HDFC Bank (1-min chart) with trend, support–resistance, buy/sell side, target & stop-loss:
🔍 TECHNICAL VIEW – HDFC BANK (INTRADAY) 1️⃣ Trend Analysis Price is trading inside an ascending triangle pattern (higher lows + flat resistance).
This shows gradual bullish pressure.
Breakout attempt is already visible near 1002.10 (SUCCESS mark on chart).
➡ Trend Bias: Mild Bullish ➡ Buyers are trying to push above resistance.
2️⃣ Support & Resistance Levels (Based on Chart) 🔽 Support Zones 1001.00 – 1001.20 → Strong intraday support (multiple bounces).
999.80 – 1000.00 → Secondary support.
🔼 Resistance Zones 1003.20 – 1003.50 → Immediate resistance (red zone).
1005.00 → Next major resistance.
3️⃣ Buy or Sell – Which Side Gives Money? 📌 BUY SIDE (Better for Today) Because:
Higher lows pattern = accumulation.
Price holding above 1001 support.
Breakout attempt above 1002.10 shows strength.
💰 Buy Side More Profitable Today unless price falls back below 1001.
4️⃣ Intraday Buy Setup Buy Above: 1001.80 – 1002.20 (Price already trading there)
Targets 🎯 Target 1: 1003.20
🎯 Target 2: 1004.00
🎯 Target 3: 1005.00 (only if volume breakout)
Stop-Loss ❌ SL: 1000.90 (Below triangle support & EMA line)
5️⃣ Sell Setup (Only if Breakdown Happens) Sell Below: 1000.80 Targets 🎯 1000.00
🎯 999.20
Stop-Loss ❌ SL: 1001.60
➡ Selling only if structure breaks. Right now chart is not favourable for sell.
6️⃣ Final Summary Component View Trend Mild bullish (ascending triangle) Support 1001.00 / 1000.00 Resistance 1003.20 / 1005.00 Profitable Side BUY SIDE Buy Target 1003.2 → 1004 → 1005 Buy SL 1000.90 Sell Condition Only below 1000.80
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