HDFC
HDFC BANKWait And Watch ??
Look for Low risk, High reward, and High Probability setups-
Things to Remember while Trading with the Trend
1. Know what the trend is.
2. The best trades are made in the direction of the trend.
3. Assume that the main trendline or moving average will hold.
4. The longer the moving average is, the better it defines the trend.
5. Wait for the pullback.
6. Don’t chase the market.
7. Don’t fight the market.
8. Even in the strongest trends there should be some retracement.
9. The closer the market is to the trendline, the better the risk/reward ratio is.
10. Use ADX to determine the strength of the trend.
11. Higher the level of ADX , the stronger the trend, below 20 consider the market to be choppy
12. Hold trades longer in a strong trend.
13. Wait for confirmation of a trendline breaking before reversing position.
14. Know where the Support levels are.
15. Place stops outside the Support levels.
Thank You..
Head and Shoulder with Megaphone on HDFC
Looks a small scalping for intraday traders. Breaking of structure will give a strong and quick move.
BULLISH SETUP: HDFCAs can be seen from the above analysis
1) The price if taking support from 200 days EMA.
2) Stock is currently taking strong support through trendline as well as previos resistance point.
HDFC retest Range 2376 to 2290HDFC retest Range 2376 to 2290
Wave 4: Wave four is typically clearly corrective.
Prices may meander sideways for an extended period.
And wave four typically retraces less than 38.2% of wave three.
Volume is well below that of wave three.
Chandresh_T
HDFC ltd parallel channel.HDFC ltd s in good run now trading in parallel channel. It may test 2950 and 3250 in 3-6 month view.
HDFC ltd parallel channel long ideaHDFC ltd parallel channel long idea. It can long for target 2828 time period 3-6 month.
HDFC - Ichimoku Bullish Breakout Stock Name - Housing Development Finance Corporation Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 2464
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
# Cloud Trading
# Ichimoku Cloud
# Ichimoku Followers
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HDFCNSE:HDFC
One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
Close should be good, and Clean.
R:R ratio should be 1 :2 .
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose
HDFC;EASY 20 PERCENTbullish on hdfc as fii back & it is making hh-hl on daily time frame & currently in a range ; anytime blast ; keep on track; fundamentally also good;
HDFCHDFC now consolidate in 30 min timeframe as per long term view bullish and short term also chance to spike in price till 2400
HDFC;BREAKOUT SOONHDFC;keep on track; long consolidation;Fii are back so we can expect a breakout & 20 percent move ; buy only after breakout ; hold it for 2 to 3 months for quick 20 percent gain;
HDFC Analysis | Weekly forcastThe trend is bullish.
Upside Gap is 2362.
Once 2333 is taken away & sustained, we can enter with PCL sl.
RR will be good.
HDFCWait And Watch ??
Look for Low risk, High reward, and High Probability setups-
Things to Remember while Trading with the Trend
1. Know what the trend is.
2. The best trades are made in the direction of the trend.
3. Assume that the main trendline or moving average will hold.
4. The longer the moving average is, the better it defines the trend.
5. Wait for the pullback.
6. Don’t chase the market.
7. Don’t fight the market.
8. Even in the strongest trends there should be some retracement.
9. The closer the market is to the trendline, the better the risk/reward ratio is.
10. Use ADX to determine the strength of the trend.
11. Higher the level of ADX , the stronger the trend, below 20 consider the market to be choppy
12. Hold trades longer in a strong trend.
13. Wait for confirmation of a trendline breaking before reversing position.
14. Know where the Support levels are.
15. Place stops outside the Support levels.
Thank You..
BUY HDFC 2220 CE for JULY Month ExpiryBuy HDFC 2220 CE for July month Expiry, If it is sustain above 2220 in 1 HOUR Chart.
Risk Reward Ratio is Good in this Trade set up.
Have Strict Stoploss and Exit if Price breaches 2220