Stock Radar: This Rs 13.5 lakh crore Mcap Sensex stock is hovering near record highs; should you buy this private sector lender?

HDFC Bank is showing positive signals for traders. The stock is consolidating near its breakout point and experts suggest it is a good time to buy. A price target of Rs 1,950 is predicted in the coming months. Traders should keep an eye on the stock's movement and consider accumulating it. A stop loss below Rs 1,690 is advised.