KP_77

HDFC BANK

Long
KP_77 Updated   
NSE:HDFCBANK   HDFC BANK
HDFC BANK
The BANKNIFTY's strongest bank and heaviest bank. Almost 4% increase following an almost 10% correction from the high. I noticed that the 1600, 1647, and 1683 resistance levels had a lot of volume created and were already making a positive retracement, so I think that if they were to cross the 1635–40 level, they may be ideal candidates for rewards. I believe it might reach the 1650, 1700, or 1750 level.

This is solely being done for educational purposes.

It is not suggested.

I am not an investment advisor.

Before making an investment, kindly consult your expert.
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Comment:
I think the bank is solid, and over the past several days, it has been stable. Right now, it might move in the right direction, so it might gather some quantity and hold for a significant upmove.
Comment:
1651, Yes its take some time but, if anybody hold it get some reward....
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