HDFC BANK - GO LONG ABOVE 2275 ONLY!

HDFC BANK IS FORMING AN INVERTED H&S WITH NECK LINE AT 2275.

IF IT TRADES ABOVE THIS LEVEL, THEN NEXT TARGETS ARE 2300 / 2320.

IF THERE IS REACTION DUE TO ALTICO EPISODE (EXPOSURE TO HDFC Bank has the maximum exposure at Rs 500 crore), THEN THE SUPPORT SHOULD EMERGE AT 2200.