WillingTraders

HDFC Bank big Breakout

Long
NSE:HDFCBANK   HDFC BANK
HDFC bank has just given a breakout from it's double bottom pattern. But volume and Rsi indicates lower strength so we might se pullback tomorrow and that should be taken as an opportunity to enter in this golden stock
Buy at 1645-1650
Targets 1700,1780
SL 1600
Long term 1800 2000
(No SL)


HDFC bank is one the most fundamentally strong company and with its upcoming plans o expanding in rural areas makes it one of the best long term bet.
For short Targets duration is 3-4 weeks
and for Long term targets 1-2 years