rishimaheshwari10

Will HDFC break out Resistance?

NSE:HDFC   None
Is HDFC out of bottom base consolidation? Looking at the chart says 1486 been a great support level. And today stock broke its resistance level at 1697. Confirming it whether the stock is in an uptrend is hard. Because of RSI already above 80 and in May the same happened and bought back stock to above said support level.

Better to watch, rather invest at this moment.
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.