HDFC Bank may fall to 1600 level

HDFC bank is on the verge on going down, If you see that it has broken the long support and now its going down further, weekly chart shows further down trend.

Using the traditional analysis rather than Elliott waves to keep the things simple.


Disclaimer: I am not SEBI registered member, please do your own analysis and take a call. This posting is only for educational purpose.

Support and ResistanceTrend Lines

Disclaimer