Stock Radar: HDFC Bank makes a U-turn after retesting July highs. Should you buy the dip in October?
HDFC Bank Ltd, a major private sector bank, faced selling pressure after a breakout in September 2024. Despite reaching an intraday high of Rs 1787.90, it remains above crucial support levels. Experts suggest short-term traders consider buying for a potential rebound toward July highs. The stock's performance aligns with market volatility.