The stock is in uptrend and takes support of the lower line of channel, let's see it happens again or it breaks range this time.
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InvestPro India Team
Hanging man candlestick is formed on HDFCBank daily chart, sell if sustains below 1540 for the targets of 1525, 1490, 1465 and 1435 until 1585 is intact on the upside.
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
NSE:HDFCBANK
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HDFC Bank CMP :- 1481
Current Support :- 1464
Target :- 1650
one can long till target as long as it stay above current support.
******whatever charts or levels sharing here are just for educational purpose only not a recommendation. please do your own...
I think HDFCBANK has topped in a medium term. There are many things aligning up and all say that HDFCBANK's top is in.
The RSI has divergence, There is a long term trendline acting as a resistance. Also in the shorter term there is resistance as well.
The chart is very clear and speaks for itself.
CMP: 1296.7
Stop loss: 1318
DATE: DECEMBER 22, 2019
Your trades...
HDFC Bank has cut below a rising Trendline showing weakness along with overall market. Upcoming support area between 2400 & 2410 is very crucial. Any level to which the price could react as support should be the mentioned range around 2400. Below that level, the stock could well drag down to 2320-2340 region.
(Disclaimer: Our charts and contents are just for...
HDFCBANK this stock instrument is trending down
Bearish Alerts Enabled, Up Over 1000pts
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