HDFC BANK Analysis - 1Day TF(3 Sept)

1)This pattern is valid till 1725

2)False breakout from parallel channel and took a resistance at 0.5 level of fib

3)From Here HDFC Bank can travel in two path
option 1:
It can reverse from 0.5 level of Fib and can first level of support from this trend 1164
option2:
It will break the parallel channel and reverse from 0.618 level of Fib..