HDFC Bank Technical Anaylasis

9 thg 11

HDFC Bank class breakout on Weekly and Monthly time frame, breakout of three year consolidation. Sustain above 100 and 200 Days EMA and Retest Confirmation on 50 Days EMA. Significant price stability (price range 1600 to 1700). Previous resistance level has now turned into strong support. Likelihood upward move Indicate bullish move could be anticipated if buying pressure.