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Check HDFC Bank Full Analysis At Unicorn Signals
HDFC Bank Weekly Outlook and Analysis:
For the Week: (July 10, 2023 – July 14, 2023)
HDFC Bank Outlook for the Week for the Week (July 10, 2023 – July 14, 2023)
BSE: 500180| NSE: HDFCBANK| ISIN: INE040A01026| SECTOR: BANKS
HDFC Bank Share Price: 1660.40 (NSE)
HDFC Bank closed the Week on Negative Note losing 2.41%
Weekly High: 1757.50
Weekly Low: 1656.30
Weekly Range: 101.20 Points
Weekly Support & Resistance For Nifty Media:
| RESISTANCE 2 | 1793 |
| RESISTANCE 1 | 1727 |
| SUPPORT 1 | 1625 |
| SUPPORT 2 | 1590 |
Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 1625 levels, Minor resistance on the upside is capped around 1727 levels.
If stock breaches minor support on the downside and closes below it we may see fresh break down and stock can drag towards Major Support on lower side @1590 and If stock breaches minor resistance on the upside and closes above it we may see fresh breakout and stock can head towards Major Resistances Level @1793
Stock is trading above 200 days exponential moving average, suggests long term trend is bullish. EquityPandit’s Predicts Range for the Weekly as 1793 on upside and 1590 on downside.
