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HDFC

Simple Trade Setup | HDFC | 13-01-2022 [INTRADAY]NSE:HDFC Observations: 1) On 1hr time frame, we can see that it gave breakout of channel resistance and it below the range of 2750-2765. Breakout of this range can give up move. Please refer below chart : 1hr Time Frame. ------------------------------------- Trade Setup for 13-01-2022 1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action. 2) Everything is mentioned on the chart. I hope it is easy to understand. 3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level. 4) Avoid gap up or gap down chase. Wait and trade between levels. Please refer below chart for levels. Hope I made it easy to understand it. Do comment your doubt or suggestion. Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
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by Trading_hawk
HDFC --FLAG BREAKOUT - BULLISHHDFC find Flag Breakout Pattern on Daily Chart ..Stock corrected from 3000 sub level to 2500 level made double bottom around 2500 sub level and last candle on daily chart is BULLISH heikin ashi candle ..at exactly support 200 SMA , same candle breakout candle of flag pattern . this all indication of bullish trend onward. this Stock i good mid-term as well as investment pick can give 20-30% profit in 2-3 month mid -term. Techncial Indicators 1. Flag Pattern Bullish Breakout 2. Double bottom formation 3. 200 SMA support 4. Golden cross 5. MACD Bullish 6. RSI at Mid Range BUY HDFC @ 2710 TARGET 1 - 2900 TARGET 2- 3000 ( 2-3 Months ) STOP LOSS 2570 ** This idea can helpful purpose of study of Technical Anlysis ...please do own anlysis ..call at own risk. !! WISH YOU HAPPY TRADING. !!
HLong
by champtrade111
Nifty batting 18003, Bank Nifty 38347. Will this rally sustain?NIFTY 50 EOD ANALYSIS 10-1-22 In this post, I talk about the analysis for the day and the trading range for tomorrow. The video discusses with the help of the charts how the indices as well as leading stocks performed during the day and their likely play tomorrow. O 17913.30 H 18017.45 L 17879.15 C 18003.30 EOD +190.60 points / +1.07% SGX Nifty 10-1-22 @ 1905h = -42 FII DII = Not yet available CHART BASED CONCLUSIONS using 5 Minutes Chart Nifty opened with a gap-up of 100 points and after the initial hesitation and break of the opening low, it resumed its journey on the way up. It then faced resistance around 17960-70 and then made another attempt to cross the level and failed and fell back to 17900 zone and then just before noon, it made a steady yet choppy ride up the ladder. Nifty closed above 18000 and has now broken the great resistance at 18000. The indices have made higher highs and higher lows. NIFTY WEIGHT LIFTERS & DRAGGERS Top 5 Lifters contributed = 103 Top 5 Draggers contributed = 17 Net = +86 BANK NIFTY WEIGHT LIFTERS & DRAGGERS Top 3 Lifters contributed = 437 Top 3 Draggers contributed = 01 Net = +436 POSITIVES Nifty closed above 18000 and Bank Nifty well above 38200. Infosys regained its positivity and led from the front. It is also good to see HDFC managing to stay well above 2600 and helping Nifty gain steadily. ICICI Bank, SBIN, and Kotak Bank lifted Bank Nifty yet again. NEGATIVES TCS fell 100 points from its opening high. India Vix has not yet cooled down despite the indices going up so strongly. Reliance barely managed to stay positive and this could prove to be a worrisome scrip. TRADING RANGE FOR 10 JAN 22 Nifty support = 17600-700 Nifty resistance = Every 50 points Bank Nifty Support = 36800-37000 Bank Nifty resistance = 38500-38700-39000 INSIGHTS / OBSERVATIONS The underlying tone of the indices was very strong as Nifty low was 60+ points above the close of 7-1. Likewise, Bank Nifty low was almost 200 points above the close of 7-1-. These two levels would now act as important supports and the gap between the two would attract the indices as and when there is some sort of profit booking or compliance with the global cues. On the back of a buy-back offer, TCS made an opening high of 3979 and then lost 100 points and ended the day at 3879. So the euphoria was over and those who had the news already banked gains and brought down the scrip to level. It is a bit surprising that the indices have ignored the negative sentiment in FTSE and closed on a very strong note. To some extent, this is worrisome as well. If and when they correct, that is likely to be sharp and quick. Even the domestic cues on the Covid front are not encouraging and India Vix has also not cooled down, yet even sensitive scrips like IRCTC, IndiGo, and Inox Leisure have performed well. This in a way is a good sign as long as it indicates the ability of these companies to weather the adverse impacts. What do you feel about this? Here is the link to the video: youtu.be Thank you, and Happy Money Making! Umesh 10-1-22 Not SEBI registered The post is for educational & informational purposes only. ---
NSE:NIFTY
by AVENUESOFINVESTMENT
2
HDFC Looks very bearish on Chart for short termI am looking for a breakout and will trigger trade after confirmation as it is already fallen very much. Keep eye on volume formation as the volume are more reliable in such situation. HDFC is very bearish making inverted flag pattern in 1 hr time frame Nifty is also at its upper end of the channel which add more safety to this trade . My advice is that look for a potential entry with small sl. because the recovery in this situation will be very sharp so giving too much on a single trade is not a wise thing. Again find small SL
HShort
by TRADEWITHFUN247
8