HDFC Bank Looks Bearish

As per Technical Analysis and OI data HDFCBANK Looks bearish if its break support of 1668-1665 level then we can see 1640,1620 level.

if anyone is ready to Take Position then i have identified 2 Entry Level in this.

1) Hedge Position.
Buy HDFCBANK Aug 1700 CE Near 34-35 and sell HDFCBANK Future below 1688, Stop loss 1705, target 1670,60,55
Investment Required - 48000
Maximum Loss - 6800
Profit Upto - 13000

2) Option call
Buy HDFCBANK 1650 PE near 17, SL 13, target 25,27,30
Investment - 9400
Maximum Loss - 2200
Profit Upto - 7150