Science Backed by Data :HDFCBANK

HDFC BANK HDFCBANK has completed its move from 2 years and starting on new wave 1. Keep buying for higher targets of 1842 & 1992(in long term). We may see wave 2 correction after some time, that should be the used as accumulation opportunity. As a immediate SL, you can use 1600 on closing basis which is value area low for today.
Chart PatternsElliott WaveWave Analysis

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