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 1875.5 or hold with stop at 1787.6 The next resistance will be at 1856.55 The oscillator is showing BUY signal .The short term buy signal is supported by 75 % indicators.
Intraday trend-Buy is advised only above 1875.5 with a stop at 1836.6 Below 1826.2 go for sell and put stop at 1865 The intraday signal is BUY and it is supported by 78 % indicators.