Short term trend of HDFC is bullish, The top line of the parallel channel will act as an immediate support, if the price breaks it, then it can retrace to 1950 levels otherwise the first target will be at 2000 and second at 2010. SL should be below the upper channel level
Trend is getting steeper, the violet trendline represents the previous slope of the trend which is the long term trend, the orange trend line shows the current slope which is much steeper.
