Long

HDFC Ltd

Updated

HDFC Ltd - Cmp 2415

Looks good to long with SL 2360 on closing basis.

Reason:
Bullish divergence.
Favorable risk reward as close to support area

Note

HDFC - Made high of 2534 today. Can book some profit and continue holding for further targets of 2550/2700/2750/2850

Note

Late update
HDFC - 1st target achieved on 29th Apr. Made high of 2628. Continue holding and buy on dips with the SL 2360 for remaining targets.

Note

2617 is a strong resistance area. We can expect next targets once closing above it.

Note

Finally has broken and sustaining 2617 levels. Can trail the stop loss to 2600 and hold for fresh upside.

Note

2770 high so far and three targets done. Hold for more upside.

HanishT

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