#HDFC Reversal Levels NSE:HDFC
📌 To Trade on This Chart, You Should Have Reversal Trading Knowledge. As Harmonic is One Of The Best Reversal Trading Strategy, But Always Remember That Harmonic Patterns Also Can Fail (there is no holly grail In Stock Market). That's Why One Should Must Have Knowledge Of Reversal Trading To Trade On Harmonic Patterns.
📌 That Dash Line Is Called PRZ, From That Dash Line To that Horizontal Simple Line Area Is Whole PRZ(Price Reversal Zone).
Note:- As Per this harmonic pattern , stop loss is quite big, so Trade on reversal only if you don’t know what is reversal, Kindly note that and ask in live session so next time you could be able to identify reversal by your self. Even ask doubts in comments, below.
******whatever charts or levels sharing here or on any other platforms are just for educational purpose only, Not A Recommendation To Buy Or Sell. Please do your own analysis before taking any trade on them. We are not SEBI registered.
HDFC
HDFC - Simply SetupHDFC has been following the parallel channel and currently at the bottom end of the channel. It is also at a strong support area.
HDFC BANKHDFC BANK CMP 1371
Head and Shoulders pattern on daily charts
according to technical analysis the stock may see selling pressure in near term
Good time for accumulationNSE:HDFCLIFE
Guys start buying hdfc life but be very careful and take positions little by little. Like if I have to invest 100 rupees in the stock I would take a position of 10 rupees(if brave enough take a position of 25 rupees) now and increase it strategically. The stock currently trades at a P/E of 90+ so we may have further corrections but a great time to accumulate this gem. We can later average upwards if needed.
HDFC buying opportunity 2249/-HDFC buying opportunity 2249/- , as Fibonacci support may protect this from bears..
HDFC : Taking support, Potential Higher LowHDFC is taking support at shown area with higher volumes. We can go long if it creates a higher low (HL) above the support area.
NSE:HDFCBANK LongNSE:HDFCBANK
#NSE:HDFCBANK bouncing from the same support and created new support and resistance, Both marked on chart.
Trade accordingly, Still got any doubts can ping me.
HDFC - Forming a classic double top. HDFC - Forming a classic double top. A breakout below 2365 will complete double top which could send the stock down substantially
HDFC lifeHDFC life :
Reasons/Traits :
* Bullish Bat formation can be seen
* It can also be called as Bear Pattern 1-2-3 (Entry stop loss marked); 1:2/3/4 can used as risk reward if it follows
* Price took support @ 0.786 fib retracements levels
* Price also took support @ 200 EMA while 20 EMA cuts 50 EMA from top
* Falling RSI, Stoch and MACD
What can happen next :
Scenario 1 : Price sustaining above 694 level can take it to 700/710/720/740/760/775 levels
Scenario 2 : Price break down below 682 levels can take it 670/656/644 levels
Disclaimer : This analysis is only for educational purpose and not be considered as any trading idea/tip. Please consult your financial advisor before you take any trade and we are no way responsible for your profits/losses. Thank you!
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HDFCBANK SwingScript : HDFC-BANK
SL 1430
Breakout above 1540, Targets : 1570/1675/1720++
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📊 #HDFC Swing Trade Opportunity 🎯NSE:HDFC
📌It can Reverse From CMP As Well, but if activate pattern then that would be good for healthy up move.
📌 To Trade on This Chart, You Should Have Reversal Trading Knowledge. As Harmonic is One Of The Best Reversal Trading Strategy, But Always Remember That Harmonic Patterns Also Can Fail (there is no holly grail In Stock Market). That's Why One Should Must Have Knowledge Of Reversal Trading To Trade On Harmonic Patterns.
📌 That Dash Line Is Called PRZ, From That Dash Line To that Horizontal Simple Line Area Is Whole PRZ(Price Reversal Zone).
******whatever charts or levels sharing here or on any other platforms are just for educational purpose only, Not A Recommendation To Buy Or Sell. Please do your own analysis before taking any trade on them. We are not SEBI registered.
HDFCBANK Pure consolidationI don't need to tell you...Banknifty has underperformed since the pandemic. But now its looking like hdfc bank is in its cusp of make or break zone. It is worth to add this bank to your watchlist.
HDFC- Swing trade#HDFC
Buy- 2550-2590
Sl-2440
T- 2800 2955
RR is good here. Firstly the stock has fallen from 300 levels. Time for a pullback. This is aggressive buy. As trendline has not been broken. Safe traders can buy after trendline breakout.
HDFC LOOKING A GOOD BUYHDFC Ltd looks good to buy above 2515 for upper marked targets on the chart until 2445 is intact on the closing basis.
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
HDFC Asset management CMP 2275 buy in the range of 2200-2000 THDFC Asset management CMP 2275
buy in the range of 2200-2000
Target 2500-2690- 2950- 3100- 3285-3400+
sl below 1950
Swing Trade - Holding period 6-8 months
Aavas- Flying in expectation from BudgetBreaking out from a range of more than 6 months. Expectation of housing sector benefit from Budget. Let's go!
HDFC approaching demand areaThere are multiple times the price took support in this area so it migh be considered a demand region. If the chart prints a bullish weekly closing here then the uptrend might resume.
Is it worth buying HDFC at lows ? HDFC is trading in an attractive zone for investors. Perfect time for people who were waiting to imply buy on dip strategy.
Fundamentally strong.
Technically a buy at the lower end of bollinger band.
Risk reward highly favourable at current levels.
The idea shared is only for educational purpose.
HDFC BANK looking to take a good supportA very long parallel channel support. With small SL one can go long on HDFC bank.
