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RUDRA007

HDFC BANK good short candidate

Short
HDFC BANK (NSE:HDFCBANK)  
RUDRA007  
NSE:HDFCBANK   HDFC BANK
Trend Analysis priceactionanalysis
2
1
trendanalysis priceactionanalysis
Hdfcbank spot cmp :- 1585

Good short candidate.
Counter have broken demand line of rising channel structure,,
Also broken smaller time frame support line (horizontal,,
Good to create shorts in range 1585-1609
Stoploss above 1625 on hourly closing basis.
Downside 1550-1530-1510..
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