The target of hdfc bank would be around 1630 in the span of 2 months, rational: flag pattern, volume accumulation and breaking of downtrend in the last few days.
HDFCBANK
HDFCBANKNote
New target, as per merger news the new target would be around 2200Note
Recent trends of breaking support line suggest target price of 1900 for the next yearTrade closed: stop reached
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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.