HDFCBANK
HDFC Bank🔹 Technicals:
▸ Price got rejected from the previous resistance zone.
▸ It has closed below 200 EMA, which is long term moving average.
▸ A closing below 200 EMA indicates weakness and that the sellers are in control.
▸ If it manages to bounce from here, then we can see 1600, 1700 in the mid-term.
▸ If the demand zone gets violated, then the buyers will be in trouble. We can expect 1400, 1300 in that case.
Disclaimer: I am NOT a SEBI Registered Analyst and the information provided here is NOT investment advice. This post is intended solely for educational purposes.
HDFC Bank LtdHope all are good. Important points marked for HDFC Bank. Currently HDFC is downward trend and seeing a gap in the chart. Strong stock good time to acquire more stocks, it will go down to marked points and will reverse.
If you are planning to hold for long collect in all dips.
Current issues are not a problem for HDFC Bank.
Disclaimer: Only for education purposes do own research before investing in equity market.
BankNifty movement will be decide by HDFC Bank!!!!Bank Nifty again at important levels because of HDFC Bank & ICICI Bank. These 2 will decide in which direction this index move. I sense HDFC Bank will be in side ways or move in range till it's result. After result market will decide that merger HDFC Bank is hit or flop till than some negative & sideways move will be there. Do not forget US market also they will do something crazy in coming time.
HDFC Bank range from last year 1500-1720 (strong support 1500-1520)
ICICI Bank support 920-944 negative below 920 only
Trade with stoploss. Happy Trading
HDFCBANK - Near Important Support ZoneNSE:HDFCBANK offers a range of banking services covering commercial and investment banking on the wholesale side and transactional/branch banking on the retail side.
Positives:
Company with high TTM EPS Growth
Good quarterly growth in the recent results
Effectively using Shareholders fund - Return on equity (ROE) improving since last 2 year
Efficient in managing Assets to generate Profits - ROA improving since last 2 year
Increasing Revenue every Quarter for the past 4 Quarters
Company able to generate Net Cash - Improving Net Cash Flow for last 2 years
Annual Net Profits improving for last 2 years
Book Value per share Improving for last 2 years
Company with Zero Promoter Pledge
FII / FPI or Institutions increasing their shareholding
Negatives:
MFs decreased their shareholding last quarter
Decline in Net Profit with falling Profit Margin (QoQ)
Declining profits every quarter for the past 2 quarters
Weak Momentum: Price below Short, Medium and Long Term Averages
NOT A RECOMMENDATION. JUST FOR EDUCATION. Thanks.
HDFC BANK institutional buying zone HDFC bank has been in this range since about 300 days and has always bounced back from
this institutional buying zone where big players accumulate.
It has approached this range again giving a beautiful risk to reward ratio of 1:3 and more.
As seen in the past, on the break of this minor downward trend, the market rallies to the resistance zone hence we should follow the past.
Position Sizing is recommended...
What is position sizing?
It is when you first add half your position to check If the market is saying you are right or wrong, if the market moves in your direction, you will add your second half and tighten your stop loss. This way you add two positions but one only when the market shows you that you are correct.
Example: Suppose your risk is 100 per trade, You first buy enough Qt to risk only 50 ( Typically with a larger stop) and if the market forms a green candle or another bullish sign, you add another Qt to risk 50 more ( Total risk 100) and your second stop loss becomes tighter ( most probably at the breakeven of the first position) this way you minimise your loss but ur reward is the same and even more. If your first stop gets hit, you accept your mistake and move on.
Hence, if one does go long, I personally am buying as close to the zone as possible and then will be adding more as the trendline breaks.
Volume isn't a key indicator here since it has been high in the past as the market approached this zone and still rallied upwards.
Targets marked on the chart.
Keep It Simple
Bank-nifty Intraday by Professionals👑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🙏
RELIANCE Intraday Trade By 👑Royal Trade👑👑Royal Trade👑
Reliance IMPORTANT LEVEL
We buy Call and my Target is 2460 and 2480
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🙏
BANKNIFTY IDEA FOR 12 SEP BY 👑Royal Trend👑👑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🙏
BANK NIFTY Levels For 12 Sep👑🤑✔👑Royal Trade👑
BANK NIFTY IMPORTANT LEVEL
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🙏
SENSEX Trade By 👑Royal Trend👑 👑Royal Trade👑
SENSEX IMPORTANT LEVEL
we buy Call and my Traget is 66,900 and 67,100
Dont buy anytrade 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🙏
RELIANCE Buy Call or Put 👑Royal Trend👑👑Royal Trade👑
Reliance IMPORTANT LEVEL
we buy Call and my Traget is 2480
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🙏
INFY BUY CALL 👑Royal Trade👑👑Royal Trade👑
INFY IMPORTANT LEVEL
we buy Call and my Traget is 1483
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🙏
BANKNIFTY Buy CALL 👑Royal Trade👑👑Royal Trade👑
BANK NIFTY IMPORTANT LEVEL
we buy Call and my Traget is 45,500
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🙏
NIFTY BUY CALL 👑Royal Trade👑 👑Royal Trade👑
NIFTY50 IMPORTANT LEVEL
we buy Call and my Traget is 20,000
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🙏
HDFCAMC Fall expectedI am not holding HDFCAMC. You may book profits here
Disclaimer: This analysis is solely for educational purposes and does not make me a SEBI registered analyst.
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