HDFC bank - Broken long term trendline
India's bluest of bluechip has broken what has been a trendline support.
If i were to be buying a bank i wouldn't be looking for the next HDFC when HDFC bank itself is available at lower valuations than its always been trading at.
With a slight bias that markets will still fall some more i would be really tempted to start buying between 690-660 levels for a long term horizon. No lumps buying but slow and steady SIP in 4 trenches.
If i were to be buying a bank i wouldn't be looking for the next HDFC when HDFC bank itself is available at lower valuations than its always been trading at.
With a slight bias that markets will still fall some more i would be really tempted to start buying between 690-660 levels for a long term horizon. No lumps buying but slow and steady SIP in 4 trenches.
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免責聲明
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