HDFCBANK // Levels // 1 hour "Welcome to SkyTradingZone "
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HDFC Bank (HDFCBANK) on a 1-hour chart
Support Levels: Around 1637.93 and 1633.211.
Resistance Levels: You might want to look at recent highs for potential resistance points, but specific resistance levels weren’t detailed in the sources.
Trend Analysis: Check if there is a clear trend (upward, downward, or sideways). Short-term trends can provide insights into the stock's immediate direction.
Technical Indicators: Utilize technical indicators such as Moving Averages (e.g., 50-hour or 200-hour MA), Relative Strength Index (RSI), or Bollinger Bands to understand momentum and potential reversal points.