HDFC Bank on daily chart is in downtrend making lower lows. Yesterday it made a low at 400 level which an important psychological level. Stock today was up by 2% though nifty was down by more than 1%. Stock as per chart is at oversold level & has taken support from trend line. It should continue its up move in coming session also and kiss 440 in short term.
Stop loss should be at 400
CMP - 414.20
