HDFCBANK 1D Time frame

29
🔢 Current Level

Trading around ₹966 – ₹968

🔑 Key Support & Resistance Levels

Resistance Zones:

~ ₹973 – ₹975 (near-term resistance)

~ ₹980 – ₹985 (stronger resistance if price crosses above the earlier zone)

Support Zones:

~ ₹962 – ₹960 (immediate support)

~ ₹955 – ₹953 (lower support if downward pressure continues)

📉 Outlook

Bullish Scenario: Holding above ₹960-₹962 may push price toward ₹973-₹975, and a breakout above that can lead to ₹980-₹985.

Bearish Scenario: Falling below ₹955 may increase downside risk toward deeper supports.

Neutral / Range Zone: Between ₹960-₹975, likely sideways consolidation until a breakout happens.

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