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HDFCBANK at great price to accumulate
HDFC BANK LTD
Long
HDFCBANK at great price to accumulate
By Manabala
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Aug 17, 2023
5
Aug 17, 2023
HDFCBANK price is trading at below 200 SMA and available at a demand zone in SMC strategy.
Stock has not given any significant returns after doubling its profits and revenues and is in consolidation at a range since last 2 year.
Short term target is next resistance line. Mostly it should give much more run up with Nifty making new highs.
Chart Patterns
Fundamental Analysis
Trend Analysis
Manabala
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