HDFC Bank Oversold with Strong Support Levels
Topic Statement: HDFC Bank's 3% QoQ profit growth has been overshadowed by its oversold stock price, which is under the 180-day moving average but has found strong support at the 50% retracement level and the critical ₹1600 mark.
Key Points:
1. Reported a profit growth of 3% QoQ.
2. Price has received decisive support at the 50% retracement level.
3. The price point of ₹1600 is a critical support level.
4. Stock is trading below the 180-day moving average, making it oversold.
Key Points:
1. Reported a profit growth of 3% QoQ.
2. Price has received decisive support at the 50% retracement level.
3. The price point of ₹1600 is a critical support level.
4. Stock is trading below the 180-day moving average, making it oversold.
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。