Will HDFC Bank Bullish Run Continue?

Hi guys, this Thenali view, today we are going to discuss
about the HDFC Bank for the intraday analysis 03-Feb-2021.

HDFC Bank has opened at 1501 and touched the day low of
1497.40 and then it was bounced to All time high of 1578.50.

Let See the S & R on Monthly Weekly Daily & 1hr time Frame:

Monthly: 1578.50 & 1119.80

Weekly: 1376.25, 1181.10 & 990.20

Daily: 1445.60, 1360.55 & 1252.15

Finally 1hr: 1551.40, 1493.30, 1441.85 & 1348.10

Will is the trade set tomorrow?

CPR : 1537.95 & 1553.05
Pivot: 1545.50

Pivot : Support and Resistance:

R1 1,593.60 S1 1,512.50
R2 1,626.60 S2 1,464.40
R3 1,707.70 S3 1,383.30


CPR will be Bearish Bias.

Yesterday Today CPR will be Virgin CPR and it will extended
tomorrow.

Overview:

Case 1: If the Script goes pass the below the CPR go for Short.

Target - 1495 & 1460

or

Case 2: If the Script goes above the today High (All time High) then go for Long.

Target - 1600 & 1630

Impression: Bearish in HDFC Bank

Disclaimer: Kindly do your own analysis before executing this trade. I am not a SEBI Registered Analyst.