Warning-
as we can see that HDFCBANK is showing strong bullish momentum across multiple technical indicators, with majority signals pointing towards trend continuation rather than reversal. The stock is trading above most key moving averages, indicating institutional buying support and sustained uptrend structure
On the technical front, RSI is currently around 60–65 levels, which reflects a strong bullish zone (not overbought), leaving enough room for further upside expansion . This type of RSI structure generally supports continuation rallies.
Looking at momentum indicators, MAC
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