HDFC is currently trading at 3069.95
The fact i am telling to sell is because the up side of this script is not much maximum it can go upto 3120 which is just 50 points plus but more tha 90% chances of this script is doing downside from here.the Its high time for HDFC at this price as its already closing its 52weeek high which is 3139 and i really doubt its going to even cross that one. I a expecting HDFC to come upto 2900 levels in days ahead to come.
I would say sell for 1 week time frame becasue target expected is around 2900,the lot size of HDFC is 125 try to sell the future because thats where you can earn more profits.
immediate target is 3000, followed by 2950,2900
Time frame :-1 week
cheers
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Mahindra & Mahindra extended gains to over 4 percent after brokerage houses remained positive, advising buy.capitalstars
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