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jatin_agarwal

HDFC Bank at Major Support Levels

HDFC BANK (NSE:HDFCBANK)  
jatin_agarwal  
NSE:HDFCBANK   HDFC BANK
Trend Analysis Chart Patterns Technical Indicators HDFC HDFCBANK hdfcbankanalysis thebullofdalalstreet
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trendanalysis chartpattern indicator hdfc hdfcbank hdfcbankanalysis thebullofdalalstreet
HDFCBANK has been hammered by the markets and is currently taking support at 200 Weekly EMA. This level has been touched or breached by the bank only thrice before today in more than 2 decades. This is certainly challenging for the bank and while it looks oversold, I would only buy above the current resistance of ~1700+ as this level has been a very strong resistance. Do not ignore technicals.
Jatin Agarwal
Founder and CIO at MoneyCraft (SEBI RIA)
Creator at The Bull of Dalal Street (YouTube Channel)
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