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satheeshSelvisubramanian

HDFC 1W Time Frame Analysis

Short
HDFC BANK (NSE:HDFCBANK)  
satheeshSelvisubramanian  
NSE:HDFCBANK   HDFC BANK
Trend Analysis Chart Patterns Technical Indicators HDFC bankniftyview
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trendanalysis chartpattern indicator hdfc bankniftyview
Currently its in
1) Uptrend parallel channel
2) Top of parallel channel( both down and up trend parallel channel)
2) Wave ABC completed with target of 1.618

High possibility for down side as per chat and MACD

MACD:
Convergence seen of MACD and signal line..weakness for bull

target: first level -1725
support: first level -1560
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