HDFC,BANK has mostly made a near term Top at 1410
As far as it stays under it, TIME setup would remain week
Would prefer to go short on rallies, going forward, I expect (HDFC BANK) to turn,down and test levels of 1324 and 1278 on cash Positionally
I wont necessarily prefer futures on all short trades
There are several OPTIONS strategies which could be executed, if we have a certain direction clear on the underline symbol
Coming back to HDFC BANK again, I would be watching 1 level very closely on downside, which is 1225, I do expect it to go there
And complete its channel target
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