HDFC Bank shares trade near key resistance. What next after a breakout?
Wed, Nov 27, 2024 2:21 PM

HDFC Bank shares trade near key resistance. What next after a breakout?

A Flip by Avya Verma
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After scaling a new all-time high of Rs 1,810 on Tuesday, HDFC Bank shares slipped, currently hovering near the Rs 1,800 mark, which has historically been a key area of rejection for the stock when it reversed from this region on 3–4 notable occasions. This repeated rejection establishes the zone as a critical barrier for upward momentum.

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