HDFC Bank Shares Near 1-Year Low: Time to Buy?

HDFC Bank’s shares fell 1.17%, nearly touching a one-year low.

Trading volume spiked with 12.56 lakh shares, surpassing the two-week average.

Q3 profits soared by 34% to Rs 16,373 crore, showcasing strong growth.

Technical analysts see support at Rs 1,380-1,350, with resistance at Rs 1,450-1,480.

Oversold territory reached. Key levels: Support at Rs 1,350, Resistance at Rs 1,450.

The stock shows a weak bias, with potential for rangebound movement. Immediate focus: Rs 1,430 to Rs 1,380.

With HDFC Bank’s stock at a pivotal point, is it time to accumulate? Make informed decisions.

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