HDFC Bank Ltd - Intraday Analysis - 21-Jan-2021

The script has the all time high of 1511.65

20-Jan-2021 - the script has touched open 1501 which was
strong supply zone and it has taken the support at 1486
which was strong demand zone.

Today movement is a sideway.

Pivot 1,493.00
Bottom CPR 1,493.50
Top CPR 1,492.50

Tomorrow View:

if the script breaks the CPR and breaks today low 1486 which
was strong demand zone, then go for short.

Target - 1470

or

if the script breaks above the CPR and then go for Long:

Target - 1501 & 1510

Disclaimer: Kindly do your own analysis and I am not the registered SEBI Analyst.

Transakcja zamknięta: osiągnięto wyznaczony cel:

Shorted Target - Hit - 1470-1471