HDFC is on it's highest ever profit, revenue but the stock has been trading near these levels for the last 4.5-5 years. Recently after, It's accumulation by MSCI Emerging Markets Index has breeched it's ATH. The Stock might see a reversal from the prev. ATH. Fib shows a great level to accumulate at CMP 1784, there might and should be a further pull back till...
The Stock has been in a regression trend, despite increasing revenue, highest ever profits, healthy ROE, Minimal Debt to Equity, Lower than Median P/E and Industry P/E. A Heavy Bullk buying has happened recently, which might continue further going forward. Short Term Target: 950-960 with a support at 810-820 Long term target would be ATH Safe Investing!!