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HDFCBANK Long Term Outlook

HDFC BANK (NSE:HDFCBANK)  
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NSE:HDFCBANK   HDFC BANK
Trend Analysis Technical Indicators Beyond Technical Analysis HDFCBANK hdfcbankanalysis hdfcbankshort hdfcbankforecast hdfcbanklongtermview hdfcbanklongtermanalysis hdfcbankidea
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trendanalysis indicator beyondta hdfcbank hdfcbankanalysis hdfcbankshort hdfcbankforecast hdfcbanklongtermview hdfcbanklongtermanalysis hdfcbankidea
HDFC Bank is currently trading at support zone and the trend is turning to bearish.

From the 200 Weekly MA HDFCBANK made a pullback, from this level few days or weeks of range bound distribution phase can be seen, RSI is below 30 and price is below the Ichimoku Cloud and it is turning to bearish, Alligator is bearish.

If one or two weekly candle closes below the 200 Weekly MA we will see then the price will go to near 550-650 zone in long term.



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