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17 Jun 2026, 12:37 IST

HDFC NIFTY NEXT 50 ETF (HDFCNEXT50)

HDFC Securities Ltd · Buy · target 78, 80.5

The note says the ETF has broken out from a horizontal trendline multi-top resistance with bullish weekly RSI and MACD, suggesting a buying range of 73.39-73.50, add on dip at 71.25, closing-basis stop loss of 69.50 and targets of 78 and 80.5 over up to 60 days.

From Untitled research note, written by HDFC Securities Ltd and hosted by HDFC Sky. Orivam summarised it; the view is HDFC Securities Ltd's, not Orivam's.

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