Current technical analysis for HDFC Bank (HDFCBANK.NS) shows the stock is currently trading at ₹1941.40, with a +0.72% change from the previous close. The stock is currently in a Uptrend.
AI-Powered Market Prediction
This prediction is generated using artificial intelligence that combines technical indicators with machine learning models.
Market Direction: BULLISH
AI Confidence Score: 85%
Intelligent analysis combining multiple data sources for HDFC Bank.
Analysis Confidence Factors:
- Uptrend confirmed
Market Assessment:
- Direction: BULLISH
- Action: Consider long positions near support levels
- Risk Level: Moderate
- Bullish Probability: 100%
- Bearish Probability: 0%
Price Targets:
- Target 1: ₹1944.80
- Target 2: ₹1945.00
- Stop Loss: ₹1933.48
- Risk/Reward Ratio: 1:0.4
AI-Optimized Intraday Levels
These levels are calculated using artificial intelligence that analyzes historical patterns and market behavior.
AI Buy Zone
₹1928.73 - ₹1936.65
AI-suggested accumulation zone | Stop Loss: ₹1922.39
AI Sell Zone
₹1946.15 - ₹1954.07
AI-suggested distribution zone | Stop Loss: ₹1960.41
AI-Generated Pivot Levels
| Level | Price | AI Recommendation |
|---|---|---|
| R3 | ₹1965.16 | Strong Sell (High probability reversal) |
| R2 | ₹1957.24 | Sell / Book Profits |
| R1 | ₹1949.32 | First Target / Partial Booking |
| Pivot | ₹1941.40 | Decision Point |
| S1 | ₹1933.48 | First Support / Buy on Dips |
| S2 | ₹1925.56 | Strong Buy |
| S3 | ₹1917.64 | Aggressive Buy (High probability bounce) |
Expected Market Movement
AI analysis indicates low volatility with expected movement of ±0.82%.
Position sizing recommendation: Can use larger positions due to low volatility.
Technical Overview
Current technical indicators show the following momentum signals:
- RSI (14): 54.62 - Currently neutral
- MACD: 0.0000 (Signal: 0.0000)
- Moving Averages: SMA-20: ₹1929.20, EMA-20: ₹1928.98
Support and Resistance Levels
Key price levels based on technical analysis:
Resistance Levels
- R1: ₹1944.80 (0.2% away)
Support Levels
- S1: ₹1916.30 (1.3% away)
Trend Analysis
The stock is currently showing a Uptrend pattern based on moving average analysis and price action.
Performance Metrics:
- 1-Day Change: +0.72%
- 5-Day Change: +0.40%
The uptrend suggests bullish momentum, with buyers currently in control.
Trading Signals
Based on unified analysis combining technical indicators and AI predictions:
- Strong Buy Signal - 85% confidence
- Entry near ₹1916.30
- Low volatility - Normal position sizing
These signals represent a consolidated view eliminating contradictions between different analysis methods.
Conclusion
In summary, HDFC Bank shows a BULLISH outlook with 85% confidence based on unified technical and AI analysis. The analysis shows high confidence in upward movement. Consider long positions near support levels
Key takeaways from unified analysis:
- Market Direction: BULLISH (high confidence)
- Risk Level: Moderate
- Primary Target: ₹1944.80
- Stop Loss: ₹1933.48
- Risk/Reward Ratio: 1:0.4
This analysis combines multiple indicators and AI predictions to provide a clear, non-conflicting view of the market. Always use proper risk management and never invest more than you can afford to lose.
Disclaimer: This analysis is automatically generated by Artificial Intelligence and should not be considered as investment advice. Always conduct your own research and consult with financial advisors before making investment decisions.