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HDFC BANK near channel low

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HDFC BANK (NSE:HDFCBANK)  
mayureshk90  
NSE:HDFCBANK   HDFC BANK
Trend Analysis Chart Patterns Technical Indicators HDFCBANK channelbounce channelpatterntrading longsetup stocktrading stockoptions
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trendanalysis chartpattern indicator hdfcbank channelbounce channelpatterntrading longsetup stocktrading stockoptions
HDFC BANK near channel low

As per chart HDFC BANK is near channel Lower Band.

can we expect some Bounce Back from this lower band ?
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