HDFC Bank Ltd. - Can 68.1% FIBO LEVEL save HDFC from the fall?

HDFC Bank Ltd.

The stock is in moving in a downtrend from last 3 weeks.

RSI & MACD looks bearish. Time-Trend Indicators are BEARISH in Daily & MONTHLY.

From the swing low (810) we saw a upward pullback from 846 (61.8% FIBONACCI pullback) that is still acting as a strong support.

Staying above 846, it may go to 909 (mid bollinger band).

Below (810-795) levels, it may fall towards 24 March low of 739.

KEEP AN EYE !! #B-