Tech Pick: Buy HDFC Bank Stock For Medium Term Gains With Risk Reward Ratio

Buy HDFC Bank with the target price of Rs. 1,655, says Prabhudas Lilladher in the latest technical report. The brokerage firm's report says the stock is in a good position according to the technical analysis and has more potential for strong upside momentum.

As per the brokerage firm report, the stock is on a good uptrend for past 2 months and is looking to continue on the uptrend for more than 8% from the current market price.

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Here is the breakdown of the latest report of Prabhudas Lilladher on HDFC Bank.

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