Weekend Idea 1: HDFC Bank rising from the bottom, can blossom.
HDFC Bank Ltd. is engaged in providing a range of banking and financial services including retail banking, wholesale banking and treasury operations. It is one of the top banks in the country. HDFC Bank Ltd CMP is 1532.10.
The Positive aspects of the company are Low debt, zero promoter pledge, FIIs increasing stake, MFs increasing stake, improving annual net profit, and Improving cash from operations annually.
Entry can be taken after closing above 1536. Targets in the stock will be 1605, 1641 and 1675. The long-term target in the stock will be 1719 and 1758. Stop loss in the stock should be maintained at Closing below 1400.
The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
The Positive aspects of the company are Low debt, zero promoter pledge, FIIs increasing stake, MFs increasing stake, improving annual net profit, and Improving cash from operations annually.
Entry can be taken after closing above 1536. Targets in the stock will be 1605, 1641 and 1675. The long-term target in the stock will be 1719 and 1758. Stop loss in the stock should be maintained at Closing below 1400.
The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
Happy Candles Investment
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