HDFC BANK SELL Target 1300 | 1260
#HDFCBANK has tried to breach its long term trend line four out of five times now and haven't been able to close above it.
Price action on 15 minutes chart clearly shows distribution at higher prices. RSI has fallen below 70. It's ready to retrace and test levels of 1300 (to take support at its covid period rising wedge) and even 1260 (retest previous high)
Price action on 15 minutes chart clearly shows distribution at higher prices. RSI has fallen below 70. It's ready to retrace and test levels of 1300 (to take support at its covid period rising wedge) and even 1260 (retest previous high)
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