HDFC BANK LTD

HDFC Bank - Update

https://www.tradingview.com/x/lBJRAtsr/

Acceptance and Rejection areas along with price levels have been marked on weekly chart.

Trade with confidence. Yesterday's candle of i.e 10-23-23 2:42 PM as was informed in case of Reliance was very important for overall Indian market. You must have noticed and can vouch that in almost all the major stocks, that trend changed sharply from this candle. But, not to worry at all, today being holiday, sell off came. But, now again watch this candle and mark high and low of this candle and buy above this whenever that level comes.
Next three candle which are important for Indian market are 10-26-23 1:35 PM, 10-29-23 12:28 PM, and 11-1-23 11:22 AM. Please mark these candles and buy only above high of respective candles.
Whichever candles I recommended from September 2023 to October 2023 till now, I am sharing here on consolidation basis and check them on varied stocks you will be amazed that trend changed from there only. If found correct, or otherwise please comment so that I can share my best material with you for mutual benefit of all of us. 9-8-23 1:58 PM, 9-11-23 12:49 PM, 9-14-23 11:40 AM, 9-20-23 9:23 AM, 9-22-23 2:31 PM, 9-28-23 12:15 PM, 10-1-23 11:07 AM, 10-4-23 9:59 AM, 10-6-23 3:08 PM, 10-9-23 2:01 PM, 10-12-23 12:53 PM, 10-18-23 10:39 AM, 10-23-23 2:42 PM. If you join these candles in a round in any of the Indian stocks or indices, you will be benefited to find the result. Please do this exercise for your benefit.

Disclaimer
I am not a registered analyst and make any decision in consultation with your financial advisor. I will not be responsible for any of your profits or losses.

Penafian