As a macro view, its pending upside 5th cycle value is 3949. (refer attached image)
The gap between current market price 1701 & its active Gann level 3949 (5th cycle level) is attractive. But as per astrology this sector’s stocks should face trouble in 2025. Due to this reason, I would prefer entering in this stock at 1250-1116 Gann levels.
In worst scenario, if any crash like situation comes then I would again add it at 881 Gann level. We would be very very luck if it happens. The reason is from 881 to its active 5th cycle gap will become 367%! And that can be a really very good investment opportunity in HDFC Bank Ltd.
Note: It is only a long-term prediction. Kindly do not participate in futures & options as per this analysis.
Link of Predictions on Nifty 50 & all 50 stocks belonging it is given below
Nifty 50
Reliance Industries
ICICI Bank Ltd
To make such prediction using WD Gann Theory Techniques, you need to learn my Gann Theory Course.
Disclaimer: I am not a S.E.B.I. registered advisor. This website is purely for training and educational purposes. I shall not be responsible for your profit or loss. Please confirm with your investment advisor before making any investment decisions.