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Stock seems to move in a channel . It is now near the support level with RSI of 50. Happy Trading!!
HDFC bank has broken out on RSI and looks strong for an upside to 1500+ levels. A perfect entry as of now should be around 1390-1400 levels. The view gets negated if the price closes below 1381. The risk to reward ratio = 1:10
COMMENT FOR UPCOMING TARGETS & SL!
HDFCBANK SEEMS READY TO CROSS 1464 and make new heights
HDFC bank has rallied today. More bullish from here
Levels on charts with targets n stop loss. #hdfcbank
Hdfcbank has bullish wolfe wave on 30mins TF, Targets on chart...
By Sun Storm Investment A Profit & Solutions Strategy
HDFC Bank has again tested its short term support and started to move up. It may test some resistance at trend line but it shouldn't bother this stock much. It can easily breakthrough it.
CMP: 1407 Strong buy daily chart. Max hold 1 week. Possibility of correction in a week.
Possible downside till support levels if Trend line Support is broken. CPR Indicates Possible Consolidation.
HDFCBANK LOOKS GOOD TO SHORT BELOW 1360 FOR 1342/1320 WITH SL 1372
HDFCBANK LOOKS GOOD TO SHORT BELOW 1360 FOR 1342/1320 WITH SL 1372