HDFCBANK
HDFCBANK | Investment Pick📊 DETAILS
Sector: Bank - Private
Mkt Cap: 1,145,858 cr
The Housing Development Finance Corporation Limited (HDFC) was amongst the first to receive an 'in principle' approval from the Reserve Bank of India (RBI) to set up a bank in the private sector. HDFC Bank is a publicly held banking company, the bank was incorporated in August 1994 in the name of 'HDFC Bank Limited', with its registered office in Mumbai, India. It is engaged in providing a range of banking and financial services including retail banking, wholesale banking and treasury operations. It is promoted by HDFC Ltd. which has 19.32% stake as on September 30, 2020. Currently, HDFC Bank Ltd. (HBL) is the largest private sector bank in India.
TTM PE : 21.03 (Average PE)
Sector PE : 23.70
Beta : 1.12
📚 INSIGHTS
Mid-range performer
Stock with medium financial performance with average price momentum and valuation. These stocks may be affordable and are showing some investors interest.
14.10% away from 52 week high
Underperformer - HDFC Bank down by -2.04% v/s NIFTY 50 down by -0.29% in last 1 month
📈 FINANCIALS
Piotroski Score of 5/9 indicates Average Financials
Disclaimer: This analysis is for educational purposes only, and I'm not a SEBI registered analyst.
If you found this analysis helpful, I encourage you to like and share it. Your observations and comments are also welcomed below. Your support, likes, follows, and comments motivate me to consistently share valuable insights with you.
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#Largecaps #HRITIK stocks Over last few weeks, there had been too many posts on SM which were shared about some of the large cap names which have provided zero return over last "x" many months.
That intrigued me to understand the concept of timewise correction.
The composite chart of major large cap of Nifty or as they say HRITIK (+few others) stocks suggest that they have gone through similar timewise correction cycle of of almost 26 weeks where they had provided zero return in back in 2015 to 2017 and from there on the did rallied significantly about 40-50% before showing any sign of major price correction.
The current pattern from 2021 to 2023 is also very similar to what happened back then, and the current weekly closing suggest a big breakout on weekly charts, Will these stock show similar move as they did back in past is only time can tell us but as they say history always repeats itself and also as someone said " Elephants, large caps, take their own time.
And, when they move, only astonishment is left .", So may be time is right for them to start leading the Indian Market
The composite chart contain below stocks in it.
HDFCBANK
RELIANCE
ICICIBANK
TCS
INFY
KOTAKBANK
ITC
AXISBANK
SBIN
Trading Gyan 👑👑🤑💸💸💸💸💸
Technical trading is a broader style that is not necessarily limited to trading. Generally, a technician uses historical patterns of trading data to predict what might happen to stocks in the future. This is the same method practiced by economists and meteorologists: looking to the past for insight into the future.
NOTE
#We Are Not Promote Anything
#This channel Purpose to share market ideas.
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Topic Trading Things
Topic - Option Trade and Trading 💸💸💸💸👑🤑
#If u Buy stock without stop loss that mean U are weak in Physiology
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How to make Big Profit💸 With Small Account
In this video we try to Identify Trend and Entry By Big Bull👑🤑🤑💸💸
How market really work with number's
How important is option chain analysis?
The option chain analysis data provides a very comprehensive view for all the available options for any particular underlying asset. This helps in understanding and selecting the correct option for trading or investment purpose.
Difference between technical analysis and option trading
Technical analysis and options trading can go hand in hand. Many of the best practices for options trading come directly from technical analysis concepts. Technical analysis focuses on price. Fundamental analysis does not solely focus on price.
why we learn option chain?
Option chain is a chart that will give in-depth information related to all stock contracts available for Nifty stocks. The best thing about the option chain is that it provides valuable information about the current security value and how it will affect it in the long term.
What is the purpose of option chain?
It can be used in creating an option strategy at several strike prices. It can be used to analyse and draw noteworthy insights about the stock and its probable movements. It helps the traders in evaluating the liquidity and the depth of the option contract.
Technical trader
Technical trading is a broader style that is not necessarily limited to trading. Generally, a technician uses historical patterns of trading data to predict what might happen to stocks in the future. This is the same method practiced by economists and meteorologists: looking to the past for insight into the future.
NOTE
#We Are Not Promote Anything
#This channel Purpose to share market ideas.
Thanks for Watching🙏
Nifty Price Action.As per chart, Nifty has given triangle pattern break out. It was Retested triangle pattern support and successfully bounced from19250. Nifty also break all time high 19995 which is bullish sign for considerable gain now. It may consolidate here and then resume it's upward journey towards 21320 and 23320 soon.
