HDFC bank :- CMP :- 1400. Bearish Butterfly Pattern formation. PRZ zone :- 1414 - 1455 SLZ zone :- 1500 1.27 XA = 1450 LEVELS 2.618 BC = 1428 LEVELS AB = CD :- 1414 LEVELS. Equivalent AB=CD pattern formation. PRZ zone :- 1414 -1420. Rising channel pattern :- Resistance trend line of rising channel around 1420 levels.. counter would face resistance around this level. RSI :- Weekly RSI touched levels of 70 and reversed,, bearish divergence observed on daily time frame. Darvas Box :- Last 6 weeks counter is consolidating in range 1360 to 1450 .. resistance around 1450 levels of this consolidation. Trend change confirmation below 1360, once give 2 consecutive close below this levels on daily basis.