Chart Update : HDFC Bank & Relcapital

HDFC Bank:

Hdfc Bank is consolidating in  50 points ascending triangle. high volume breakout above 674 share can target 690 and 710 level, sl 668.  On the other hand 660 appears to be support for the share break of same will confirm valid breakdown from long term support line and will add bearishness to the counter stop loss should be again 668 for this bearish scenario. 

REL Capital:

Relcapital is consolidating in rectangle worth 80 points. Buy on high volume break of 390 for target of 400 ,420 and more with small stop loss. 

So, plan your trade accordingly.

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All the views and contents mentioned in this blog are merely for educational purposes and are not recommendations or tips offered to any person(s) with respect to the purchase or sale of the stocks / futures. I do not accept any liability/loss accruing from the use of any content from this blog. All readers of this blog must rely on their own discretion and neither any analyst nor any publisher shall be responsible for the outcome.