Chart of the Month. HDFC Ltd. (29/10/21)

HDFC Ltd has give a up flag brekout on its monthly charts. After consolidating for 9 months and correcting 20% from its all time high, stock has given a clear breakout. This company is fundamentally very good and has a weightage of around 8% in nifty. If you want to invest in long term in a good stock, this is one of the best picks.

Target - 3800 Monthly and weekly
SL - 2550 M
View - Medium to long term.