HDFCBANK presents a compelling buy-side technical opportunity consolidating above key pivot support ₹840.48 (S1 ₹834.16/S2 ₹825.28) with bullish alignment across longer-term EMAs (50/100/200 all Buy signals) despite mixed short-term MAs, confirming medium-term uptrend resilience. Neutral RSI(36-63 range) alongside positive MACD(9.64)/Momentum(26.55) signals healthy accumulation without overbought extremes, creating favorable risk-reward near strong S3 ₹818.96 zone amid banking sector rebound. Higher lows formation validates long entry targeting R1 ₹849.36/R2 ₹864.56 resistance with tight stops below S2 ₹825.28 for optimal upside capture in India’s largest private bank.Warning-
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