mklives

HDFC BANK... trendline support

Educacional
NSE:HDFCBANK   HDFC BANK
HDFC BANK had a gap down today and never recovered suggesting weakness and also has closed below 100 dma.
but has closed near trendline support of the rising trendline of the rally fom october 2018..
break below the trendline can take it to 200 dma in time.. use pullbacks to sell around the fgap formed today

with HDFC Bank becoming weak, expecting bank nifty and other banks to continue the correction after a pullback

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