HDFC Bank Outlook for the Week (June 29, 2020 – July 03, 2020)

EquityPandits Outlook for HDFC Bank for the week (June 29, 2020– July 03, 2020):.

BSE: 500180

Week Low: 1007.

Stock closed the week on favorable note acquiring 2.23%.

Week High: 1063.

Week Range: 56 Points.

HDFC Bank Ltd

SUPPORT 1.
1021.

Stock is trading below 200 days rapid moving average, recommends long term trend is bearish. EquityPandits Predicts Range for the week as 1119 on benefit and 969 on downside

If stock breaches minor assistance on the downside and closes listed below it we may see fresh break down and stock can drag towards Major Support on lower side @ 969 and If stock breaches minor resistance on the advantage and closes above it we might see fresh breakout and stock can head towards Major Resistances Level @ 1119.

SUPPORT 2.
986.

RESISTANCE 2.
1098.

WEEKLY PIVOT LEVELS:.

RESISTANCE 1.
1077.

HDFC BankHDFC Bank OutlookHDFC Bank Stock Movement.

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SECTOR: BANKS.

. Technically on the day-to-day charts EquityPandits Analyst see: Minor support on the downside lies at 1007 levels, Minor resistance on the advantage is capped around 1082 levels.