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...
👑Royal Trade👑
CNXIT IMPORTANT LEVEL
we buy Put and my Target in videos
Dont buy any trade without stop loss
This is only level we upload new idea in morning 9.30
Buy when Market Break
The support or Resistance
and wait for the closing and
set stop loss at the
last opening of the candle.
NOTE
#We Are Not Promote Anything
#This channel Purpose to share...
Hope all are good. Important points marked for HDFC Bank. Currently HDFC is downward trend and seeing a gap in the chart. Strong stock good time to acquire more stocks, it will go down to marked points and will reverse.
If you are planning to hold for long collect in all dips.
Current issues are not a problem for HDFC Bank.
Disclaimer: Only for education...
NSE:HDFCBANK offers a range of banking services covering commercial and investment banking on the wholesale side and transactional/branch banking on the retail side.
Positives:
Company with high TTM EPS Growth
Good quarterly growth in the recent results
Effectively using Shareholders fund - Return on equity (ROE) improving since last 2 year
Efficient in...
HDFC Bank is forming a beautiful ascending triangle with a long base. Breakout above 1750 will lead to Targets of 2700+. Stay invested. Also have a look at volumes
- A bullish Flag formation on hourly chart, Trend is also looking strong as buyers are coming on every dip.
- Support Level keep eyes on 45800 to 45850
- Resistance on 46000 to 46100 Also its a round level most of the seller may get active
- Last friday also was a trending day let see for tomorrow might we can get good Entry & Exit
Note : Do your own analysis...
I am not holding HDFCAMC. You may book profits here
Disclaimer: This analysis is solely for educational purposes and does not make me a SEBI registered analyst.
If you found this analysis helpful, I encourage you to like and share it. Your observations and comments are also welcomed below. Your support, likes, follows, and comments motivate me to consistently...
hello guys welcome to Ramajitrade 🙏😊
Today Target is 1600+ We by CALL we achive this target 100%.
and please Trail your stop loss and try to hold.
#i m data trader my 90% Trade base on data treading i hope you like all my trade.
We Not Suggest you To Buy any Stock We just share our Ideas with you.
hello guys welcome to Ramajitrade 🙏😊
Today Target is 44,300 We by call we achive this target 100%.
and please Trail your stop loss and try to hold.
#i m data trader my 90% Trade base on data treading i hope you like all my trade.
We Not Suggest you To Buy any Stock We just share our Ideas with you.
hello guys welcome to Ramajitrade 🙏😊
Today Target is 44,100.00 and 43,900.00 we achive this target 100%.
Also i see fake breakout in sensex also retest in banknifty last day.
and please Trail your stop loss and try to hold.
#i m data trader my 90% Trade base on data treading i hope you like all my trade.
We Not Suggest you To Buy any Stock We just share our...
