Forwarded from Fast Profits Daily
HDFC leading Nifty to 18,000 🔥
HDFC Ltd has hit a 52-week high surpassing the historic day high of 4th April 2022.
On the ratio chart of HDFC/Nifty50, the trendline breakout indicates an outperformance of HDFC over Nifty50.
If the ratio continues to head higher, it will lead Nifty towards the 18,000 mark.
HDFC Ltd weighs ~6% in the Nifty50 index.
#Nifty
#HDFC
#KeepItSimple
HDFC Ltd has hit a 52-week high surpassing the historic day high of 4th April 2022.
On the ratio chart of HDFC/Nifty50, the trendline breakout indicates an outperformance of HDFC over Nifty50.
If the ratio continues to head higher, it will lead Nifty towards the 18,000 mark.
HDFC Ltd weighs ~6% in the Nifty50 index.
#Nifty
#HDFC
#KeepItSimple
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