technofunda_trader

HDFC Bank ready for the uptrend!đŸ€©đŸ’žđŸ”„

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NSE:HDFCBANK   HDFC BANK
Buy HDFC Bank for Positional Trading as well as InvestmentđŸ’žđŸ”„đŸ’ž
Comment your views!!!đŸ§đŸ€”đŸ§
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💡Bank’s strategic and execution focus to effectively implement project Future Ready will start yielding results, particularly in the following domains:
1) Newly identified growth engines of MSME and rural banking
2) digital marketing as another key delivery channel
3) expanding presence in semi-urban and rural markets
4) creating a new digital factory to foster innovation
5) putting in place the right talent and further strengthening its core functions to drive the project.
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Both TECHNICALLY and FUNDAMENTALLY strong stock.đŸ’ȘđŸ’Ș
The company posted the best Q3 result.
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💎@technofunda_trader⁠
Few Important rules from my Trading Philosophy:⁠
1. Buy QUALITY stock.
2. Buy RIGHT, Sit TIGHT- Only sell in loss if the fundamentals deteriorate, problems arise in management or any other similar fundamental issues.
3. Don't invest more than 5-7% in any stock & more than 25% in any particular or related sector.
4. Build position GRADUALLY as the stock RISES.
⁠5. Trade in the DIRECTION of the BIGGER trend.
6. RIDE the TREND. Don't sell your WINNERS early.
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