MTECHTIPS:- HDFCBANK:- HDFCBANK closed above 1 week high with volume signals up breakoutCurrently HDFCBANK is in HOLD LONG position Share is in sideways and sellers was at high so for short term better buy above 1804.2 or hold with stop at 1738.0 The next resistance will be at 1790.0 The oscillator is showing BUY signal .The short term buy signal is supported by 75 % indicators.
Intraday trend-Buy is advised only above 1804.2 with a stop at 1777.6 Below 1771.1 go for sell and put stop at 1797.7 The intraday signal is BUY and it is supported by 78 % indicators.