BankNifty will reach 45,000 before a major movement to the downside. Many regional bank stocks in United States are crashing.
HDFC bank is looking good for a short , short to medium term swing trade , with small SL just above the candle , need breakdown and price has to sustain below supports of 1670, RR looks good and banknifty looks overheated
hdfc down side target 1550 hdfc bank complete 5 wave upside and correction start wave a,b,c
Hdfc bank spot cmp 1720 Last two swing high for the counter on weekly time frame are around 1725 and 1722 levels, from where counter have faced some selling pressure . Current price also in same supply zone, if we get weekly close above 1725 levels, and a follow through, counter can move on to new bullish zone. If fails to move above 1725 or sustain above 1725...
Long HDFC above 1696 after the BO of TL. Target 1700-1705 with SL 1688. BULLISH MOMENTUM IN THE STOCK.
HDFC create inverter head and shoulder break out Nekline buy signal Disclaimer No buy and sell recommend
The stock is trading within a triangle pattern on monthly chart. The high is tasted multiple time and chances are high to breakout near future. Immediate resistance is placed at 1733. I have mentioned all the important levels in the chart. Like, Follow and Share.
Attached: HDFCBANK/ NIFTY 50 Weekly Chart as of 28th April 2023 The Chart above shows Potential Underperformance lies ahead for HDFC Bank. Investors are better off Avoiding/ Exiting the Stock unless they want to Underperform the Broad Market from here onwards. No alpha is to be made by Holding on/ Buying the Stock at the Current Price This Ratio Chart points...
B-nifty gives Breakout of trendline. Chart also seems bullish. it may test 43000 soon.
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 )
SGX NIFTY form H&S pattern, if it sustain below 17630 it may test 17430 soon.
HDFC Bank form H&S pattern on daily chart, if break and sustain below 1658 it may test 1636,1616 soon
A 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...
Waiting for a daily closing above 1725.... stock got rejected thrice from it... hope this time it will break it
HDFCBANK:- 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...
IDFC first Bank trading in triangle range. It faced Major resistance 64. if correction exist it may test 35 soon as per tringle pattern.
Harmonic - 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.
NSE: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.