HDFCBANK--Trading in a channel??

Diupdate
the stock is trendnig upwards...
previously a strongfall is observed from the zone 1740.
price again broken this zone and failed to close above that zone...
and again a strong fall is observed...
now price is trading near to its previous resistances...
keep an eye on these levels...
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Its now at channel....look for long...no short...if breaks and retest look for short.
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