HDFC Ltd: A good buy at support levels
Updated
HDFC Ltd is currently trading at its 3rd support zone and is quite attractive now.
The entry can be done around 2370-2350. The results are still awaited and as we know the interest rates on house loan have been slashed majorly by RBI hence this stock has edge over other competitors.
One can consider a target of 2600-2650 levels in medium to long term gain against an SL of 2000 on daily closing basis.
DISC: This is not buying or selling advice, please consider your financial advisor before making any trade decision.
The entry can be done around 2370-2350. The results are still awaited and as we know the interest rates on house loan have been slashed majorly by RBI hence this stock has edge over other competitors.
One can consider a target of 2600-2650 levels in medium to long term gain against an SL of 2000 on daily closing basis.
DISC: This is not buying or selling advice, please consider your financial advisor before making any trade decision.
Note
3.15% up in intraday. Modify the SL to 2400 Levels now to make sure there are no loss at all.Note
4.4% up now and Shifting the SL to 2450 Levels. So 80 points in a day.Note
Kindly book 50% here at levels of 2530 (150 points so far). Rest shift the SL to level of 2480.Note
8% up in just one day. SL can be shifted now to 2520 Levels. Can wait for results and then we can expect another move in this.
Trade closed: target reached
Target Level of 2600 reached. Bang on targets from support levels. Closing this trade.
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