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ā¢ HDFC Bank has broken its downward sloping resistance trendline and formed a bullish candlestick pattern with lower shadow on the daily scale.
ā¢ Experts expect the trend to remain in favor of bulls, with immediate support at 20,600-20,500 levels and potential for Nifty50 to reach 20,900-21,000 levels.
ā¢ Stocks that participated in Monday's bull run included Federal Bank, HDFC Bank, and ABB India.