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Chart of the day – HDFC Limited

HDFC Limited seems well poised to continue it’s move to the uncharted territory. The correction seems to be sideways, and in its last phases as of now. 1505 will provide a great support to the script. 1495 – 1490 are critical support levels. Dips should be utilized to enter into the stock. The momentum indicators are bullish. With the expansion of the volatility new highs are expected soon.

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