HDFC BANK FUTURES forum
HDFCBANK1! last week HDFC closed at 1550. This week candles are getting resisted by last week closing i.e. is 1550
MACD AND RSI signals are not showing any divergence and today's candle (10/4/2024) taking support at 200 EMA that is around 1537.
All this suggests that HDFC will bounce back and the next resistance point is may be at 1600-1640.
this is a personal analysis, please o your own analysis before taking any trade
HDFCBANK1!