HDFC Bank is near important support zone. If price takes support with strong bullish candle we can go long. If price breakdowns below the support zone with strong bearish candle we can go short.
HDFC Bank has under-performed the market for quite some time now. I believe that phase might now get over as the stock attempts to give a fresh breakout. Keep a stop loss at Rs.1635 and go long.
Stock Name - Hdfc Bank Limited Ichimoku Cloud Setup : 1). Today's close is above the Conversion Line 2). Future Kumo is Turning Bullish 3). Chikou span is slanting upwards All these parameters are showing bullishness at Current Market Price and more bullishness AFTER crossing 1703 #This is not Buy and Sell recommendation to any one. This is for education...
HDFC BANK is Ready to fly after Long Time Stuck in Rectangle Chart Pattern There is some retrecement possible in Upcoming session after breaking High Of Retrecement we can see such Big Rally KEEP EYE ON THAT
Hdfc has Form Rectangle chart pattern and gave us a nice Breakout woth 1Day Candle if BankNofty going to his favour coming session HDFC BANK is gonna Big Move
Will Nifty break the 18,200 resistance tomorrow? And will Banknifty edge closer towards 42,700?
Lets go by the crowd's mindset - What would you have done today morning just after the pre-open wherein NSE:BANKNIFTY indicated a gap up opening & HDFCBk (most weighted component) had a superb results QoQ. Ans: You would have gone long today - right? And thats where the smart money would have trapped you. Gap up opening at 42622 above the resistance line and...
HDFC bank - a perfect short candidate. Not able to sustain above 1610-1620 levels.
BANKNIFTY in a range 41700 To 42600 Banknifty bullish till it holds 42300 Short below 42300 sl 42370 Target 42000
we can expect short move from the supply zone. over all trend is bullish but we can expect short term pullback.
A triangle chart pattern involves price moving into a tighter and tighter range as time goes by and provides a visual display of a battle between bulls and bears. Script = HDFC Bank Time Frame= 1 day
NSE:HDFCBANK gave a closing below 50 DEMA on daily timeframe. Now it should show 1540-1530 levels soon.