Simple Trade Setup | HDFC | 12-11-2021 [ INTRADAY]NSE:HDFC
It has perfectly worked and traded in parallel support channel today. Please refer my previous idea of HDFC for better understanding.
All the levels remains same and most of the trade setup remains same for tomorrow as well.
Trade Setup for Date 12-11-2021:
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
Hdfcanalysis
Simple Trade Setup | HDFC | 11-11-2021 [ INTRADAY]NSE:HDFC
Observations:
1) On daily time frame, it has been taking support from 10DMA and today it gave good movement from 10DMA and made bullish candle. As far as it is above 10DMA it has chance to move above again.
10DMA is placed at 2911.09
Please refer below chart : 1 day Time Frame.
2) On 15min time frame, we can see that it is taking support from the parallel support channel and bouncing from it.
Please refer below chart : 15 min Time Frame.
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Trade Setup for Date 11-11-2021:
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
HDFC Analysis - 5th Wave OpportunityHDFC (Closing Price: 2896.15)
According to Elliott Wave theory, HDFC stock price will keep drilling upward. And we may see Housing Development Fin price at the following levels: 2986 - 3049 - 3153. But intraday traders should worry about the support trendline of the parallel channel because HDFC price may try to retest the support trendline before the trend continuation.
Simple Trade Setup | HDFC | 22-10-2021 [INTRADAY]NSE:HDFC
Trade Setup for Date 22-10-2021:
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
Simple Trade Setup | HDFC | 20-10-2021 [intraday]NSE:HDFC
Trade Setup for Date 20-10-2021:
Most of the levels will remains the same as per previous setup.
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
Simple Trade Setup | HDFC | 18-10-2021 [INTRADAY]NSE:HDFC
Observations:
1) On 1 day time frame, it took good support from 21DMA and closed above critical level 2800.
Please refer below chart : 1day Time Frame.
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Trade Setup for Date 18-10-2021:
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
Simple Trade Setup | HDFC | 11-10-2021 [ INTRADAY]NSE:HDFC
Observations:
1) On 1 day time frame, it is resting above the critical zone of 2695 to 2720 level. Also it closed slightly below 50DMA which is placed at 2725.01 level.
If it able to sustain above 2725 level then we can see again bullish trend in HDFC from this support level.
If it breksdown this support range 2695 level then we can see down move continue.
Please refer below chart : 1day Time Frame.
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Trade Setup for Date 11-10-2021:
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respsective level considering how price action works near that level.
Simple Trade Setup | HDFC | 29-09-2021 [INTRADAY]NSE:HDFC
It has almost the same chart as NIFTY.
Trade Setup for Date 29-09-2021:
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respsective level considering how price action works near that level.
Simple Trade Setup | HDFC | 27-09-2021 [INTRADAY]NSE:HDFC
Observations:
1) On Daily Time frame, it broke 10DMA on 23-09-2021 and on 24-09-2021 it took support from it and closed with green candle.
It has a characteristic to not to stay below 10 DMA for long time untill and unless there is some negative news about it.
Please refer below chart : Daily time frame.
2) On 30min time frame, it has made double bottom pattern and gave breakout. Next critical resistance is 2850 level.
Sustainable breakout of 2850 level will make it bullish till target of 2900-2930 level for short to mid term.
Please refer below chart : 30 min time frame.
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Trade Setup for Date 27-09-2021:
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respsective level considering how price action works near that level.
Levels for - 22 Sep 2021 EXPLANATION : This is a 15 Min time frame chart of HDFC , It has formed Cup & Handle Pattern // Swing Pattern , No trading zone marked in chart .
If you like this analysis of Stock give a Thumbs up // Like , let me know in comments below :)
Simple Trade Setup | HDFC | 17-09-2021NSE:HDFC
Trade Setup for Date 17-09-2021:
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL.
Simple Trade Setup | HDFC | 07-09-2021NSE:HDFC
Observations:
1)On 1hr time frame, it is making descending triangle pattern, in which it is making lower highs but keep on taking support from 2735-2740 level range.
Please refer below chart : 1hr time frame.
