As per charts !!! Double top HDFC short trade
NSE:HDFCBANK Entry 1400 - 1420 Target 1595 SL 1348.8 Stock is trading at 1428, Recently has shown support at 1365 to 1395 Zone. Stock has supply at 1467 to 1500 so may face some resistance at this price but if cleared with force then It can reach up to 1595. Buy and hold in cash segment for 8-10 trading sessions. In case of Index falls and price is not...
It will go down below 1050, Its time to go Short. Next Long Position Will Come after it crosses 1050 Level.
HDFC BANK SUPPORT RESISTANCE ANALYSIS
This is my opinion, do your homework then trade guys. Have a good trade.
Successful Round Retest of Monthly Trend line and Strength is strong with Buy position. Entry and Stop loss as shown in chart.
TREND ANALYSIS Follow Chart Instruction. Do not be Hurry for entry. Wait for Proper Entry Setup. Buy/Sell with Best Risk Reward. Educational Chart Only. You can Comment and ask the TREND ANALYSIS of any STOCK/SCRIPT/INDEX/FOREX.
HDFC BANK SHORT TERM BULLISH AND LONG TERM BEARISH