HDFC Bank 4 Hour View

Current Price (Pre-Opening): ₹1,992.60 (an increase of 4.40, or 0.22%)

Previous Close: ₹1,988.20

Day’s Range: ₹1,983.20 – ₹1,997.50

52-Week Range: ₹1,613.00 – ₹2,037.70

4-Hour Time-Frame Levels (Support & Resistance)

While I couldn’t find a source specifically providing 4-hour timeframe levels for HDFC Bank, here's a useful Elliott Wave–based analysis on the 4-hour chart for guidance:

Support (Invalidation Level): ₹1,590 — if the stock dips below this, the current wave structure may be negated.

Key Pivot Zone: ₹1,710–₹1,720 — around here, bulls might regain control.

Upside Target: Break above ₹1,800 could trigger accelerated upward momentum, with a broader move toward ₹1,970–₹2,000 in progress.

Interpretation & Strategy Implications

Key short-term support lies near ₹1,590. A break below this invalidates the bullish wave setup and warrants caution.

If the stock holds above ₹1,710–₹1,720, buyers could step in, leading to upward momentum toward and beyond ₹1,800.

Daily resistance zones:

Immediate resistance: ₹2,030

Momentum breakout zone: ₹2,050

Major resistance: ₹2,100

Takeaway

For a 4-hour chart view:

Watch ₹1,590 as critical support (invalidation level).

The ₹1,710–₹1,720 zone is a pivotal range for potential buying appetite.

A sustained move above ₹1,800 could see a run toward ₹1,970–₹2,000, aligning closely with daily resistance levels.