HDFC bank Rs.1060/- the stock has not corrected much we would see technically what its pointing towards. HDFC bank seems to have formed triple top over a period of last one year. See the three to four arrows which is indicating that the stock is finding it difficult to move past 1040 and thrice it has failed to pass over it so the upside as of now is limited/restricted. The stock has also finding support at 200 EMA. It appears that the stock is either poised for down wards or is stuck in range. Chances are on down side below 1000. IF 1000 is taken out then 850 would be the probable target.

Mahiidar M
Enjoying Life
Trend is friend.