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Pankaj pawar

3rd Jun · SEBI-Registered Analyst

$HDFCBANK

STOCKS IN FOCUS TODAY | 3 JUNE 2026 **HDFCBANK** will remain a key market indicator, with traders closely monitoring immediate resistance near ₹758 and strong support around ₹740. Sustained stability above support levels could strengthen near-term sentiment. **$RELIANCE** continues to attract institutional attention as the stock attempts to maintain momentum above the crucial ₹1,298 support zone, a level considered important for broader market stability. **$SBIN** is exhibiting resilient institutional participation, with the stock consolidating within the ₹940–₹950 range and building a technically stable base. **!NTPC** is being closely watched for a potential technical recovery following its recent correction to multi-session lows, while momentum indicators are gradually entering oversold territory. **!RECLTD** may witness selective value buying as market participants evaluate the possibility of an oversold rebound after recent weakness in the counter. **!LEMONTREE** could remain under pressure in the near term after announcing the termination of a franchise agreement associated with a proposed hotel project in Bareilly, impacting investor sentiment.

#TechnicalViews#FundamentalViews#Pre-OpeningCommentary
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