HDFC Bank Ltd – 1W
HDFCBANK
Trend:
Clear breakdown from range with strong bearish momentum.
Support & Resistance:
Support – 756 / 681
Resistance – 909 / 940
Expected Move:
Weak structure below 900. Any pullback towards resistance likely to face selling pressure unless strong reversal seen.
Fundamentals (Brief):
India’s largest private bank with strong asset quality and stable growth, but currently under short-term pressure.
Verdict:
Short-term bearish, avoid chasing until stability or reversal signs appear.
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