HDFC BANK LTDLong
HDFCBANK 15th June 2021
HDFCBANK showed a double top pattern (highlighted in pink circles) and 1478.75 looks like a good support level for the stock. Bullish engulfing pattern seen during last 3 hours of yesterday's trade ( 14th June) coupled wit RSI in acceptable zone. This is confirming headroom available for higher price. Hence recommending long position ( Entry : 1478-80 levels, Exit : 1500 Level)
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