HDFC twins, Bajaj group stocks have more upside ahead, charts suggest

HDFC twins are nearing all-time highs while Bajaj group stocks have seen a tremendous surge in the ongoing November series.

Select financial stocks such as HDFC twins, Bajaj Finance and Bajaj Finserv have given steady returns in the past two months. Mortgage lender HDFC has rallied 36 per cent while HDFC Bank has gained 33 per cent. On the other hand, Bajaj Finance and Bajaj Finserv have climbed 29 per cent, and 25 per cent respectively, during the same period, exchange data shows.

So, is there more steam left in these stocks or are they going to witness a correction in the short term?

Take a look at what charts indicate.

HDFC Bank Ltd (HDFCBANK): The stock is