MTECHTIPS:- HDFC

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MTECHTIPS:-    HDFC:-       HDFC is in HOLD LONG position In short term share is in strong up trend so hold with stop at 1862 The HDFC is now trading is approaching overbought level. The HDFC is now trading is approaching overbought level. The oscillator is on SELL signal and share is coming down from overbought level.The short term buy signal is only supported by 25 % indicators.
Intraday trend-Buy is advised above 1881.8 with a stop at 1845.2 Below 1835.6 go for sell with stop at 1872.1 The intraday signal is SELL and it is supported by 78 % indicators. 

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