anuragcoma15

HDFC - A beaten-down stock!

NSE:HDFCBANK   HDFC BANK
This is not a fundamental or technical analysis.
This monthly chart of HDFC Bank shows that its a rare event for HDFC Bank to close below Ichimoku cloud top. Whenever HDFC Bank has happened in last 15 years, it has been followed with a few months of green candles.
Make your call. Buy or Hold!

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.