My View ON HDFC Bank

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My View ON HDFC BankHDFC Bank LimitedNSE:HDFCBANKsalaisargunanspHDFC Bank — Possible Accumulation Zone Near Bottom | Jun Expiry Bullish View HDFC Bank is currently trading near an important support/accumulation zone around ₹737–₹738. My view is that from the current level, there can be a small 3–5 point pullback/retest, and if the price holds this bottom zone with volume support, it may start a rally towards the POC zone. The volume behaviour around Mar 19 and May 29 suggests strong buying interest whenever price comes near the lower levels. This indicates possible re-accumulation / absorption near the bottom. Key Levels I am Watching LevelView Support Zone₹730–₹738 Current AreaAround ₹738 TG 1₹781 TG 2₹821 InvalidationWeakness if price sustains below the bottom support zone For June Expiry, this looks like a strong bullish setup only if price continues to hold the support zone and volume confirms accumulation. Price action near the bottom will be important. A clean rejection from support with volume can give better confirmation for upside continuation. I am not a SEBI-registered analyst. This idea is shared purely for educational and study purposes. Please do your own analysis or consult a certified financial advisor before taking any trades. #HDFCBank #NiftyBank #TradingView #VolumeProfile #PriceAction #SwingTrading #OptionsTrading #IndianStockMarket