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HDFC Bank Negative divergence

HDFC BANK (NSE:HDFCBANK)  
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NSE:HDFCBANK   HDFC BANK
Trend Analysis Technical Indicators
2
0
trendanalysis indicator
Negative divergence; four crests in price matched by lower crests in RSI. RSI is now near to equilibrium level (52) raising the prospect of a deeper correction.Up trendline is already broken. Targets: 1770/ 1710 / 1608
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