HDFC BANK LTD
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HDFC Bank-Short

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HDFC Bank has given a closing below the triangle and looks weak in weekly time frame as well. Once 200 EMA support is breached, this could head to 1165 levels in coming months. SL should be 1450. This will also depend on banknifty which looks mostly range bound but if this counter is weak then banknifty will fall quickly.
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SL Hit
Chart PatternsTrend Analysis

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