HDFC Bank demonstrated its potential last month by regaining its previous high levels. Currently, it is retracing to previous highs, indicating a confirmed buy zone. The buying levels are indicated on the chart. It is anticipated to begin a rally towards the 1900 target from this point. Investments are generally safe when made at the correct buying levels. By buying and holding for 1-2 months, returns of 18-20% are expected.
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.