Buy HDFC Positional

HDFCBank has made inverse head and shoulder pattern and broke out above the near term high. Its good to be on long side in HDFC positionally near CMP with a target of 2200/2220 and even higher if it breaks the all time high.

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Both targets 2200/2220 met. HDFCBank trading in open sky zone. There is no resistance whatsoever. Stock may try to test 2258/2308 in near to future term. Short squeeze and covering will take the stock even higher. Hedge it now since its already in good profit.

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Trade closed near 2235