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HDFC: Long term investment Idea

Long
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NSE:HDFC   None
Trend Analysis Support and Resistance Triangle HDFC hdfcltd stockmarketanalysis stockmarkets stockmarkettrading
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trendanalysis supportandresistance triangle hdfc hdfcltd stockmarketanalysis stockmarkets stockmarkettrading
Broadening formation on weekly chart. Bullish above 2785. Remain in buy position whenever the stock trade above the level of 2785. Above that level it will be considered as breakout of a broadening formation. Below 2785 a short term correction cannot be ruled out.
Manish Bhardwaj (CMT L-1)
Analyst & Co-Founder
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