Tuesday, August 3, 2010

HDFC bank trading in highly overbought zone

HDFC bank yesterday we said >>>HDFC bank trading in highly overbought zone and last candle is showing some confusion so better  to stay away from it and  it is time to book  profits ....have a look all indicators are trading at thresh hold.
result 0.7% fall 
Daily chart turned  bearish finally ...so a great downward  move is awaiting here ...have a look ..


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