HDFC BANK LTDLong
HDFC BANK 1420 CE
As per recent developements in the HDFC bank, mutual fund houses bought approx
8 % equity in Jan and Feb and management of HDFC bank will hold special meet on 19 Feb 2024 for future growth prespective, so keeping in view of the above mentioned factors, the following can be considered :-
1. Buy 1420 CE Feb expiry @ 29 with 1400 PE FEB expiry @ 14.
Or
2. Buy CE 1460 Feb expiry @ 13.
- There is strong commentary can be expected from HDFC bank, so overall bullish stance can be considered.
- Sharp price action can be seen on Monday in HDFC bank upto 1500 levels, downside is limited.
8 % equity in Jan and Feb and management of HDFC bank will hold special meet on 19 Feb 2024 for future growth prespective, so keeping in view of the above mentioned factors, the following can be considered :-
1. Buy 1420 CE Feb expiry @ 29 with 1400 PE FEB expiry @ 14.
Or
2. Buy CE 1460 Feb expiry @ 13.
- There is strong commentary can be expected from HDFC bank, so overall bullish stance can be considered.
- Sharp price action can be seen on Monday in HDFC bank upto 1500 levels, downside is limited.
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