|STOP LOSS||Below 1740 (On closing basis)|
|TIME HORIZON||8-10 Days|
HDFC is started forming higher top and higher bottom formation on daily charts after huge sell off post COVID-19 situation. ADX is showing positive cross over. Also RSI is showing strength.
We are recommending strong Buy around 1772-1777 with Stop loss of below 1740 (Closing basis) for Target of 1845 in next 8-10 days.