IIT-Trader

HDFCBANK Analysis

NSE:HDFCBANK   HDFC BANK
price broken the bearish trendline, while breaking the trendline price leaves a demand zone on bottom side.
so wait until price test the demand zone and go for long entry in HDFCBANK.
Mark the targets on topside every intersection points to the trendline.

If price breaks the bottom side demand zones, by consolidating between the demand and support zone price will breaks the support.
so until it breaks the demand zone look for long side.

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