HDFC BANK IS FORMING AN INVERTED H&S WITH NECK LINE AT 2275.
IF IT TRADES ABOVE THIS LEVEL, THEN NEXT TARGETS ARE 2300 / 2320.
IF THERE IS REACTION DUE TO ALTICO EPISODE (EXPOSURE TO HDFC Bank has the maximum exposure at Rs 500 crore), THEN THE SUPPORT SHOULD EMERGE AT 2200.
IF IT TRADES ABOVE THIS LEVEL, THEN NEXT TARGETS ARE 2300 / 2320.
IF THERE IS REACTION DUE TO ALTICO EPISODE (EXPOSURE TO HDFC Bank has the maximum exposure at Rs 500 crore), THEN THE SUPPORT SHOULD EMERGE AT 2200.