HDFC Bank - Going strong

Hi Friends,

Just did an analysis on identification of various levels that have acted as important support and resistance levels on HDFC Bank share price

In fundamental analysis, we always come across buy low, sell high...

How low is low.... and how high is high...

These support/ resistance lines will help in identification of various levels, respected in the past and may act as a barometer to the above identification problem

Any dip to these levels below may well be good times to accumulate the stock

Please see my other analysis on Nifty 50 and other Indian benchmarks alongside to create your view.

If I was holding this stock, I will Continue to hold and buy on dips to any of these levels.

Trust this helps

Please share a thumbs up if you like what you see and you could post your comments , that helps to get feedback

Cheers

Comment:

Resistance zone being tested, as you can see. a break above the resistance zone will give further cues or downwards breaks at various supports