Riding the Ascending Channel — Buy Dips into Cloud SupportHDFC BANK LTDNSE:HDFCBANKforexorbitSummary Price continues to respect an ascending channel on the daily chart; Ichimoku cloud is acting as dynamic support. With Q1 FY26 showing 12% YoY PAT growth, strong capital, and a 1:1 bonus plus ₹5 dividend, dips are being defended while NIM remains the watch item. Chart Thesis Structure: Higher highs/lows inside channel; consolidation near ₹2,000 with cloud support below. Levels: Long zone: ₹1,930–₹1,960 (cloud/median line) Invalidation: Daily close