HDFC 1W Time Frame Analysis

Currently its in
1) Uptrend parallel channel
2) Top of parallel channel( both down and up trend parallel channel)
2) Wave ABC completed with target of 1.618

High possibility for down side as per chat and MACD

MACD:
Convergence seen of MACD and signal line..weakness for bull

target: first level -1725
support: first level -1560