Attached: HDFCBANK/ NIFTY 50 Weekly Chart as of 28th April 2023
The Chart above shows Potential Underperformance lies ahead for HDFC Bank. Investors are better off Avoiding/ Exiting the Stock unless they want to Underperform the Broad Market from here onwards. No alpha is to be made by Holding on/ Buying the Stock at the Current Price
This Ratio Chart points...
dear "LONG -TERM investors" , stay cautious !
I see a good correction on cards in cigarate GIANT , ITC,
a fall can take nifty (if happens) to even below 9500 levels in one way !
lets see!