manuagarwal21

HDFCBANK bounced from Bat Pattern przt

Long
NSE:HDFCBANK   HDFC BANK
Hdfcbank hourly chart has bat pattern formation and prices did bounce from its prz area, hence if it holds these support levels, we might see prices going upwards in the near term towards 1500 levels.

The stock would be very bullish above 1500 levels.

The entire analysis would be negated below 1450 levels and would need analysis revision.

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