BUY : HDFCBANK28OCT251000CE( HDFCBANK ) [89552]

📈 INTRADAY / BTST TRADE ALERT – BUY
🔍 Stock: HDFCBANK28OCT251000CE (HDFCBANK) [89552]
📅 Date: 10th October 2025
🧠 By: Manjushri Sharma | Equity Guru MS
📜 *SEBI Reg. No.: INH000019497

💡 Trade Setup

🔍 Technical Insight

Price Action:
HDFC Bank has broken out above its short-term consolidation zone between ₹985–₹995, confirming bullish intent after multiple attempts to sustain near ₹1,000. The breakout is supported by strong momentum and price closing above key resistance levels.

VWAP & EMA:
The price is sustaining above the VWAP and 20-EMA, indicating that institutional buyers are active. VWAP slope turning upward confirms accumulation-based breakout.

Volume Analysis:
Rising volumes with price expansion show fresh long build-up. Option data indicates strong call writing unwinding and put writing at 990–995 levels, signaling bullish conviction.

Open Interest (OI):
The 1000CE strike saw positive OI addition with premium expansion from ₹9.80 to ₹10.40, confirming directional buying interest rather than short covering.

Momentum Indicators:
RSI crossed 60 with an upward slope, while MACD is in a positive crossover zone — both supporting continuation of bullish momentum.

📘 Trading Strategy

✅ Buy Zone: ₹10.40 ± 0.20
🚫 Stop Loss: ₹6.40
🎯 Target 1: ₹12.40 → Book partial profits
🎯 Target 2: ₹14.40 → Trail SL to ₹9.40 after T1
🎯 Target 3: ₹16.40 → Final target
⏳ Duration: BTST / STBT (1–2 sessions)
🕒 Exit: Before option expiry or on achieving T3

⚠️ Important Notes

❗Enter only within the specified entry range and with volume confirmation.
🔄 Avoid buying if the underlying (HDFCBANK) fails to hold above ₹1,000.
💰 Trade with position sizing as per your risk appetite.
🚫 Never trade without stop loss — preserve capital first.

🔐 Issued by:
Manjushri Sharma
📈 SEBI Registered Research Analyst
📞 6269562635 | 📧 sharma.manjushri@gmail.com
🌐 www.equitygurums.com

RA Name: Manjushri Sharma

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