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ypahalajani
Mar 18, 2024 8:19 AM

HDFCBANK could give a small uptick if reversal confirmed Long

HDFC BANKNSE

Description

We might witness some uptick in NSE:HDFCBANK if the near resistance zone breaks (daily closing basis).
Please note: this would be small move capture in short term but if on the Fib. levels if the reversal breaches 0.672 level. This will be a proper reversal - a chose to all time high.

Target and stoploss marked on the charts. Please trade responsibly!

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Breakout confirming today on hourly

Comment

There COULD be some resistance from 200 EMA on daily timeframe.
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