B-nifty gives Breakout B-nifty gives Breakout of trendline. Chart also seems bullish. it may test 43000 soon.
HDFCBANK
Bulls Can Pull Back Bank Nifty reversed today from strong resistance at (42725-750 ) approx.
Check resistance marked in red sign post
Bulls may flex tomorrow as well a good Retest Entries can be made ( Marked with path tool in green )
HDFC BANK H&S PATTERNHDFC Bank form H&S pattern on daily chart, if break and sustain below 1658 it may test 1636,1616 soon
Bearish EngulfingA bearish engulfing pattern is a technical chart pattern that signals lower prices to come. The pattern consists of an up (white or green) candlestick followed by a large down (black or red) candlestick that eclipses or "engulfs" the smaller up candle. The pattern can be important because it shows sellers have overtaken the buyers and are pushing the price more aggressively down (down candle) than the buyers were able to push it up (up candle).
Script = HDFC Bank
Time Frame = 1 Day
HDFC BANKWaiting for a daily closing above 1725....
stock got rejected thrice from it... hope this time it will break it
HDFCBANKHDFCBANK:- Cup and handle pattern has formed, wait for breakout, plan something only after breakout, till then keep an eye
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
IDFC first BankIDFC first Bank trading in triangle range. It faced Major resistance 64. if correction exist it may test 35 soon as per tringle pattern.
HDFC - Short TermHarmonic - Bearish Bat formation
Need to close above 1579 and sustain for 1 hr.
Tgts - 1590 - 1603 - 1612 - 1632
Elliot Wave - Currently in C wave of subordinate ABC wave of a larger B wave. Sharp correction once C is completed.
HDFC BANK TARGETS based on current and fresh S/R LEVELSNSE:HDFCBANK can short hdfc bank till fresh support level and wait for it to be broken for further fall, best to book at fresh support and re enter short position once it gets retested as resistance , target can be last tested support area, avoid short if current resistance is broken.
Sell HDFC Bank HDFC Bank has reached monthly month resistance area once again and I do not think this bank will outperform in results....Its clear Sell in Bank Nifty and DFC Bank now
HDFC STOCK BIG BREAKOUT.Great BO with bullish candle now HDFC stock is consolidating for a while . This happens when expected for a big move calm before the storm. Stock is forming the flag pattern. Can take entry after the BO of the pattern with Good risk to reward trade.Keep the stock in your watch list. This is for your educational purpose only.
HDFC BANK case studyDemand zone as per previous swing low
CIP concept of price action
Support of ascending trend line..
Shooting StarA shooting star occurs after an advance and indicates the price could start falling.
The formation is bearish because the price tried to rise significantly during the day, but then the sellers took over and pushed the price back down toward the open.
Traders typically wait to see what the next candle (period) does following a shooting star . If the price declines during the next period they may sell or short.
If the price rises after a shooting star , the formation may have been a false signal or the candle is marking a potential resistance area around the price range of the candle.
Script = HDFC Bank
Time Frame = 15 min
Bank nifty run with Breakaway Gaps.Bank nifty Reversal is strong with volume. last trading session it move with breakaway gap which is sign of good up move. It may test potential resistance level 40041-41241 soon.
Nifty trading in parallel channel Nifty trading in parallel channel. potential resistance zone is near around 17529-17707 it may test these level soon.
Short Possible , high RR trade The scrip has formed aa CUP and as bank nifty is rear resistance so there is a high possibility that bank nifty may see some profit booking so expecting HDFCBANK to experience some down side move.
#exide india looking good 17-03INTRADAY CALLS
🔹🔹🔹🔹🔹🔹🔹
BUY EXIDEIND 177.5CE AT 3.40
SL 3.20
TRG TRAIL 👍
it looks good for multi support technique
#HDFC Looking good for today 15 mar 23#hdfc... ✅▶️
⛳️⛳️⛳️⛳️⛳️⛳️⛳️⛳️⛳️
Intraday as well as swing trade
🔷All levels given in charts ...
we provide stock as well as option level over their
🔷 IF good potential seen then we work in options also
🔷 if activate then possible a huge movement Keep eye on this ...
🔷We take trade only when it activates...
🔻🔻🔻🔻🔻🔻🔻🔻🔻🔻
Possible to give good target
👍👍👍👍👍👍👍👍👍
TRADING FACTS
hdfchdfc form rising channel with HH&LH. may be stock reverse from here or give false breakdown then go up
HDFC Bank: Is it in a downtrend?Technical Analysis:
Note on HDFC Bank chart:
1. Over the past 5 months, HDFC Bank's price has been moving within a certain range.
2. Currently, the price is hovering around its support level, but is trading below its 20-day moving average. While there are several support levels, all of them seem weak at the moment.
3. The 1500 level appears to be a strong support level, as it has high open interest.
4. On the other hand, 1600 is a strong resistance level that is currently holding up well.
Traders should keep an eye on these levels, as they could provide important signals for the direction of the stock's movement in the near future.
HDFC Life Double Bottom RSI DivergencePrice has formed a double pattern on daily chart. while the RSI is making higher lows which is clear sign of RSI Bullish Divergence. We can take long trade.
Entry
We can go long on open of next candle.
Target
Target 1 will be the nearest resistance zone which will be also the neckline of W pattern as marked on chart.
Target 2 will be next next resistance zone after the neckline of W pattern is broken as marked on chart.
Stoploss
We can keep stoploss below the double bottom support zone.
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