HDFC Bank may go channel support 1170

8 Ara 2016

HDFC Bank has been trading in down trend and trading in bearish channel, it saw some gain on wednesday but closed on week sign, it has touched channel resistance and may target the channel support.traders may enter short at slight higher price with a target of 1170 first target, if breaks this level next around 1125-1130 the crucial 50% fibo level.