Chart Update : Hdfc Bank

Hdfc Bank Weekly Chart:

HDFC Bank Daily Chart:

Hdfc bank is trading is very close to 3 years old trend line. Trend line support at 620 and various moving averages are standing in between 623-625.6. So it can be concluded that 625-620 will be a strong support zone for share, break of this same will be very bearish for share.  On the other hand close above 635 will add strength in the counter. 

 Risky players can attempt long with sL of 620. Conservative players wait for close above 635. Shorts can be open on breach of 620. 

Kotak Bank chart update : Click Here

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