HDFC Bank - Update - Bullish

7 Nov 2023

1. Candle of 11-1-23 11:22a.m is still providing support.

2. Candle of 3:25 of 6th November 2023 is still acting as resistance with price levels of 1493 as the low and 1493.7 as the high.

3. Today there is no special candle for the stock therefore, wait for the candle mentioned at 2 above to be broken.

4. Stock has attained weekly support at 1480 and previous close is above low of monthly swing.

5. Can expect a level of 1509 in the short term and 1521 and then 1560 in the weeks to come.

6. Swing Levels have been provided in the chart itself.

Please find reasons to trade. Once, confirmed then do not hesitate to click your trade.

Disclaimer: I am not a SEBI Registered Analyst. Please consult your financial advisor before making any decision. I will not be responsible for any of your profits/losses. This is only for educational purposes.

Let you grow. May! I follow you.