Neowave-forecast

HDFC Bank (Bearish Sequence)

Short
NSE:HDFCBANK   HDFC BANK
## We publish bearish sequence in hdfc bank & exactly it happen eventhough bank nifty is recovering but hdfc is not, you can see the chart below.

## Anyway HDFC bank is still developing M2 wave after which it will proceed for downward movement.

## Even though M3 failed but still Longterm wave is still bearish, so hdfc bank will fall again.
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Previous Long Term forecast
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Bank Nifty Medium Term Forecast
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