Diwali Technical Pick 2024 : Buy HDFC Bank Ltd For Target Rs. 1550 - Nirmal Bang Ltd
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HDFC Bank Ltd
* The Stock has given breakout of a Cup and Handle pattern on monthly chart.
* The volumes have increased recently adding to the breakout pattern. • Positive MACD Crossover is seen on the weekly charts.
* Stock is well placed above all the important moving averages.
* Therefore, investors can buy the stock at 1735 and on dips to Rs 1650 for a target of Rs 2280 with a strict stop loss placed below Rs 1550
Buy HDFC Bank Ltd CMP 1735 Add On 1650 SL 2280 Target 1550
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