It is in the PRZ of a Bullish Harmonic ALT SHARK in Weekly time frame. A daily close above 1650 would add conviction for a probable move for next resistance at 1850-2000. Small time frame resistance at 1590-1625. For now the pattern would get negated below 1450
for the next week watch list stock
Educational Purpose.
Level of 601 =Acted as Support & Resistance BOTH Level of 567 =Acted as Support ( StopLoss)
May come big breakout once closes above the trend line weekly/daily same level...wait and watch
Chart suggesting to see target as 2400...
Yes, its giving lot of information...lets try to understand
bad days for hdfc.............now at do r die
HDFC BANK NSE : HDFCBANK : Long & Short Levels If sustains below : 2100 Short : 2077 Cover 1 : 2053 Cover 2 : 2029 If sustains below : 1930 Again Short : 1925 Cover : 1875