HDFC

After breaking the 4 years best fit channel the stock has made a low of 1470 . Holding this level of 1470 unto 3 weeks, the stock has given a green closing on the weekly chart , indicating a retracement move. As per the short term , there is an EVE & ADAM Double bottom formation going on the charts. One should buy the stock if the neckline of 1800 would break for a target zone of 2000-2100 on a first glance.