HDFCBANK
Hello all!
HDFC Bank has been trading in a channel since the covid crash. It's now on the lower channel trendline again which makes a good opportunity to go long because the stop loss will be very minimal.
Also, the stock is between its 50% and 61.8% Fib Level and is trading in a very important zone which acted as a strong resistance earlier and should now act as a good support
Do let me know your views on this!
HAPPY TRADING!
*NOT A CALL*