DATE - 12th March 2024. HDFC Bank has breakout today with good amount of candle size and volume too. Applied Concepts Chart P. - Inverted H&S Positive Order Block from Daily Time Frame and Previous OB of Monthly TF as shown in chart. Only OB is not a good option so here we have applied FVG (Fair Value Gap) also, Price Action has successfully reversed...
Reason for going long on HDFC: Ichimoku: HDFC stock has been sideways for years but is slowly turning bullish after hitting strong Ichimoku cloud support at 1350. It is now crossing the Tenkan-sen (TS) and Kijun-sen (KS) on the monthly chart. Fibonacci + Fib Channel: When we draw the Fibonacci channel and Fibonacci extension of swings, it looks like HDFC is...
The stock looks bullish as per the price action. There was a consolidation and a break out after a gap up opening creating a gap. It has retest the break out zone and the gap is filled. HDFC Bank has taken a good support from 1480-90 zone as there is a confluence of 200 ema, retest and fib retracement levels. Entry :- Above 1528 Possible Targets :- 1556,...
Overview & Observation: 1. Solid consolidation happening since 2020. 2. Better to just watch it for now 3. Prices have started moving slowly from the demand zone. 4. PA structure is currently bullish forming HH-HL. 5. Overall strength and momentum are lacking. D TF: - Stay tuned for further insights, updates and trade safely! - If you liked the analysis,...
Topic - HDFCBANK Neutral Levels and Zone Tomorrow's movement Prediction of HDFC Bank Limited HDFCBANK appears to be in uptrend. But this trend seems to be weakening. Price is above an important level of 1535.09 on charts, and as long as price remains above this level, the uptrend of stock might continue. Tomorrow's movement Prediction of HDFC Bank Limited...
Topic - Banknifty Neutral Levels and Zone Tomorrow's movement Prediction of Nifty Bank NIFTY_BANK appears to be in uptrend. And this trend seems to be continuing further. Price is above an important level of 48964.07 on charts, and as long as price remains above this level, the uptrend of stock might continue. Tomorrow's movement Prediction of Nifty Bank...
Topic - TITAN Neutral Levels and Zone Tomorrow's movement Prediction of Titan Company Limited TITAN appears to be in downtrend. And this trend seems to be continuing further. Price is above an important level of 3339.86 on charts, and as long as price remains above this level, the uptrend of stock might continue. Tomorrow's movement Prediction of Titan Company...
Topic - TECHM Long Levels and Zone As on 06 Thu Jun 2024 Current price of Tech Mahindra Limited TECHM is 1317.45 and trend of stock is towards upside and stock can be bought for price targets of 1417.82, 1449.2 Tech Mahindra Limited TECHM Opened at 1285.00 & Closed at 1317.45 and moved inside a range of 1274.20-1323.60 Closing is 3.99% which is 50.55 points...
Topic - INFY Long Levels and Zone Tomorrow's movement Prediction of Infosys Limited INFY appears to be in downtrend. And this trend seems to be continuing further. Price is above an important level of 1436.68 on charts, and as long as price remains above this level, the uptrend of stock might continue. Tomorrow's movement Prediction of Infosys Limited INFY...
Banknifty " Wedge pattern " Now, currently Trading inside sideways level. . . Don't make complicated trade set-up.📈📉 Keep it " simple, focus on consistency "💹 Refer our old ideas for accuracy rate🧑💻 Valuable comments are welcomed-✌️ . Refer old ideas attached below
Add this to watchlist and wait for entry.👁️🗨️ 2024-2025 For short term investment ; Leave a " Like If you agree ".👍 . Wait for small retracement & daily candle to close above - "340". Avoid Trade untill PROPER ENTRY level. . Entry: 340 target: 400- 420- 478 sl: 315 major stoploss/ support: 290 . . Enter only if market Retrace and Breaks "Yellow box" ...
Stocks to Keep in Radar for Next Week ⏩ SBIN ⏩ NMDC ⏩ BHEL ⏩ DLF SBIN is consolidating in narrow range from past many sessions If decisively sustains outside the Box range, directional movement could be possible However in case of Bearish pattern at upper end of range it may come back to prev week's range Important downside support is around 800 zone whereas...
Topic - Sensex Neutral Levels and Zone Tomorrow's movement Prediction of BSE SENSEX SENSEX appears to be in downtrend. But this trend seems to be weakening. Price is above an important level of 31690.52 on charts, and as long as price remains above this level, the uptrend of stock might continue. Tomorrow's movement Prediction of BSE SENSEX SENSEX appears to be...
Bank Nifty showed opposite direction movement as compared to NIfty index today The Index bounced sharply from 48300 level after market opening & remained in positive zone. A Positive candle is formed on daily chart The imp upside hurdle is placed around 49100 level whereas downside support is around 47300/200 zone Track for price to form Price Action...
The HDFC Bank extended decline today, after marking its biggest single-day drop since March 2020.In the last two days alone, HDFC Bank has corrected more than 12%. This decline is fine but there's another picture to it which no one is talking about. While there is so much panic among investors and traders but this panic can be a good investment...
Bank is seen taking steps to reduce its employee cost and in chart pattern is indicating bullish pattern and price taking support with big range indicating bigger move on upside any time based on accumulation
NSE:LTTS This Guy Falls Almost 16.3% in Last 20 - Days Now at Support Zone ( Previous Resistance acts as Support Now ) Wait For Weekly Closing and Enter any Reversal confirmation.
NSE:ASTRAL This Break the 1 Year Consolidation Zone Wait For Weekly Closing How Weekly Candle Closing