Trading Idea : Buy HDFC Bank

HDFC Bank has broken out of a trendline or Cup & Handle pattern on the daily charts and is forming higher swing tops.

We recommend buying HDFC Bank in the 1660-1670 range, with a stop loss set below 1600 (on a closing basis) and a target of 1750 over the next 3-4 weeks.
Chart PatternsCup And HandleHDFCBANKTrend Analysis

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