Hey all, as we can see i draw meaningful trendline and arrows which is indicating the upcoming moves of hdfcbank stock price. understand the chart and chase the moment.
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Bullish view- we can see breakout above 1400-1410 and further upside move can reach around 1520 there are some kind of immediate resistance around 1440-1450 if price will able to break that level then stock will be fly for 1520-1550.
Bearish view - Price can reverse around by immediate resist which is 1410 and can see reversal for the next immediate support which is 1370 if price break this support we can see more breakdown for next support which is 1340.
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Bearish view - Price can reverse around by immediate resist which is 1410 and can see reversal for the next immediate support which is 1370 if price break this support we can see more breakdown for next support which is 1340.