HDFC BANK : UP Trend Continue..!5 Steps Analysis of HDFC BANK
1. On Daily TF we can see that the stock was consolidated from Nov.2022 & make base for up move.
2. On Daily YF we can see the stock has made CUP Pattern formation with High Volume which Indicates further up move.
3. Momentum Showing Strong Strength on Daily, Weekly & Monthly Basis.
4. Successfully gave closing above 20DMA from last 4 Days with High Volatility.
5. Stock Maintain 1650 level and gave closing above 1650 at tomorrow then further Up side move can see at 1705 levels.