Banknifty Trade🤑👑💸💸💸👑Royal Trade👑
BANK NIFTY IMPORTANT LEVEL
45869 // 45788 // 45734 // 45613 // 45558 // 45488 // 45292 // 45158 // 44901 // 44796 // 55561 // 44410
This is only level we upload new idea in morning 9.30
Buy when Market Break
The support or Resistance
and wait for the closing and
set stop loss at the
last opening of the candle.
NOTE
#We Are Not Promote Anything
#This channel Purpose to share market ideas.
Thanks for Watching🙏
Technical analysis or Option Analysis👑💸💸💸💸💸💸💸💸👑Royal Trend👑
Topic Trading Things
Topic - Option Trade and Trading 💸💸💸💸👑🤑
#If u Buy stock without stop loss that mean U are weak in Physiology
#Train Your self To take small trade with Stop-loss
How to make Big Profit💸 With Small Account
In this video we try to Identify Trend and Entry By Big Bull👑🤑🤑💸💸
How market really work with number's
How important is option chain analysis?
The option chain analysis data provides a very comprehensive view for all the available options for any particular underlying asset. This helps in understanding and selecting the correct option for trading or investment purpose.
Difference between technical analysis and option trading
Technical analysis and options trading can go hand in hand. Many of the best practices for options trading come directly from technical analysis concepts. Technical analysis focuses on price. Fundamental analysis does not solely focus on price.
why we learn option chain?
Option chain is a chart that will give in-depth information related to all stock contracts available for Nifty stocks. The best thing about the option chain is that it provides valuable information about the current security value and how it will affect it in the long term.
What is the purpose of option chain?
It can be used in creating an option strategy at several strike prices. It can be used to analyse and draw noteworthy insights about the stock and its probable movements. It helps the traders in evaluating the liquidity and the depth of the option contract.
Technical trader
Technical trading is a broader style that is not necessarily limited to trading. Generally, a technician uses historical patterns of trading data to predict what might happen to stocks in the future. This is the same method practiced by economists and meteorologists: looking to the past for insight into the future.
NOTE
#We Are Not Promote Anything
#This channel Purpose to share market ideas.
Thanks for Watching🙏
How to Trade in Market🙏👑🤑👑Royal Trend👑
Topic Trading Things
Topic - Option Trade and Trading 💸💸💸💸👑🤑
#If u Buy stock without stop loss that mean U are weak in Physiology
#Train Your self To take small trade with Stop-loss
How to make Big Profit💸 With Small Account
In this video we try to Identify Trend and Entry By Big Bull👑🤑🤑💸💸
How market really work with number's
How important is option chain analysis?
The option chain analysis data provides a very comprehensive view for all the available options for any particular underlying asset. This helps in understanding and selecting the correct option for trading or investment purpose.
Difference between technical analysis and option trading
Technical analysis and options trading can go hand in hand. Many of the best practices for options trading come directly from technical analysis concepts. Technical analysis focuses on price. Fundamental analysis does not solely focus on price.
why we learn option chain?
Option chain is a chart that will give in-depth information related to all stock contracts available for Nifty stocks. The best thing about the option chain is that it provides valuable information about the current security value and how it will affect it in the long term.
What is the purpose of option chain?
It can be used in creating an option strategy at several strike prices. It can be used to analyse and draw noteworthy insights about the stock and its probable movements. It helps the traders in evaluating the liquidity and the depth of the option contract.
Technical trader
Technical trading is a broader style that is not necessarily limited to trading. Generally, a technician uses historical patterns of trading data to predict what might happen to stocks in the future. This is the same method practiced by economists and meteorologists: looking to the past for insight into the future.
NOTE
#We Are Not Promote Anything
#This channel Purpose to share market ideas.
Thanks for Watching🙏
Bank-nifty call trade💸😊🙏🤑🤑🤑👑Royal Trade👑
BANK NIFTY IMPORTANT LEVEL
WE BUY Call AND TARGET LEVEL IN VIDEO
45869 // 45788 // 45734 // 45613 // 45558 // 45488 // 45292 // 45158 // 44901 // 44796 // 55561 // 44410
This is only level we upload new idea in morning 9.30
Buy when Market Break
The support or Resistance
and wait for the closing and
set stop loss at the
last opening of the candle.
NOTE
#We Are Not Promote Anything
#This channel Purpose to share market ideas.
