Here's how HDFC Bank, HCL Tech, D-Mart look on charts post Q2 numbers

HCL Technologies and DMart need to make a decisive break above near term resistance levels for further up move, while HDFC Bank may rally up to Rs 2,000 provided it sustains above Rs 1,650-level.

Dmart

The on-going earnings season has been witnessing sharp reactions to stock prices basis on the Q2 earnings performance by the corporates. Here’s a quick outlook on the stocks of select companies that announced the results over the weekend.

HDFC Bank Limited (HDFCBANK) Outlook: Need to sustain above Rs 1,650 The stock recorded a new all-time high of Rs 1,725 on Monday and witnessed minor selling pressure. The overall trend is bullish with a major hurdle of Rs 1,650 being crossed recently. Going forward, sustainability above this hurdle may open the doors for Rs 2,000-mark.

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