Garey_Singh

HDFC BANK LTD. - Can it break 900 Supply Zonel?

Long
NSE:HDFCBANK   HDFC BANK
HDFC BANK LTD.

The stock broke the Supply Zone (870 - 878) and moved swiftly across 900 price point. It faced resistance from 100 SMA and closed below it.

Technical Indicators are Bullish. Time-Trend Indicators are also BULLISH.

If the prices break the 100SMA resistance and the next Supply ZONE (913 - 922), the next resistance is 942.

KEEP AN EYE!! #B+

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Garey
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