HDFCBANK Important Zones

1 086
Strong Support Zone

₹750 – ₹745

Recent buying interest is coming from this area.
If this zone holds, a bounce is possible.

Major Support

₹726

This is a clear previous low on the chart.
If the price breaks below this level, selling pressure could increase quickly.

Immediate Resistance

₹780

The price has been rejected multiple times near this level.
A strong upside swing is likely only if ₹780 is broken decisively.

Next Resistance / Target

₹795 – ₹800

This is a strong supply zone.
Momentum may strengthen only after a proper breakout above this range.

Bigger Target

₹810 – ₹820

Medium-term upside target zone.

Simple Trading View
Bullish Scenario

If:

₹750 holds
and ₹780 breaks out with good volume

Then upside targets could be:

₹795
₹800
₹820
Bearish Scenario

If:

the stock closes below ₹745

Then downside levels could be:

₹735
₹726 support test
Understanding the Trend

Overall chart structure:

Short-term trend looks weak to sideways
Lower highs are forming
However, above ₹726 the structure is not completely broken yet

So the most important levels are:

₹750–₹745 → Decision Zone
₹780 → Breakout Zone

Disclaimer

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