HDFC - TREND ANALYSIS

Price formed a lower high in Hourly Timeframe.
- Price approaching imbalance level, to cover pending sell orders (Also a Fibo Golden level))
- Once bearish imbalance level is taken, Price may breach equal lows to grab liquidity for Buying side
- Price may reverse from bullish order block after liquidity is taken

Overall stock trend in monthly Timeframe indicates a bearish correction in Elliot wave

STOCK TREND : NEUTRAL TO BEARISH