HDFC Bank: (Long) Entry-1384 Stop-loss-1362 Target-1513

Foundation: HDFC Bank is one of the flagship companies of India and has been considered as one of the few institution of national importance by Govt. of India. It is also one of the leading private bank in the country.
Technical:
1. If we use Anchored VWAP(@23-03-2020) on weekly timeframe on the price chart of this stock, we will notice that price took support of it on 13-06-2022 and bounced back to continue its uptrend. Now, if you look the chart on weekly time frame, it has formed a bullish hammer candlestick on this VWAP, from which it is expected to take support.
2. Now, when we zero down to 30min. timeframe the stock has started the formation of higher highs and higher lows which is a good sign for reversal.
3. I am expecting price of the stock to take a deep pull back and then reverse for good and continue it's uptrend.
For Swing, target could be as per risk:reward
For Investment, target could be 1513, 1660, 1811, 1903