HDFCBANK Bearish short term - 1500
HDFC Bank forecasting
On weekly chart there is distribution coming in from higher levels and stochastic showing bearish divergence.
For short term the stock may be in bearish range and can reach target of 1500
On weekly chart once the cup and handle pattern completes close to 1500 level.
The long term target for the stock is 1800-1900
On weekly chart there is distribution coming in from higher levels and stochastic showing bearish divergence.
For short term the stock may be in bearish range and can reach target of 1500
On weekly chart once the cup and handle pattern completes close to 1500 level.
The long term target for the stock is 1800-1900
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.