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HDFC Bank-Daily Chart Analysis

Short
NSE:HDFCBANK   HDFC BANK
HDFC bank currently up against a resistance zone.
Suitable trading side will be towards SHORT. WIth SL @ 1255. For 1stTarget of 1140. Risk Rs 20 Reward Rs.95
RSI showing neg divergence.
One can also go long on short term basis if SP closes above 1255 on 1 hr time frame with SL @ for a target of 1290+

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