Daily Chart Analysis on

HUDCO

Technical Analysis (Daily Chart) Price Trend: HUDCO is currently trading around ₹216.45, showing consolidation between ₹210–220 after a volatile phase. This sideways pattern suggests accumulation before a directional breakout. Support & Resistance Levels: Immediate Support: ₹212–210 (20-DMA support zone). Major Support: ₹205 (psychological & chart support). Resistance Zone: ₹220 (supply zone); if sustained, next targets are ₹228–232. Moving Averages: Price is near 50-DMA and above 200-DMA, showing medium to long-term bullish structure intact. Short-term averages (10 & 20 DMA) are flat, reflecting consolidation. Indicators: RSI (14) ~45 → Neutral zone, no extreme overbought/oversold. MACD → Flat to negative crossover; momentum muted. Parabolic SAR → Dots above candles, showing current short-term resistance. Technical Outlook: Stock is consolidating. Sustaining above ₹220 could trigger fresh upside rally towards ₹230+, while a breakdown below ₹210 may invite weakness towards ₹200. Upcoming Events & Impact Quarterly Results (Q2 FY26) → Market will watch loan book growth, disbursement trends, and NPAs. RBI Monetary Policy → A dovish stance or rate cut can boost housing loan demand, benefiting HUDCO. Union/State Budgets & Housing Schemes → Any new subsidies or infra-allocation will directly benefit HUDCO’s lending business.