Stock of the day : HDFC Bank Ltd For Target Rs. 1785 - Religare Broking

HDFC Bank Ltd
Buy HDFC Bank Ltd CMP 1732.20 Range 1730-1735 SL 1705 Target 1785
* HDFC Bank has established a solid base at the confluence of its key moving averages.
* Additionally, it has confirmed a breakout from a descending trendline, signaling the end of its corrective phase and the start of a fresh upward move.
* Given its strong chart structure, the stock appears poised to reclaim new highs soon.
* Traders may consider accumulating the stock within the suggested range.
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