HDFCBANK 1D Timeframe

📊 Current Snapshot
Price: Around ₹1,995 (~₹1,990–₹2,000 range)

52-week range: ₹1,588 – ₹2,027 — just below the recent high

✅ Technical Momentum
Overview: Daily technical summary is a "Strong Buy", with moving averages and indicators like RSI (55.3), Stoch, ADX, and CCI all in buy territory

Pivot Level Support: Standard pivots are around ₹1,995

RS Rating (ADR): Strong (83) — above the 80 mark, but extended — suggesting good trend; watch pullbacks

🛡️ Key Price Zones
Support / Buy-on-Dip Areas
₹1,995–₹1,998 – Daily pivot zone

₹1,982–₹1,990 – Standard S1 support

₹1,960–₹1,970 – Deeper Fibonacci/S2 pivot zone

₹1,932–₹1,940 – Strong long-term support (S3–S4 levels)

Resistance / Profit Exit Zones
₹2,007–₹2,015 – Immediate upside pivot resistance (R1–R2)

₹2,024–₹2,025 – R2 zone

₹2,030+ – R3/R4 zone — breakout territory

🧭 Action Plan
1. Currently Holding?
Stay invested — indicators are still bullish.

Think about taking partial profits in the ₹2,015–₹2,025 range, especially if the market overall gets choppy.

2. Planning to Buy?
Best entry: around ₹1,982–₹1,990 (safe zone).

If broader markets dip more, ideal accumulation range is ₹1,960–₹1,970.

Aggressive buying can start near ₹1,995 but keep stop-loss close.

3. Breakout Strategy
A clean, daily close above ₹2,025–₹2,030 on good volume opens up fresh upside toward all-time highs (~₹2,027+).

Can add more after breakout with confidence.

4. Risk Management
Entry around ₹1,982–₹1,990 → set stop-loss below ₹1,960.

If buying near ₹1,960–₹1,970 → stop-loss could be ₹1,930.