Amidst the broader market volatility, HDFC Bank among the large cap has formed a flat base consolidation with price nearing breakout zone on a weekly timeframe.
Ideal to keep a close watch on this stock.
The stock price is trading above the 30 weekly moving average.
An up-move could be seen if it breaks out above 1800.
Stop loss at 5-8% is ideal.
Target: Initial target 20-25% for positional trade. Post that, trailing stop loss at higher level.
Note: Not a buy/sell recommendation. Please consult your advisor.
Ideal to keep a close watch on this stock.
The stock price is trading above the 30 weekly moving average.
An up-move could be seen if it breaks out above 1800.
Stop loss at 5-8% is ideal.
Target: Initial target 20-25% for positional trade. Post that, trailing stop loss at higher level.
Note: Not a buy/sell recommendation. Please consult your advisor.
Exención de responsabilidad
La información y las publicaciones no pretenden ser, ni constituyen, asesoramiento o recomendaciones financieras, de inversión, de trading o de otro tipo proporcionadas o respaldadas por TradingView. Más información en Condiciones de uso.
Exención de responsabilidad
La información y las publicaciones no pretenden ser, ni constituyen, asesoramiento o recomendaciones financieras, de inversión, de trading o de otro tipo proporcionadas o respaldadas por TradingView. Más información en Condiciones de uso.