It was but obvious that hdfc bank on thursday will see long built-up heading into the event
numbers were good but i am not sharing the view based on technical levels
there is a double bottom breakout on weekly charts
indicating a move towards 1800-1900
now since there was huge accumulation on the thursday
we can see some profit booking today after result play is over we may cover
HDFC BANK BUY ON RESTEST OF BREAKOUT LEVELS
BUY@1650-1660
STOP@1600
TARGET@1750-1800-1875
PLEASE NOTE:-
target will be revised further based on weekly action
stay tuned for further update
numbers were good but i am not sharing the view based on technical levels
there is a double bottom breakout on weekly charts
indicating a move towards 1800-1900
now since there was huge accumulation on the thursday
we can see some profit booking today after result play is over we may cover
HDFC BANK BUY ON RESTEST OF BREAKOUT LEVELS
BUY@1650-1660
STOP@1600
TARGET@1750-1800-1875
PLEASE NOTE:-
target will be revised further based on weekly action
stay tuned for further update
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*future calls
*option trading (buying)
*index trading (options and futures)
*index update and oi analysis
t.me/tradersmojo