HDB/N trade ideas
#HDFCBANK#HDFCBANK, That 1700-1730 level acting as an Important Resistance. HDFC Bank also tried to cross 1650 level multiples in past 6 month and failed in all the attempt.
This long consolidation in HDFC Bank looking like it can Breakdown to below level i.e 1480 level which is POC of last 2 year where it may find some Demand. Break below 1540 in coming week can print 1480 level.
HDFC BANK AT CRUCIAL LEVEL !!!#HDFCBANK ( W TF)
👉 The stock is taking Resistance from weekly supply zone And also Consolidating near the Resistance zone & The support is at 1575.✅
👉Weekly Close below the 1575 will lead the fall to the 1500/1450/1380( i.e Next Demand Zone) in next coming trading sessions.
👉Add to your radar✅
HDFC BANK : Make or Break Level...!HDFC Bank on Daily TF wee can see that give closing below 20 MA from last 4 days due to Global News. Sentiment negative, Short & Medium term Momentum is weak with high volatility and high volume. We can see the further down side in banking sector still remains same in uncertainty global market. Today Stock given closing on support line if it break tomorrow then down side we can the 1514,1493 levels.