HDFCBANK 15th June 2021

HDFCBANK showed a double top pattern (highlighted in pink circles) and 1478.75 looks like a good support level for the stock. Bullish engulfing pattern seen during last 3 hours of yesterday's trade ( 14th June) coupled wit RSI in acceptable zone. This is confirming headroom available for higher price. Hence recommending long position ( Entry : 1478-80 levels, Exit : 1500 Level)