MTECHTIPS:- HDFC:- HDFC closed above 1 week high with volume signals up breakoutCurrently HDFC is in HOLD LONG position Share is in sideways and sellers was at high so for short term better buy above 1778 or hold with stop at 1721.2 The next resistance will be at 1764.95 The oscillator is showing SELL signal.The short term buy signal is only supported by 38 % indicators.
Intraday trend-Buy is advised only above 1778 with a stop at 1750.7 Below 1744 go for sell and put stop at 1771.2 The intraday signal is BUY and it is supported by 78 % indicators.