HDFC BANK ended the day at 469 (-0.8%) after touching an intraday low of 462 on the NSE. Long term investors may note that the Stock has solid support around 450 levels. Since this correction in Banks is very likely to be the last, it may be prudent for investors to accumulate the Scrip at CMP and all dips for the long term portfolio. Risk- reward seems highly favourable at this stage. Detailed Report : http://indianstocks4u.blogspot.com/2011/08/hdfc-bank-ltd.html
THE BLOG FOR INDIAN STOCK & MUTUAL FUND INVESTORS: OPINIONS, VIEWPOINTS, STOCKS ANALYSIS STOCK QUERIES, HONEST ANSWERS et al. (KINDLY USE THE COMMENTS SPACE FREELY TO STATE YOUR STOCK QUERIES WHICH SHALL BE ANSWERED HONESTLY & PROMPTLY) DISCLAIMER: The contents of this blog are in the nature of opinions and are not to be construed as 'financial advice'.Always use your personal judgement and/or consult your qualified Financial Advisor before taking investment decisions.
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