HDFC Bank Ltd. - Can 68.1% FIBO LEVEL save HDFC from the fall?
HDFC Bank Ltd.
The stock is in moving in a downtrend from last 3 weeks.
RSI & MACD looks bearish. Time-Trend Indicators are BEARISH in Daily & MONTHLY.
From the swing low (810) we saw a upward pullback from 846 (61.8% FIBONACCI pullback) that is still acting as a strong support.
Staying above 846, it may go to 909 (mid bollinger band).
Below (810-795) levels, it may fall towards 24 March low of 739.
KEEP AN EYE !! #B-
The stock is in moving in a downtrend from last 3 weeks.
RSI & MACD looks bearish. Time-Trend Indicators are BEARISH in Daily & MONTHLY.
From the swing low (810) we saw a upward pullback from 846 (61.8% FIBONACCI pullback) that is still acting as a strong support.
Staying above 846, it may go to 909 (mid bollinger band).
Below (810-795) levels, it may fall towards 24 March low of 739.
KEEP AN EYE !! #B-
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Garey
Whatsapp - +91 9999 504 500
Garey
Whatsapp - +91 9999 504 500
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