Hdfc weekly has taken cup/rounding pattern breakout with a green close above neckline at all time high levels after an earlier momentum range shift move from sideways to bullish zones. Momentum on all timeframes are good.ADX shows trend strength rising on all timeframes as well. swing/ Positional trades can be taken with stops at candle below neckline and entry...
NSE:SANCO Sanco Industries Ltd. NSE:SANCO CMP: 10.10 Target: 13 ++ SL: 8.60 Timeframe: < 6 months Factors: BULLISH WEDGE BREAKOUT Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above RESISTANCE levels Trading at SUPPORT...
NIFTY 50 EOD ANALYSIS 01-11-21 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 17783.15 H 17954.10 L 17697.10 C 17929.65 EOD - +257 points / +1.46% India VIX = 17.24 /...
NSE:HDFC Observations: 1) On daily time frame, we can see it took support from 50DMA and managed to close above it's critical range of 2823-2828 level range. If it gives again a dip till 2823-2828 level range and gets support then it will be quick buy trade. Please refer below chart : 1day Time Frame. ------------------------------------- Trade...
HDFC was consolidating has fomed a cup and handle pattern. Trade with caution, Manage your risk and use appropriate position sizing.
HDFC forming cup and handle pattern in 1 day time frame. It gave a breakout of the pattern with above average volume and came for the retest . WE can buy if it makes any bullish candle closing above 2930. It is not giving any move because of the results that have to be declared on the 1st of November. If the results are positive we can see an upward move in the...
HDFC has given a breakout above its previous life time high which was tested three times and now it is trading succesfully above it, volume was above average during the breakout.Now it is a good time to enter long with a stop loss. Other indicators:- Momentum= RSI is in bullish zone i.e. above 60 on monthly, daily and weekly timeframe. Trend= ADX's value is...
NSE:HDFCLIFE HDFCLIFE can look for buy above 692/693 short term First target will be 699/702 second target will be 705 more to go up..
NSE:HDFC has given a bullish closing today. It can show some more momentum in the coming days.
HDFC BANK has formed a Triangle breakout in 1Hr tf and has confirmed long entry and is expected to give long target of 1764.(approx) P.S : Also expect a big move in nifty bank index Also check out my other Ideas and support me :)
After a 5 month consolidation, gave a good breakout. now its in uptrend, good MACD buy. Can enter now and enjoy the uptrend with patience or can wait till ATH resistance breakout at 2896 above. if the earnings are impressive on NOV1st the stock may give good/high returns. Importantly the volume is under consolidation, one high volume trade is enough to break the...
NSE:HDFC is showing good momentum. Volumes are also good.
NSE:HDFC Trade Setup for Date 22-10-2021: 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...
NSE:HDFC Trade Setup for Date 20-10-2021: Most of the levels will remains the same as per previous setup. 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,...
Typical Cup and Handle pattern in HDFC BANK. Also reaching its all-time high. Buy above 1640 for targets of 1679/17791878/220
After gap down HDFC AMC was consolidating around 2900 from and taking resistance 2920 level but in last trading session there was some volume which took the stock to around 2960 what i think is consolidation is over and we may see a good upside
Equity Trades for 18.10.2021. Equity option and equity cash segment.