given a break out and moved today.

It might be a good signal for the markets as this heavy weight has given a break out. Totally a positive sentiment for the markets.
The stock has closed above its 20 & 200 ema on different time frame.

Hdfcbank may give good opportunity for intraday and swing trades,

Support :- 1456, 1415-6.
Resistance :- 1472-74, 1490.

Wait for the price action near the levels for confirmation.


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