HDFC
HDFC Bank BreakoutGiven breakout but the setup has not that good RR ratio. 1:1.
If anyone interested then should consider it.
The only thing make me willing to take trade as it is a market leadera in Banking and a giant one in Nifty50.
Leader of Bank at awesome valuationHDFCBANK is leader in PVT banks alteast for shareholders if not for consumers.
Stock is resting at good support for quite a while before this consolidation phase of market is over.
Do not miss this opportunity as many were crying for missed opportunity in the same stock few months back.
I am expecting new all time high soon.
Intraday levels for 17 May 2021 Education Purpose :
1. Price action
2. Respect trend lines
3. Stock goes in proper range
4. Support and Resistance .
HDFCLIFE can give Good Breakout on Channel Pattern Following Trend Line Respectfully .. Wait for Breakout
Still RSI Is not that much Weak .....
Coping Between Bulls And Bears
Stocks in My WatchList for long swingStocks in My WatchList for long swing
*Sbi life Insurance. Cmp 1000
*iciciprudential Cmp 561
*HDFC Cmp 2496.75
*Bajaj Finserv Cmp 11318
*Icici Lombard CMP 1449.95
*Axis bank Cmp 716
*PFCL Cmp 108.65
-Paurik Trivedi
#PNBHOUSING #50%+ #DHFL #LICHSGFIN #FINANCE #LOAN #HOUSINGFIN #PNBHOUSING
NSE:PNBHOUSING
CMP: 372.35
Target: 584
Stop Loss: 306
Time Frame: Less than 3 months
Factors:
Rising Volume with rising Prices.
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Retest Successful.
Higher High & Higher Low.
Broken above RESISTANCE
Trading at SUPPORT .
Fundamentals are strong.
Risk Return Ratio is healthy.
And
Bullish Wedge FLAG formed.
Compare with peers NSE:LICHSGFIN , NSE:DHFL , NSE:IBULHSGFIN , NSE:HDFC , NSE:HUDCO .
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With 💚 from Rachit Sethia
HDFC Ltd | Weak below 2360The stock looks below 2360 for the targets of 2260 and below.
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
IS HDFC Bank door Open for 1360 ???45 Min hour chart
just look at the today closing
Hdfc make LL LH and could not break one time this formation
Selling Volume above 20 MA
If Monday open below 1400
than can go for 1370 and than 1360 which is acted as strong support any pull back can possible from here
so its a nice setup for Monday Intraday
Any long initiated from the 1360 Support level if pulled back
I am not a SEBI registered adviser. All the information provided by me are for educational/informational purposes only. Never invest more then 2 % Capital In Single trade. Trade on your own Risk and analysis
HDFC Bank not able to get expel from hand of Bear The current situation is not able to generate thrust and not able to break the upper trend line,as soon as the candle touch it huge shorting position appear derivative segment is also indicating short position view for a while as today it touches line and added a bearish candle with 1 more in progress , so short it
HDFC AnalysisWyckoff accumulation
CMP best to buy
T1 = 3000 (probability 90%)
T2 = 3180 (probability 60%)
HDFC: CHANNEL BREAKOUTHDFC has given a breakout of a downward parallel channel on the hourly chart.
Right now it is retesting the upper level of the channel. It would be interesting to see how the price moves from here on.
50MA is also near 200MA.......about to form a Golden Cross.
If the price takes support from here and crossover of 50MA and 200MA happens, we can see a continuation of the recent bullish momentum.
Looking at the current market scenario of fear due to COVID-19 be cautious while trading. There are chances of profit booking as the price has given a good momentum in a short span of time.
HDFC - SwingStock has bounced from support zone. Buy above 2535 for target of 2590, 2617 and 2668 with SL of 2480
P.S. Stock might come down tomorrow, so buy only above right level
Break in Trendline - HDFCChart breaking up in 2 hours chart must touch 2670 in subsequent days/ weeks
HDFC LtdHDFC Ltd - Cmp 2415
Looks good to long with SL 2360 on closing basis.
Reason:
Bullish divergence.
Favorable risk reward as close to support area
HDFC ---- entry in 5th waveONLY FOR RISKY TRADER .... BUY ONLY 5 shares(warning)
Nifty is also just to reach 14070-14050 as you can see my previous chart
and HDFC - 2370
it is a good chance to buy HDFC which is going to long with nifty...
short term target -- 3000
