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Sunday, March 14, 2010

HDFC

Housing Development Finance Corporation:-
500010  HDFC  Group (A) BSE data  

current price:-2715.85

I am following this stock from long time and as matter of fact i had recommended this stock for 2300 2 months back to my followers lok at it now zooming past 2700+ with target of 3000. I am not giving much technical details as why and whats the reason happening to this stock for higher side,because i feel the numbers matter the most not only talking.Just for the matter of fact this stock is zooming because FII have made huge purchase few days back.

Calls for this:- buy around 2400-2500 levels (wait for the correction)
Target :- 3000 (short term),4000-5000 long term
Duration:- 1 year -3 year

Risk factor:- HDFC has seen a very good resistance at 2300 levels so this time during correction phase its not gonna go down the same way it did last time,this time support level would be around 2400

3 comments:

Clara Mellor said...
This comment has been removed by the author.
Clara Mellor said...

look forward for reading more posts..capitalstars

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