HDFC Bank

Waves 1 and 3 are almost equal in HDFC Bank, with 3 being only slightly bigger. So wave 5=1 is at 1876 and there are two possible channel lines, first to the wave 1 high and second to the wave 3 high. The first channel resistance is at 1724 and the second at 1844. The 20dma at 1462 is support