Hdfcbankanalysis
HDFC BANK CYCLIC DOUBLE BOTTOM IN WEEKLY TIME FRAME-BUYHI EVERYONE!
HDFC BANK CYCLIC DOUBLE BOTTOM IN WEEKLY TIME FRAME
GO FOR BUY IN SWING LOW DIPS
SL-915 BELOW 4 HR CLOSING BASIS
TARGET-1130
THANK YOU!
KEEP SUPPORTING & HAPPY TRADING
HDFCBANK Long Term OutlookHDFC Bank is currently trading at support zone and the trend is turning to bearish.
From the 200 Weekly MA HDFCBANK made a pullback, from this level few days or weeks of range bound distribution phase can be seen, RSI is below 30 and price is below the Ichimoku Cloud and it is turning to bearish, Alligator is bearish.
If one or two weekly candle closes below the 200 Weekly MA we will see then the price will go to near 550-650 zone in long term.
