HDFC BANK Delivery LONG

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Technically on the daily charts we see major support on the downside @ 1410 levels, whereas minor resistance on the upside is capped around 1457 level
If breaches minor resistance on the upside and closes above it, we may see fresh breakout and HDFC Bank can Lead towards higher levels around 1570/1610 levels in Short Term.

For Educational Purpose Only
Not
All Banknifty Stocks Looks good For Jan Expiry Icici Bank, Axis Bank and Sbin can be accumulated For 50% retracement of the Corrective fall.

For Educational Purpose Only
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Hdfc Bank Futures Traders Book 50% Profits @ 1528 and hold remaining 50% For 1570.

Traders With Single Lot Buy 1500 pe ( Puts) Jan And can hold the Stock Fut For further Upside

Hdfc Bank Delivery Investors Hold Stock For Budget 2022
Double Top or BottomSupply and DemandSupport and Resistance

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