Kshitij_008

HDFC - The Saviour - Is it??

NSE:HDFC   None
After the current rout in all the stocks, people are flocking to buy the HDFC twins, but believe me we are not out of the woods.
As per the charts, there is a strong support around 1350/1400, so firstly we wait for these levels to come & then wait some more so that it consolidates at these levels & after that take a decision whether to buy it or wait again.
So ideally HDFC is not a buy as of now

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.