HDFC Bank Share Price at a Crossroads. Buy, Sell, or Hold?
The stock is currently trading at a do-or-die level of Rs 1,500 on the weekly chart, as multiple technical parameters signal the last chance for bulls.
What Next for HDFC Bank?
Here’s an extract…
The stock price of HDFC Bank, one of India’s leading financial institutions, has been dragging the Nifty50 index lower.
With a weightage of approximately 13% the stock has witnessed a correction of over 5% this week. This makes it a major drag on the Nifty as well as the Bank Nifty index.
Intraday Stockbusters - chart - 174040027