HDFCBANK 1D Time frame

📊 Current Snapshot

Current Price: Around ₹967

Day Range: ₹962 – ₹976

52‑Week Range: High ~ ₹1,018, Low ~ ₹805

Volume: Slightly above recent average, showing decent trading interest

🔍 Support & Resistance

Immediate Resistance: ₹975 – ₹983

Higher Resistance: ₹989 – ₹990

Immediate Support: ₹960 – ₹954

Lower Support: ₹946

⚙️ Indicators & Trend

RSI / Stochastic: Neutral to slightly bearish, indicating mild selling pressure

Pivot Level: Around ₹968 – ₹969, meaning price is near equilibrium

Moving Averages: Mixed signals; short-term MAs under slight pressure, long-term trend still intact

🎯 Possible Scenarios

Bullish Case: Break and sustain above ₹980 → next target ₹990+

Bearish Case: Fail at resistance → pullback toward ₹960‑₹954; below ₹954 → possible drop to ₹946

⚠️ Key Points

Resistance zones are tight and need strong volume for a breakout

Price near pivot levels may lead to short-term sideways movement or volatility

Confirmation from trading volume is important for trend sustainability