HDFC Took Support In weekly ChartHDFC took support & Friday News support of Finance ministry On FPI
chance to open gap up & meet our TGT 2139 soon Enjoy positive Week ................
HDFC
HDFC LTD BEARISH TREND ABOUT TO STARTHDFC LTD 2100
BELOW 2090 IT CAN TEST AGAIN 2050...2000.....1950
HDFC price ction and channel trade set uphdfc ltd respected channel again and may hold for a while but overall looks very weak thus for trading stop loss long side will be yesterday low while for short opportunity wait and pull trigger
HDFC CHART ANALYSISHDFC chart analysis, HDFC interim support rests at 2000-2010 around that it must take retracement to statisfy the long trend line, a closing below 2108 can take it upto 2050 levels then further downwards and upcoming resistance is being observed at 2192 after which a closing and a follow up can give good move in HDFC. Support and resistance are still yet to be confirmed and HDFC can show up some bounce and then may take support around 2050 levels Please consult your financial advisor before trading.
HDFC longBullish for R1, R2, R3 as targets mentioned on the chart.
SL 2126
Use dips near 2155/65, or as per your strategy for given targets.
Regards
Sharma Yogesh
axis bank setupthe stock had seen a good fall from past couple of days and hads successfully filled the gap , while other stock like icici sbin kotak may witness a fall , this along with hdfc bank and rbl bank can give a good upside retracement.
rbl bank rbl bank due to its managements comment on gross NPA had corrected sharply
the stock on both long term and short term is good to accumulate
HDFC BANK SHORT TERM BULLISH AND LONG TERM BEARISHHDFC BANK SHORT TERM BULLISH AND LONG TERM BEARISH
HDFC - Short Term Bearish - Target 2220 & 2191HDFC is in range bound and touch the top of short term trend channel.
Incase the price break out the channel then this analysis is void. Need to keep Stop loss accordingly
Target 1 : 2220
Target 2 : 2191
Target Date : 26th Jul, 2019 (Chart is price vs time, so generally i predict time as well.
Personally, I square off my trade if the target date is crossed.)
HDFC Looking BearishBearish divergence forming on both RSI and MACD, need price action confirmation and then short.
Adding this in my watch list.
Thanks for your time!!!
HDFC Bank | Trendline Break - Shows weaknessHDFC Bank has cut below a rising Trendline showing weakness along with overall market. Upcoming support area between 2400 & 2410 is very crucial. Any level to which the price could react as support should be the mentioned range around 2400. Below that level, the stock could well drag down to 2320-2340 region.
(Disclaimer: Our charts and contents are just for the purpose of analysis, learning and general discussion. Do not consider these as trading tips or investment ideas. Trading in Stocks, Futures and Options carry risk and is not suitable for every investor. Hence it is important to do your own analysis before making any investment or trading decisions based on you personal circumstances and it is always better to take advice from professionals)
