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manuagarwal21

HDFCBANK ABOVE SUPPLY ZONE

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HDFC BANK (NSE:HDFCBANK)  
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NSE:HDFCBANK   HDFC BANK
Trend Analysis Supply and Demand Support and Resistance HDFCBANK hdfcbankanalysis hdfcbanklong hdfcbankforecast hdfcbankidea breakout breakouttrading
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trendanalysis supplyanddemand supportandresistance hdfcbank hdfcbankanalysis hdfcbanklong hdfcbankforecast hdfcbankidea breakout breakouttrading
HDFC BANK has seen a very good trending move yesterday and it also went above and also closed above the supply zone (1415-1425), which would now act as a demand zone, hence any dip in the stock would most likely be absorbed soon, as long as stock is trading above 1410 levels.

Immediate resistance is around 1480-1490 levels.

This trade offers a good risk-reward ratio.

Trade type: Swing, Breakout

Dagangan ditutup: sasaran tercapai
Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.