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Mayank Kumar

1st Sep · SEBI-Registered Analyst

HDFC Bank chart attachment fo rlearning purpose

HDFCBANK
₹686–₹632 zone is an important long-term demand/support zone for HDFC Bank. The zone has historical significance because the stock has previously found strong buying interest around these levels, making it a potential area where buyers could step in again. With the stock currently around ₹709, it is approaching the upper boundary of this demand zone. A sustained move toward ₹686–₹680 followed by bullish reversal price action could indicate accumulation and a potential recovery. The deeper ₹632–₹640 area would be the stronger support within the zone. However, a decisive breakdown below ₹632 would weaken the long-term structure and indicate that the demand zone has failed. chart is attached for learning purpose.

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HDFCBANK_2026-09-01_07-18-21.png
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