HDFCBANK

[Murtaza Attari-1700896111013]

HDFCBANK 0.25X3X1min chart - Stock has not followed through after 2nd TBS - which is one good thing, then made a positive pattern DTB and now at/near to resistance of 45 deg TL - cmp 1421F, TL at 1430F

Any move above 1430F would enable to stock to move to horizontal resistance and upper 45 deg TL resistance between 1480-1490 Futs levels

One can also look on EOD charts with Fib ratio retracement, if i remember correctly 23.8% is at 1468F and 38% at 1514F

So in general its confluence of values as KK @Krishna-Kumar says all roads lead to rome --- keeping that in mind, play to buy the dips or trail along till tgts hit or stomach full ....