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bishnu.p.basyal

HDFC Bank may reach 2600-2800 over a period of next one year.

HDFC BANK (NSE:HDFCBANK)  
bishnu.p.basyal  
NSE:HDFCBANK   HDFC BANK
Trend Analysis Chart Patterns Wave Analysis
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The largest merger agreement in India to date, between HDFC and HDFC bank, has piqued the interest of Indian investors. Whenever there is news about a merger, prices peak in the near term and then recover. So, for the time being, it is extremely possible to halt current progress and retrace to 1600 before rising to 2600-2800 during the next year.

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