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HDFC BANK

HDFC Bank Outlook for the Week (Aug 29, 2022 – Sept 02, 2022)

Check HDFC BANK Full Analysis At Unicorn Signals

HDFCBANK Weekly Outlook and Analysis:

For the Week: (Aug 29, 2022 – Sept 02, 2022)

HDFC Bank Outlook for the Week (Aug 29, 2022 – Sept 02, 2022)

Check HDFCBANK Full Analysis At Unicorn Signals

BSE: 500180| NSE: HDFCBANK| ISIN: INE040A01026| SECTOR: BANKS

HDFC Bank Share Price: 1465.10 (NSE)

HDFC Bank closed the Week on Negative Note Losing 1.87%

Weekly High: 1488.35

Weekly Low: 1450.40

Weekly Range: 37.95 Point

Weekly Support & Resistance For HDFC Bank:

RESISTANCE 21505
RESISTANCE 11485
SUPPORT 11447
SUPPORT 21430
HDFC Bank Outlook for the Week (Aug 29, 2022 – Sept 02, 2022)

Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 1447 levels, Minor resistance on the upside is capped around 1485 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 @1430  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 @1505

Stock is trading below 200 days exponential moving average, suggests long term trend is bearish. EquityPandit’s Predicts Range for the Weekly as 1505 on upside and 1430 on downside.

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