HanishT

HDFC Ltd

Long
HanishT Updated   
NSE:HDFC   None
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
Comment:
HDFC - Made high of 2534 today. Can book some profit and continue holding for further targets of 2550/2700/2750/2850
Comment:
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.
Comment:
2617 is a strong resistance area. We can expect next targets once closing above it.
Comment:
Finally has broken and sustaining 2617 levels. Can trail the stop loss to 2600 and hold for fresh upside.
Comment:
2770 high so far and three targets done. Hold for more upside.

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