From 2000 to 2008, HDFC outperformed HDFC Bank. The cycle turned thereafter in the favor of Bank. Looks like it may turn again.
Housing Finance vs Banking

More from Piyush Chaudhry

Piyush Chaudhry
@piyushchaudhry

#GOLD INR anticipated path on Longer Term Charts

#ElliottWave

Piyush Chaudhry
@piyushchaudhry

When everyone got tired, Lever woke up!
New All Time High.
#HINDUNILVR

Long Term Chart of the Month. #HINDUNILVR
Sometime in the next decade I see a fair possibility of stock reaching 7000 odd.
Invalidation below Blue Trendline. #ElliottWave pic.twitter.com/uxQrzt1mbj
— Piyush Chaudhry (@piyushchaudhry) December 9, 2020

as per relative strength

One question that I often get is which of the two: #HINDUNILVR or #ITC would be a better Investment bet. While their individual charts are clear themselves, another approach is ratio chart. IMHO Lever should outperform ITC for several years going forward.https://t.co/3AFqm6FJ1Q pic.twitter.com/rLuIm8xyVw
— Piyush Chaudhry (@piyushchaudhry) December 30, 2020

Piyush Chaudhry
@piyushchaudhry

NIFTY & US 10 Year Yield have a high degree of positive directional correlation. Anyhow, they are diverging at the moment though the divergence can go on for a long period of time as well, last time around this divergence did not work well for NIFTY & it got pulled down.

US10Y going down simply implies funds moving into Bonds and with EM's broadly down from Jan Highs this adds up as well.
That makes NIFTY an outlier, with the philosophical question being for how long can we persist?

This is one of the structural perspectives, however, it all rightfully boils down to the actual NIFTY's price action and that hasn't given any severe indication yet.
Though we must stay on guard.

Piyush Chaudhry
@piyushchaudhry

Candlesticks are amazing.
One Doji signifies indecision.
Two Dojis are double the amount of indecisiveness.
However, Three Dojis are very very Decisive. #TriStar

Piyush Chaudhry
@piyushchaudhry

In candlestick patterns, two aspects are of extreme importance:
• Prior Trend: Be it a continuation/ reversal formation, the establishment of prior trend is the first part - what exactly is the candlestick pattern going to continue or potentially reverse. Is that established?

• Internal proportion of the Candles of the pattern: A Hammer’s Body:Wick ratio or 3rd Candle in a Morning Star’s dig into the first one or Piercing’s % penetration into the precious one. These internal proportions lay the foundation of probability of success of the pattern.

Reading Reference: Candlestick Charting Explained - Gregory Morris.

More from Hdfc

Gurleen
@GurleenKaur_19

HDFC Update
2715 📍

In Weekly; next in-line 2850.

In Monthly; Once ATH is taken out, A sight of 3000+ would be caught.

#StockMarket #StocksInFocus #HDFC https://t.co/VpM9Yvbq7l

#HDFC Daily and Weekly TF's

Broken past the descending trendline; A follow-up beyond '2558' would bring in 2630 initially followed by 2850.

In Monthly; Once ATH is taken out, A sight of 3000+ would be caught.

[Will open position above 2558]#StockMarket #StocksToWatch pic.twitter.com/jRukw5Yh6d
— Gurleen (@GurleenKaur_19) August 3, 2021

Techno Prince
@Trader_souradep

#HDFC has seen a flag breakout
RSI & MACD have strength
Volume is high
Sustaining above 2810 stock may move towards 2920-2930 zone
#NBFC #Nifty #Stocks #stockstowatch

Not trading call, academic chart

Himanshu Chauhan
@pahari_trader

#HDFC (D)
- Taken support over demand zone
- Bounced with volume from Support
- Trend reversal candle formed
- Buy above 2760
- Stoploss 2715
- Target 2800/2840/2880/2920+
#SwingTrade

Saket Reddy
@saketreddy

HDFC looks interesting.

$Shivaji Vitthalrao\U0001f1ee\U0001f1f3$

Shivaji Vitthalrao🇮🇳...
@shivaji_1983

HDFC Ltd -- Stock at major. Low risk play with stop loss below red bar.

Chart courtesy @mundra_devansh

As a dean of a major academic institution, I could not have said this. But I will now. Requiring such statements in applications for appointments and promotions is an affront to academic freedom, and diminishes the true value of diversity, equity of inclusion by trivializing it. https://t.co/NfcI5VLODi
— Jeffrey Flier (@jflier) November 10, 2018

We know that elite institutions like the one Flier was in (partial) charge of rely on irrelevant status markers like private school education, whiteness, legacy, and ability to charm an old white guy at an interview.

Harvard's discriminatory policies are becoming increasingly well known, across the political spectrum (see, e.g., the recent lawsuit on discrimination against East Asian applications.)

It's refreshing to hear a senior administrator admits to personally opposing policies that attempt to remedy these basic flaws. These are flaws that harm his institution's ability to do cutting-edge research and to serve the public.

Harvard is being eclipsed by institutions that have different ideas about how to run a 21st Century institution. Stanford, for one; the UC system; the "public Ivys".

$Elon Musk\u2019s Meme \U0001f171\ufe0fot$