HDFC Bank Limited
Long
Aggiornato

HDFCBANK could give a small uptick if reversal confirmed

1 147
We might witness some uptick in 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
Nota
There COULD be some resistance from 200 EMA on daily timeframe.
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Price action is getting trickier. It could be because of market volatility.
Nota
Recovery seen on charts.
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1600 spot levels coming soon for profit booking.
Market sentiments are positive so far.
Nota
Target reached - 1598 ✌🏻

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