It is apt to say that this stock has been the biggest of drivers of the bull market, at least the one that has partied to the end. Staying in the party till it ends. In 2000 the stock outperformed like crazy, meaning that when Tech stocks were crashing it was holding on to all its gains and even making higher lows. So to those who do not know how any stock can go up in a bear market this is one good example from Y2K. That marked wave 1 of a new bull market from 1999. Wave 4 ended in 2008 and ever since it has been about when wave 5 will end. Surely I did not think 8 years and here we are. Previous attempts to call it ended failed and so I am making changes to the count based on my recent change on Sensex that wave 5 is 2009-2017. Doing it this way would allow HDFC one final rally in wave V of 5 of 5, Support being near the recent lows near 1640, and the upper trendline at 2100, and the V=I point at 2300 so somewhere between 2100-2300 wave V of 5 would end, as long as 1640-1600 support is not broken seriously. Note how volumes dried up into the 5th wave long term.