Merger of HDFC (Finance) with HDFC Bank paved the way for other Housing Finance Companies like LIC Housing Finance and PNB Housing Finance and other peer group companies.
Performance of these companies is a function of Interest Rates, Real Estate Inventory in Metros and B Grade Towns. That is why these are subject to volatility and unpredictable Price Swings.
From Price Action perspective, PNB Housing Finance can be a good Fractal Play.
Performance of these companies is a function of Interest Rates, Real Estate Inventory in Metros and B Grade Towns. That is why these are subject to volatility and unpredictable Price Swings.
From Price Action perspective, PNB Housing Finance can be a good Fractal Play.
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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.