Hi everyone...
Right now market touches our 1st Weekly PULL BACK zone which is 2357-2477 zone
We got Day High(using MY HIGH find method)-correction sell 80% confirms
In 4hrs the market got bounce on small buy zone which is 2335-2320
Also we got 15min low(using MY LOW find method)-trend continues
but doesn't get CHOCH(doesn't cross 2319) confirmation in 15Mins...
If it sustains on 55.39 marked in the chart on 13th Dec, then it could pump to ( 60 --- 61 ) level with in (8th Jan to 9th Feb 2024)
Disclaimer:
It's a personal view not a financial advise and I assume no responsibility and liability whatever outcome arises.
sorry due to system problem cant update yesterday
GOLDUSD BUY correction done @ mar26 2.30pm...now we got low @ 2157.140
also 4h confirms the high @ 2200.487
using fibo we got 2 buy entry.... 1st zone@ 2174-2169...2nd zone @2160-2156
before that in 50% we got hidden ob@2178 it confirms 15m but only scalp entry we got...
yesterday night market hit 1st buy zone...
market unable to close above 4h high...
and 15mins correction sell high has been confrms...so market may go extreme buy zone use buy limit
which is in link...
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.
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.
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...
