HDFC is at a level which was previously a resistance on weekly charts. If it breaks this trendline, we could see further downfall in H NSE:HDFC DFC.
HDFC is truly in an uptrend with huge green candles and the buying is always above the average volumes.
We can clearly see that this will be 6th time when HDFC Ltd will test its support of 1729. This will be a neck or break level for HDFC, take positions very carefully.
Entry - HDFC Ltd @ 1775 Target price - 1820, 1835, SL - 1760 Resistance around 1800 levels (Bollinger Band Double bottom method)