HDFC Bank – Technical Analysis (Swing)

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Key Support Levels
₹790–795 → Immediate support
₹780 → Strong demand zone
₹760–770 → Major positional support
Key Resistance Levels
₹805–810 → First resistance
₹825–835 → Breakout zone
₹860–880 → Next swing target after breakout
Swing Trading Plan

Bullish Scenario

Buy only if the stock closes above ₹810 with strong volume.
Targets:
🎯 Target 1: ₹825
🎯 Target 2: ₹845
🎯 Target 3: ₹875
Stop Loss: ₹790

Bearish Scenario

If ₹790 breaks on a closing basis:
Downside targets: ₹780 → ₹760
Trading View
Above ₹810: Bullish momentum likely to strengthen.
Between ₹790–810: Consolidation/range-bound; wait for breakout.
Below ₹790: Weakness may continue.

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