HDFCBANK
BANKNIFTY
Disclaimer: All the given analysis is not an Investment / Financial Advice. These levels and analysis is for educational purposes.
We have seen Some bearish movement in the past session, and currently HDFC BANK is Trading near Important level.
I have tried to mark all the important level for the month of August as well as for the year for HDFC BANK .
I will Share this Idea In two timeframes 1st being the 1 HOUR timeframe which will be useful in the Monthly analysis and 2nd I will share this Idea using daily timeframe for Yearly analysis.
Since market movements are based on calculated Probability so we have to be prepared for all the moves whether its bullish or Bearish.
My view for this year is on the Bullish side but in order to be bullish it need to respect the support level .
I will try to keep these levels updated here and in MINDS section. So stay subscribed to get the notification of the updates quickly.
Comment:
Updated some intraday levels in the minds section do check their.
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Price is trading near to rejection trendline that i posed in minds section.
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Price reached its first short target.
Trade active
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Thats all for the week folks..Comment and share your thoughts for this week.Do subscribe to get the updated level on time as well as to get notified when i post important update in MINDS section.DO give it a boost if you like the analysis it will keep me motivated. Happy weekends.