HDFC Bank: Watching for a Bounce
The stock has been sliding for a while but it’s now sitting right on a key support zone around ₹902–931.
If this level holds, a bounce toward ₹976–1015 looks likely. I’ll be keeping a close eye on how it reacts here.
(Just sharing my view, not financial advice)
The stock has been sliding for a while but it’s now sitting right on a key support zone around ₹902–931.
- MACD is hinting at a possible bullish divergence.
- Stoch RSI is in oversold territory and trying to turn up.
- Price action shows repeated support tests, which could turn into a base.
If this level holds, a bounce toward ₹976–1015 looks likely. I’ll be keeping a close eye on how it reacts here.
(Just sharing my view, not financial advice)
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.