Tuesday, 29 September 2026Updated 8m ago
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Market move▲ Bullish for HDFC Bank

Stock Radar: HDFC Bank stock breaks out from upper trendline of falling wedge formation; time to buy after nearly 30% fall?

1 source · first seen 05:00 29 Sept · updated 05:00 29 Sept

The brief

Written from 1 report · check the source before you trade
  • HDFC Bank rebounded from February 2024 support near **Rs 680** and broke above a falling wedge pattern
  • The stock has fallen nearly **30%**; RSI and MACD were among indicators cited
  • A technical rebound may lift sentiment toward HDFC Bank shares and other private-bank stocks

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HDFC Bank₹719.05 · 8 todayPrivate banks16 todayBanks80 todayMarket valuations141 today

Linked by the tag HDFC Bank

19 stories this week
  1. 28 SeptJefferies sees HDFC Bank rerating potential tied to CEO succession and executionLeadership · 4 sources · Jefferies set a target price of Rs 880, citing CEO succession clarity and execution
  2. 27 SeptHDFC Bank CEO's to-do list in coming weeks: Growth, Casa, investor trustLeadership · 1 source · The incoming HDFC Bank chief faces priorities including retail and deposit growth, rebuilding CASA and improving margins
  3. 26 SeptBank strike: Will ICICI Bank, HDFC Bank, Axis Bank and IndusInd Bank remain open?1 source
  4. 26 SeptBank branches shut on September 26 for fourth Saturday; public banks and RRBs operate September 272 sources · SBI, HDFC Bank and ICICI Bank branches were closed on September 26
  5. 25 SeptHDFC Bank CEO Announcement Live Updates: New MD & CEO appointment expected soonLeadership · 1 source · HDFC Bank is expected to announce its next MD and CEO soon
All HDFC Bank stories →

Read the reports

1 report · earliest 05:00
Economic TimesStock Radar: HDFC Bank stock breaks out from upper trendline of falling wedge formation; time to buy after nearly 30% fall?05:00