the level are important to follow and for more folloe the chart .
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.
market closed around 71568 on Thrusday. If the Sensex open above 71700 then we can see the Sensex touching 72000 mark but if the it open below 71200 then we can see the backdown till 70900 or more .