HDFC Bank Ltd. - WEEKLY VIEW

HDFC Bank Ltd. - WEEKLY VIEW

The Stock is trading above the previous week high and near the resistance level.

Technical Indicators - MACD bullish crossover. RSI rising upward.

Nearby resistance is 1017. If the price closes above 1017 level, the next respectable resistance is 50 day SMA(1135) and the support is 826 on weekly chart.

KEEP AN EYE!! #B+

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