I think HDFCBANK has topped in a medium term. There are many things aligning up and all say that HDFCBANK's top is in.
The RSI has divergennce, There is a long term trendline acting as a resistance. Also in the shorter term there is resistance as well.
The chart is very clear and speaks for itself.
CMP: 1296.7
Stop loss: 1318
DATE: DECEMBER 22, 2019
Your trades are your own sound decision. I'm not responsible for them.
DATE: DECEMBER 22, 2019
The RSI has divergennce, There is a long term trendline acting as a resistance. Also in the shorter term there is resistance as well.
The chart is very clear and speaks for itself.
CMP: 1296.7
Stop loss: 1318
DATE: DECEMBER 22, 2019
Your trades are your own sound decision. I'm not responsible for them.
DATE: DECEMBER 22, 2019