Remember all the important lows are made on Tuesdays. Its been 14 days since HDFC Bank is in cage of Rectangle drawn in 1 H Chart. It may recover now. But, wait till the end of this day.
Important levels to watch 1963, 1967, If stays above this, nothing to worry.
5 minutes chart is showing recovery. 200 SMA has come Down of all others, one more turn can take place. Watch 12.05 Candle for the last 5 days and mark. If remails above that its very safe.
Do play very safe.
Watch my previous discussions on HDFC Bank. Link Provided.
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