HI EVERYONE! HDFC BANK CYCLIC DOUBLE BOTTOM IN WEEKLY TIME FRAME GO FOR BUY IN SWING LOW DIPS SL-915 BELOW 4 HR CLOSING BASIS TARGET-1130 THANK YOU! KEEP SUPPORTING & HAPPY TRADING
HDFC Bank is currently trading at support zone and the trend is turning to bearish. From the 200 Weekly MA HDFCBANK made a pullback, from this level few days or weeks of range bound distribution phase can be seen, RSI is below 30 and price is below the Ichimoku Cloud and it is turning to bearish, Alligator is bearish. If one or two weekly candle closes below...
HDFCBANK can be short sold with a SL of 1223 and a target of 1024
Disclaimer - I could be wrong/Trade at your own risk...