As plotted on the chart, HDFC bank has completed its wave 4 and commenced with wave 5.. Hence view on HDFC bank is bullish with targets as mentioned below Target 1 - 1201 Target 2 - 1227 Target 3 - 1260 SL - 1104 Time frame would be 8 - 10 trading days
Note - Views expressed are purely personal and solely intended for educational purposes. Same may not be used for trading instruments