Dear All, HDFC BANK is At Sideways Zone and Ready for Breakout Soon.. Keep Watching and Eye on it. S1-1440 S2-1435 S3-1424 TG1-1470 TG2- 1480 I am not SEBI Registered . Please Accord your Capital And Your Risk Apetite.
JP Power Price form Inverse H&S pattern and break out level at 10.50. It may test next target 22 soon.
The chart indicates a buy signal for the near term. given that the market saw a significant consolidation rejection at the lower end support ! @ 45600-45800 next zone: 47350–47600 aREA Banks that may support = hdfc bank, icici bank , neutral: axis bank weak: kotak bank
NSE:HDFCBANK has been hammered by the markets and is currently taking support at 200 Weekly EMA. This level has been touched or breached by the bank only thrice before today in more than 2 decades. This is certainly challenging for the bank and while it looks oversold, I would only buy above the current resistance of ~1700+ as this level has been a very strong...
One side fall in the stock has impacted the indices too. HDFC bank, is heavy weight in index, fell 140 point or 8.5% created a sell off. It took a retest of 200 ema and has closed below both the averages. It may give another red candle tomorrow. There stock has closed around a support zone and chance of testing 1500 levels are high. Short position can be...
After huge fall in the HDFC Bank.... Here, is the updated chart for the same and it has taken the support at the trendline .... What's your view? Can it Hold the further fall and rise from there?
HDFC BANK near resistance !! major resistance at 1670-1690 this is 7th attempt to break it !! if good volume break then rally continues or else previous support at 1450 levels waiting for a clean break to enter
Trend is neutral Net Sales of 46,513cr has grown at 56.23% Pat has grown at 20.84% PE is too hot and high at 93.43% mutual fund stake has increased from 4% to 4.66%past quarter stock is a good buy at 520-560 Wait for the dip
BankNifty Analysis I initially thought the wolf in the sheep’s costume was NiftyIT today spoiling the fun of the Bears. The real culprit was BankNifty - the way it defended its turf today was more than amazing. Even though we had a lower opening, HDFCBANK was staying strong at one end. You know pretty well that HDFCBK alone can drive up/down the index as its...
HDFC AMC is looking for great buying opportunity after forming descending channel lined up with the double bottom formation expecting target to reach at 3400
Exciting Bullish Pattern Alert! 🐂 📊 Pattern: Broadening Pattern 📌 Symbol/Asset: HDFCLIFE 🔍 Description: Stock is making broadening pattern. We can see huge upisde in the stock. Its a Buy on dip stock. 👉 Disclosure: We are not SEBI registered analysts, this is not a buy or sell recommendation.
Here, is the analysis for HDFCLIFE .... This is will definitely help you to decide your investment or trading...
Right Time to Invest in HDFC BANK. Buying Range : 1615 to 1620 Stop Loss : @1595 Targets : 1650/1680/1725/1775/1840 ++++++ Reasons to Buy: 1: HDFC bank following a channel from past one year, and now again taking support from the channel low i.e. @1615. So basis idea is that, we will follow the price up to channel high (i.e. @1775-1840). 2:...
Keep track of HDFC. It could provide good positional trade opportunity in future. HDFC tried to break the resistance 2 times (Downward Channel Pattern), now it is already weak. If it tries to break 3rd time, there could be huge momentum or real breakout. We can exit or hold near resistance, depending on various circumstances. Risky traders may hold, safe players...
HDFC was in a continuous "channel pattern" on daily chart. I am expecting a breakout near Rs 2550 levels. SL will be low of previous daily candle (already marked in the chart), and I am expecting a target of Rs 2860 which translates into Risk Reward of 1 : 2.75 Disclaimer: Please do your own analysis before jumping into the trade. Till then, just be a spectator...
Greetings Folks, today I have prepared a setup of HDFC on NSE the analysis is as follows- - this is a monthly timeframe chart so do not use this to trade, use for confirmation bias - the price failed to break out of a series of monthly equal highs - the breakout didn't lasted and then the stock began its down trend - the down trend went on for 4 months , and now...
BankNifty Analysis BankNifty was crazier than Nifty today, but because the options premium were not juicy enough, I refrained from taking positions (glad that I did). Open we fell 349pts and never really recovered from it. Till 13.30 BankNifty was showing more intent to fall than Nifty. Then came a quick surge of 248pts ~ 0.56% in 30mts. We closed the gap with...