HDFC BANK LTDShort
HDFC BANK -BEARISH VIEW
#Moving in a beak/Pennant pattern.
#Any break down will further lead to a big fall till the next support level.
#Reverse bearish divergences seen in RSI.(more visible and relevantly seen in hourly and 15 min chart)
THIS INDICATES THAT HDFC BANK MAY further continue to fall.
#Crucial support level is 1480 below which, there might be a pennnat pattern break down.
#Any break down will further lead to a big fall till the next support level.
#Reverse bearish divergences seen in RSI.(more visible and relevantly seen in hourly and 15 min chart)
THIS INDICATES THAT HDFC BANK MAY further continue to fall.
#Crucial support level is 1480 below which, there might be a pennnat pattern break down.
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