Current technical analysis for HDFC Bank (HDFCBANK.NS) shows the stock is currently trading at ₹1989.20, with a +0.45% change from the previous close. The stock is currently in a Downtrend.
AI-Powered Market Prediction
This prediction is generated using artificial intelligence that combines technical indicators with machine learning models.
Market Direction: BEARISH
AI Confidence Score: 85%
Intelligent analysis combining multiple data sources for HDFC Bank.
Analysis Confidence Factors:
- Downtrend confirmed
Market Assessment:
- Direction: BEARISH
- Action: Consider short positions or stay in cash
- Risk Level: Moderate
- Bullish Probability: 0%
- Bearish Probability: 100%
Price Targets:
- Target 1: ₹1978.52
- Target 2: ₹1967.85
- Stop Loss: ₹1996.32
- Risk/Reward Ratio: 1:1.5
AI-Optimized Intraday Levels
These levels are calculated using artificial intelligence that analyzes historical patterns and market behavior.
AI Buy Zone
₹1977.81 - ₹1984.93
AI-suggested accumulation zone | Stop Loss: ₹1972.12
AI Sell Zone
₹1993.47 - ₹2000.59
AI-suggested distribution zone | Stop Loss: ₹2006.28
AI-Generated Pivot Levels
| Level | Price | AI Recommendation |
|---|---|---|
| R3 | ₹2010.55 | Strong Sell (High probability reversal) |
| R2 | ₹2003.44 | Sell / Book Profits |
| R1 | ₹1996.32 | First Target / Partial Booking |
| Pivot | ₹1989.20 | Decision Point |
| S1 | ₹1982.08 | First Support / Buy on Dips |
| S2 | ₹1974.96 | Strong Buy |
| S3 | ₹1967.85 | Aggressive Buy (High probability bounce) |
Expected Market Movement
AI analysis indicates low volatility with expected movement of ±0.72%.
Position sizing recommendation: Can use larger positions due to low volatility.
Technical Overview
Current technical indicators show the following momentum signals:
- RSI (14): 48.26 - Currently neutral
- MACD: 0.0000 (Signal: 0.0000)
- Moving Averages: SMA-20: ₹1997.68, EMA-20: ₹1992.97
Support and Resistance Levels
Key price levels based on technical analysis:
Resistance Levels
- R1: ₹1997.60 (0.4% away)
- R2: ₹2022.70 (1.7% away)
Support Levels
- S1: ₹1970.00 (1.0% away)
Trend Analysis
The stock is currently showing a Downtrend pattern based on moving average analysis and price action.
Performance Metrics:
- 1-Day Change: +0.45%
- 5-Day Change: -0.31%
The downtrend indicates bearish pressure, with sellers dominating the market.
Trading Signals
Based on unified analysis combining technical indicators and AI predictions:
- Strong Sell Signal - 85% confidence
- Exit near ₹1997.60
- Low volatility - Normal position sizing
These signals represent a consolidated view eliminating contradictions between different analysis methods.
Conclusion
In summary, HDFC Bank shows a BEARISH outlook with 85% confidence based on unified technical and AI analysis. The analysis shows high confidence in downward pressure. Consider short positions or stay in cash
Key takeaways from unified analysis:
- Market Direction: BEARISH (high confidence)
- Risk Level: Moderate
- Primary Target: ₹1978.52
- Stop Loss: ₹1996.32
- Risk/Reward Ratio: 1:1.5
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.