HDFC View in 30 min

From last couple of day it's follow a down trend in 30 min timeframe. and now it create a double bottom with good volume and we can see MAX VOLUME is in 1674.05 .
After break trend line with good volume the level of 1690 we can se a good move from 1690-1705 or 1720.

After 1690 level break as expected we can see a bullish divergency at MACD . (as expected just tell this advance )

1704 is a resistance 1
1720.90 is resistance 2

support 1: 1674
Support 2: 1668
Chart PatternsHDFCBANKhdfcbankanalysisTechnical IndicatorsTrend Analysis

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Kaustav Hazra
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