On the basis of Pirce Action and Support and Resistance , hdfc bank is near the strong support zone from which it can gives a up move if the 1400 level is sustain and can move till 1550 and then break that resistance and move till 1720 and so .
But if it breaks the level of 1400 then i can probably goes till 1200.
But if it breaks the level of 1400 then i can probably goes till 1200.