Thanks for Watching🙏
GMM Pfaudler Ltd or GMMPFAUDLER 🤑💸👑🙏🤑🤑👑Royal Trend👑
Topic Trading Things
Topic - Option Trade and Trading 💸💸💸💸👑🤑
#If u Buy stock without stop loss that mean U are weak in Physiology
#Train Your self To take small trade with Stop-loss
How to make Big Profit💸 With Small Account
In this video we try to Identify Trend and Entry By Big Bull👑🤑🤑💸💸
How market really work with number's
How important is option chain analysis?
The option chain analysis data provides a very comprehensive view for all the available options for any particular underlying asset. This helps in understanding and selecting the correct option for trading or investment purpose.
Difference between technical analysis and option trading
Technical analysis and options trading can go hand in hand. Many of the best practices for options trading come directly from technical analysis concepts. Technical analysis focuses on price. Fundamental analysis does not solely focus on price.
why we learn option chain?
Option chain is a chart that will give in-depth information related to all stock contracts available for Nifty stocks. The best thing about the option chain is that it provides valuable information about the current security value and how it will affect it in the long term.
What is the purpose of option chain?
It can be used in creating an option strategy at several strike prices. It can be used to analyse and draw noteworthy insights about the stock and its probable movements. It helps the traders in evaluating the liquidity and the depth of the option contract.
Technical trader
Technical trading is a broader style that is not necessarily limited to trading. Generally, a technician uses historical patterns of trading data to predict what might happen to stocks in the future. This is the same method practiced by economists and meteorologists: looking to the past for insight into the future.
NOTE
#We Are Not Promote Anything
#This channel Purpose to share market ideas.
Thanks for Watching🙏
HDFC BANK Long Trade.Right Time to Invest in HDFC BANK.
Buying Range : 1615 to 1620
Stop Loss : @1595
Targets : 1650/1680/1725/1775/1840 ++++++
Reasons to Buy:
1: HDFC bank following a channel from past one year, and now again taking support from the channel low i.e. @1615.
So basis idea is that, we will follow the price up to channel high (i.e. @1775-1840).
2: RSI is about to oversold. As observed whenever RSI was found below 35 then the movement was shifted to upside.
3: Good fundamentals
4: Good Risk to Reward ratio.
Thanks
Disclaimer: This idea is only for the Educational purpose. Trade at your own risk.
If you like the idea kindly support.
Infy trade setup🤑💲🙏😊👑Royal Trend👑
Topic Trading Things
How to make Big Profit💸 With Small Account
In this video we try to Identify Trend and Entry By Big Bull👑🤑🤑💸💸
How market really work with number's
How important is option chain analysis?
The option chain analysis data provides a very comprehensive view for all the available options for any particular underlying asset. This helps in understanding and selecting the correct option for trading or investment purpose.
Difference between technical analysis and option trading
Technical analysis and options trading can go hand in hand. Many of the best practices for options trading come directly from technical analysis concepts. Technical analysis focuses on price. Fundamental analysis does not solely focus on price.
why we learn option chain?
Option chain is a chart that will give in-depth information related to all stock contracts available for Nifty stocks. The best thing about the option chain is that it provides valuable information about the current security value and how it will affect it in the long term.
What is the purpose of option chain?
It can be used in creating an option strategy at several strike prices. It can be used to analyse and draw noteworthy insights about the stock and its probable movements. It helps the traders in evaluating the liquidity and the depth of the option contract.
Technical trader
Technical trading is a broader style that is not necessarily limited to trading. Generally, a technician uses historical patterns of trading data to predict what might happen to stocks in the future. This is the same method practiced by economists and meteorologists: looking to the past for insight into the future.
NOTE
#We Are Not Promote Anything
#This channel Purpose to share market ideas.
Thanks for Watching🙏
bank nifty Trade🤑💸👑🙏👑Royal Trade👑
BANK NIFTY IMPORTANT LEVEL
WE BUY Call AND TARGET LEVEL IN VIDEO
45869 // 45788 // 45734 // 45613 // 45558 // 45488 // 45292 // 45158 // 44901 // 44796 // 55561 // 44410
This is only level we upload new idea in morning 9.30
Buy when Market Break
The support or Resistance
and wait for the closing and
set stop loss at the
last opening of the candle.
NOTE
#We Are Not Promote Anything
#This channel Purpose to share market ideas.
