Hdfc Bank Previous resistance is now new support

Updated
hello dear traders

hdfc bank daily

1500 is previous resistance for hdfc bank
in aug 2022 to nov 2022

look like for now its turn in to a support
mkt take support many time at this 1500

so we can take long position at around between 1460 to 1500
with the stop loss of 1420
for the target of 1700

-----------------------------------------------------------------------
Note
snapshot

book 12% profit
Note
price fully achieved my final target 1700
without hitting stop loss
my entry for this trade @ 1460

so around 17% target profit reached
Trade closed: target reached
Chart PatternsTechnical IndicatorsTrend Analysis

Related publications

Disclaimer