HDFC had been consolidating in the range for the last two months
NSE:HDFC had been consolidating in a range for the two months. I feel initiating a buy around 2400 for a medium term target of 2800-3000. This seems healthy consolidation because I did not see any negative news for the same. So if it's able to cross 2600 levels decisively then it can rally towards 2800-3000 this time.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.