Thanks for Watching🙏
How to trade in option market 💸🙏😊 👑Royal Trend👑
Topic Trading Things
Topic - Option Trade and Trading 💸💸💸💸👑🤑
#If u Buy stock without stop loss that mean U are weak in Physiology
#Train Your self To take small trade with Stop-loss
How to make Big Profit💸 With Small Account
In this video we try to Identify Trend and Entry By Big Bull👑🤑🤑💸💸
How market really work with number's
How important is option chain analysis?
The option chain analysis data provides a very comprehensive view for all the available options for any particular underlying asset. This helps in understanding and selecting the correct option for trading or investment purpose.
Difference between technical analysis and option trading
Technical analysis and options trading can go hand in hand. Many of the best practices for options trading come directly from technical analysis concepts. Technical analysis focuses on price. Fundamental analysis does not solely focus on price.
why we learn option chain?
Option chain is a chart that will give in-depth information related to all stock contracts available for Nifty stocks. The best thing about the option chain is that it provides valuable information about the current security value and how it will affect it in the long term.
What is the purpose of option chain?
It can be used in creating an option strategy at several strike prices. It can be used to analyse and draw noteworthy insights about the stock and its probable movements. It helps the traders in evaluating the liquidity and the depth of the option contract.
Technical trader
Technical trading is a broader style that is not necessarily limited to trading. Generally, a technician uses historical patterns of trading data to predict what might happen to stocks in the future. This is the same method practiced by economists and meteorologists: looking to the past for insight into the future.
NOTE
#We Are Not Promote Anything
#This channel Purpose to share market ideas.
Thanks for Watching🙏
Banknifty Intraday 👑Royal Trade👑
BANK NIFTY IMPORTANT LEVEL
WE BUY Put AND TARGET LEVEL IN VIDEO
45869 // 45788 // 45734 // 45613 // 45558 // 45488 // 45292 // 45158 // 44901 // 44796 // 55561 // 44410
This is only level we upload new idea in morning 9.30
Buy when Market Break
The support or Resistance
and wait for the closing and
set stop loss at the
last opening of the candle.
NOTE
#We Are Not Promote Anything
#This channel Purpose to share market ideas.
Thanks for Watching🙏
Bajajfinance or BAJFINANCE Trade👑Royal Trade👑
BAJFINANCE IMPORTANT LEVEL
Dont buy any trade without stop loss
This is only level we upload new idea in morning 9.30
Buy when Market Break
The support or Resistance
and wait for the closing and
set stop loss at the
last opening of the candle.
NOTE
#We Are Not Promote Anything
#This channel Purpose to share market ideas.
Thanks for Watching🙏
Professional Trading 👑💸🙏🤑💲👑Royal Trend👑
Topic Trading Things
Topic - Option Trade and Trading 💸💸💸💸👑🤑
#If u Buy stock without stop loss that mean U are weak in Physiology
#Train Your self To take small trade with Stop-loss
How to make Big Profit💸 With Small Account
In this video we try to Identify Trend and Entry By Big Bull👑🤑🤑💸💸
How market really work with number's
How important is option chain analysis?
The option chain analysis data provides a very comprehensive view for all the available options for any particular underlying asset. This helps in understanding and selecting the correct option for trading or investment purpose.
Difference between technical analysis and option trading
Technical analysis and options trading can go hand in hand. Many of the best practices for options trading come directly from technical analysis concepts. Technical analysis focuses on price. Fundamental analysis does not solely focus on price.
why we learn option chain?
Option chain is a chart that will give in-depth information related to all stock contracts available for Nifty stocks. The best thing about the option chain is that it provides valuable information about the current security value and how it will affect it in the long term.
What is the purpose of option chain?
It can be used in creating an option strategy at several strike prices. It can be used to analyse and draw noteworthy insights about the stock and its probable movements. It helps the traders in evaluating the liquidity and the depth of the option contract.
Technical trader
Technical trading is a broader style that is not necessarily limited to trading. Generally, a technician uses historical patterns of trading data to predict what might happen to stocks in the future. This is the same method practiced by economists and meteorologists: looking to the past for insight into the future.
NOTE
#We Are Not Promote Anything
#This channel Purpose to share market ideas.
Thanks for Watching🙏
Positional_ HDFC BankKeep track of HDFC Bank, it is nearing its daily support. Good positional trade opportunity. Will let you know the entry price, SL and targets afterwards.
Disclaimer: The views expressed in this article is of my own, you're solely responsible for any decision taken in the markets. The analysis I've shared is just for informational and educational purposes only.