HDFCBANK is super heavy weight in banknifty index ,Mostly this stock move
gets replicated in index.
Lets see its wave structure.
The stock looks to be in 3rd wave of the move started from sub 1900 levels ,Currently 3rd of 3 looks
ending and 4th of 3rd happening ,Any correction which happens looks like would be bought into for a new high again .Look for dip to add into.The stock still has got steam to scale new highs.
Lets see how this stock behaves in coming days .
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