HDFC - A beaten-down stock!
This is not a fundamental or technical analysis.
This monthly chart of HDFC Bank shows that its a rare event for HDFC Bank to close below Ichimoku cloud top. Whenever HDFC Bank has happened in last 15 years, it has been followed with a few months of green candles.
Make your call. Buy or Hold!
This monthly chart of HDFC Bank shows that its a rare event for HDFC Bank to close below Ichimoku cloud top. Whenever HDFC Bank has happened in last 15 years, it has been followed with a few months of green candles.
Make your call. Buy or Hold!
Penafian
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