HDFC BANK LTD
Short

HDFC Bank 1H Analysis: Consolidation Zone Between ₹1,620-₹1,645

96

Analysis:

1. Lower Low Banane Ka Signal:

Chart mein price consistently lower highs aur lower lows bana raha hai.

Agar price ₹1,620 ke support ko todta hai, to agla lower low confirm ho sakta hai.



2. Downside Possibility:

Red shaded area (resistance zone) ke neeche rehna bearish signal hai.

Agar breakdown hota hai, to agla support ₹1,600 ke aaspaas ho sakta hai.



3. Wait for Confirmation:

Agar price ₹1,645 ke resistance zone ko todne mein fail hota hai aur neeche ₹1,620 ke paas aata hai, to yeh sell confirmation ka signal ho sakta hai.

Aapko breakdown ke baad retest ka wait karna chahiye, jo better entry dega.





---

Suggestion:

Stop-Loss: Agar aap downside ke liye position lete hain, to stop-loss ₹1,650 ke upar set karein.

Target: Pehla target ₹1,600 aur doosra ₹1,580 ho sakta hai.



Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.