Pending — not yet graded
Bearish on HDFC Bank, noting the stock has broken below its crucial support zone of ₹725–720 on the weekly chart and trades below key moving averages, indicating weakness. The RSI is declining towards 30, strengthening bearish momentum, and the ADX indicator shows bears in strong control. The next crucial support is at ₹685–680, with the overall trend remaining bearish below ₹765–770.

Sudeep Shah’s track record: 14 graded calls · 95% CI 16–61%

HDFC BankBearishCalled 27 Aug 2026
Verdict:PENDING

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