HDFCBK bottoming out on the shorter timeframe, we can see a double bottom with the neckline at 1705, has support near 1668.
Above 1705 can go long for targets - 1715/1722/1742
Below 1668 can go short for targets- 1650/1635/1620
Above 1705 can go long for targets - 1715/1722/1742
Below 1668 can go short for targets- 1650/1635/1620
Trade geschlossen: Ziel wurde erreicht:
After failing to hold 1668-70 levels HDFCBK gave a breakdown and our first lower target has been achieved, Any close above 1668-70 should be bullish for the stock!