Sunday, 23 January 2022

Will HDFC shares rise tomorrow?

 Is it a good time to buy HDFC share? 

HDFCBANK is one of the leading private in India. In the coming days with an increasing interest rate, this bank has a good chance to give a good return. 

Here is a technical and basic fundamental analysis of HDFCbank with Target and Stoploss for positional trading using future and options.

 Technical analysis 

HDFCBANK is underperforming Nifty 50 for some time.  It is very close to 13 EMA and historically it is at a good level to bounce back.

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