Wave of HDFC bank is looking down trend, In this upward swing the bank failed to break previous high and now if its breaking swing low of 1460 then this will be a confirmation of lower low trend. if this happens then 1100 level is going to be a best level to buy for a super long term investment.
The harmonic pattern is also saying the same.
Also as pr price if the stock is not sustaining below 1460 then defiantly it will be a good buying opportunity and the stock can traded with SL below 1450 on day closing basis
This is a not a trade advice, I might be wrong on my view. If i am wrong please correct me. trade with Stop loss.