HDFC BANK LTD
Long

HDFCBANK Long Term Analysis

421
We expect that the price will increase. After neckline of inverse head & shoulders, the price have started to increase as expected. RSI is overbought therefore we expect the price to pull back and test the support which would be our entry for long,

Moreover, Gator shows us that the price will increase.

Stop loss below the neckline of the pattern.

The target level is shown in the chart.

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