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.

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#HDFC
#KeepItSimple