In technical analysis, a supply zone is an area on the price chart where selling pressure has historically been strong, often leading to a reversal or resistance level. For HDFC Bank, identifying a supply zone can help traders anticipate potential price rejections or reversals.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.