akumar1057

LONG HDFC Bank - Short term view ( 3-5 days)

Long
NSE:HDFCBANK   HDFC BANK
HDFC bank has broken out on RSI and looks strong for an upside to 1500+ levels.

A perfect entry as of now should be around 1390-1400 levels.

The view gets negated if the price closes below 1381.

The risk to reward ratio = 1:10

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.