IIT-Trader

HDFC--Near to Support??

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NSE:HDFCBANK   HDFC BANK
The stock is trending downwards....
In Higher time frames price is in channel....
price is at support + trendline.
If it is a bullish turn price breaks the trendline and retest will look for buy side....
If no break is detected and again falls will be on short side....
most chances of fall again...it has to clear the liquidity @1600 levels...
Keep safe...
Komen:
Now it is near support....will rise from this place....

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