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shikhagupta2589
Jul 22, 2020 7:43 PM

Best time to enter HDFC Bank. Long

HDFC BANKNSE

Description

HDFC Bank would be the best investment of your all trades in past and this year at this time.

Positional Traders:
Buy at whatever price. Targets: 1200 within 10 days, 1300 in a month, 1400 in a quarter and 1600 by year end.

Intraday traders:
Upwards movement - Entry/Buy Price: 1125-1140, Target 1166-1191-1220.
Downward movement - Despite that it would be short lived but if stock opens downwards, and breaches 1107 short it for target of 1089 -1067.

Note:- HDFC Bank will bounce back up, so traders if shorting should place cover orders (also called as bracket order).
Comments
shikhagupta2589
There is a mild weekly resistance at 1140. Once it breaches 1148, 1184 would be no far in time, which poses the next resistance as described in my very first Analysis in June.
moverayaz143
@shikhagupta2589,
What should i do now mam...my 1200 call is on 3 now ,my buying price is 6.95 .Suggest me what to do further.
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