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HDFC BANK

HDFC Bank Outlook for the Week (Jun 13, 2022 – Jun 17, 2022)

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HDFCBANK Weekly Outlook and Analysis:

For the Week: (Jun 13, 2022 – Jun 17, 2022)

HDFC Bank Outlook for the Week (Jun 13, 2022 – Jun 17, 2022)

Check HDFCBANK Full Analysis At Unicorn Signals

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

HDFC Bank Share Price: 1351.10 (NSE)

HDFC Bank closed the Week on Negative note losing 2.12%

Weekly High: 1387

Weekly Low: 1343.60

Weekly Range: 43.40 Points

Weekly Support & Resistance For HDFC Bank:

RESISTANCE 21404
RESISTANCE 11377
SUPPORT 11333
SUPPORT 21316
HDFC Bank Outlook for the Week (Jun 13, 2022 – Jun 17, 2022)

Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 1333 levels, Minor resistance on the upside is capped around 1377 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 @1316  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 @1404

Stock is trading below 200 days exponential moving average, suggests long term trend is bearish. EquityPandit’s Predicts Range for the Weekly as 1404 on upside and 1316 on downside.

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