2) Also on 1hr time frame, if it continuous to complete double bottom pattern then it will be a good buy once it test the 2780-2782 level range and gets support from it.
Please refer below chart : 1hr time frame.
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Trade Setup for Date 07-09-2021:
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
HDFC Life Insurance View*Support Zone
*In a Range for many Days
*Falling Volumes
If 660 Support Zone break Short Tgt Is 620
if 679 Resistance zone will break then Long TGT Will be 720
*Always Enter With good confirmation & Maintain proper Risk Reward.
******* Knowledge Purpose only ********
I am not a SEBI registered adviser. All the information provided by me are for educational/informational purposes only. There have been no promises, guarantees or warranties suggesting that any trading/investing based on any information, will result in a profit or will not result in a loss.
>> Visit My Ideas Page for Daily Stock Analysis & check my previous stock analysis how accurate they are for Swing and Intraday Trades<<
HDFC POLE FLAG BREAKOUTHDFC Has give a pole flag breakout and looks bullish , we can expect it soon to reach at it ATH.
follow us for more ideas!!
HDFC: Breakout and RetestHDFC gave a breakout of a Channel consolidation.
Retested the level.
Now continuing the momentum.
Simple Trade Setup | HDFC | 11-08-2021NSE:HDFC
Simple Trade setup with levels for HDFC on 11-08-2021.
Levels and chart is easy to understand. Based on your skills and experience you can take trade on either side. If you are beginner then better to go with safe trade on breakout or breakdown of levels.
Further on daily time frame, it has tested it's previous resistance as well as breakout level of 2635 and took good support on 10-08-2021.
Please refer below daily time frame chart.
My personal view is bullish.
Hope I make it easy to understand trade levels and setup.
Do comment your doubt or suggestion.
all the best
HDFC Cup & Handle PatternWhat Is A Cup And Handle?
A cup and handle price pattern on a security's price chart is a technical indicator that resembles a cup with a handle, where the cup is in the shape of a "u" and the handle has a slight downward drift. The cup and handle is considered a bullish signal, with the right-hand side of the pattern typically experiencing lower trading volume.
What Does A Cup And Handle Tell You?
As a stock forming this pattern tests old highs, it is likely to incur selling pressure from investors who previously bought at those levels; selling pressure is likely to make price consolidate with a tendency toward a downtrend trend for a period of four days to four weeks, before advancing higher. A cup and handle is considered a bullish continuation pattern and is used to identify buying opportunities.
It is worth considering the following when detecting cup and handle patterns:
Length : Generally, cups with longer and more "U" shaped bottoms provide a stronger signal. Avoid cups with a sharp "V" bottoms.
Depth : Ideally, the cup should not be overly deep. Avoid handles that are overly deep also, as handles should form in the top half of the cup pattern.
Volume : Volume should decrease as prices decline and remain lower than average in the base of the bowl; it should then increase when the stock begins to make its move higher, back up to test the previous high.
HDFC - Coming out of accumulation soonKey Highlights:
1. Seems to be in re-accumulation
2. Moving in parallel channel
3. Constant manipulation of the lows
4. Swing failure pattern
5. Medium bullish divergence
6. Target: 2616, 2714, 2871
You are always advised to use an appropriate Risk-Reward ratio as per your strategy.
P.S: This is NOT investment advice. This chart is meant for learning purposes only. Invest your capital at your own risk.
HDFC LTD. FIB ARC IN THE CHART THERE IS 1-day HDFC LTD CHART MULTIPLE RESISTANCE AT 2619 BREAK THAN BUYING TARGET FOR POSITIONAL 2787, 2924, 3112
Bullish on Housing Development Finance Corporation (HDFC)Hey Guys,
Go long on HDFC Ltd for targets of 2800, 3000, 3400 in Upcoming sessions 1st two targets you can see by the end of this month but T3 will achieve expecting in next month
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 🎯 #nifty #nifty50 #banknifty #niftybank #hdfcNSE:HDFC
long trade keep on radar with strict SL as per given Harmonic pattern.
******whatever charts or levels sharing here are just for educational purpose only not a recommendation. please do your own analysis before taking any trade on them. we are not SEBI registered.
