HDFC Bank is losing momentum for upside and is trading sideways from last two week. HDFC bank may give slight bounce till 1660 but will retrace to 1540 level. One can open short position once it is around 1650 with losing momentum candle pattern. Target would be 1540. This study is only for educational purpose.
NSE:HDFCBANK has given closing below 20 EMA and big bearish 2 candles are showing little negativity. 1600 levels soon.
NSE:HDFCBANK was trading on a support of trend line for the last few days and today it gave closing below that. 1600 is a good support and can bounce back from there.
NSE:HDFCBANK is keeping it's bullish streak intact after taking a perfect support it's trend line that too with bullish marobuzu.
Hdfc bank is about to form harmonic ABCD pattern above 1730 and a must buy from these levels Go long for 6 months to 1 year target of 2000/2233 if corrected to 1580-1550 levels add more.
Covered call strategy is suggested and later when the price is right hedge it with collar.
#We Make Only Profit. #HDFCBANK #BANKNIFTY #NIFTY50 #NIFTY #SENSEX #TATA RBI Forex Reserve Grow is this Good or Bad ? 1st 140 Billion loss hua hai or ab 20 Billion Grow hua hai to hai to abi bhi loss mai Gover..t abi losss mai hai laken wo Backup bhi ready kr rhe hai take 2023 kese wjh se krab bhi jaye to economy pe zada Farak na pade..
NSE:HDFCBANK getting ready to break year long consolidation. Can go manyfold in Wave 3 & 5 higher.
#We Make Only Profit. #HDFCBANK #BANKNIFTY #NIFTY50 #NIFTY #SENSEX #TATA RBI Forex Reserve Grow is this Good or Bad ? 1st 140 Billion loss hua hai or ab 20 Billion Grow hua hai to hai to abi bhi loss mai Gover..t abi losss mai hai laken wo Backup bhi ready kr rhe hai take 2023 kese wjh se krab bhi jaye to economy pe zada Farak na pade..
#We Make Only Profit. #HDFCBANK #BANKNIFTY #NIFTY50 #NIFTY #SENSEX #TATA RBI Forex Reserve Grow is this Good or Bad ? 1st 140 Billion loss hua hai or ab 20 Billion Grow hua hai to hai to abi bhi loss mai Gover..t abi losss mai hai laken wo Backup bhi ready kr rhe hai take 2023 kese wjh se krab bhi jaye to economy pe zada Farak na pade..
HDFC Bank has been halting on the higher levels and is consolidating in a 3% range. The stock has been forming a flag and pole pattern on weekly time frame. The stock has closed near the resistance zone and is trading above the 20 DMA. Banknifty has been forming new highs and HDFC has the high percentage in the index. Trade can be carried in this stock for...
Banknifty buy above 43800 target 44000 44100 Banknifty sell below 43511 target 43354 if it breaks 43354 and sustained then further downside possible till 43060. Banknifty is bullish global cues slightly Negative but crude oil is falling doller index is falling that are good signs let's see 👍 Follow the levels 👍
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 1642. #This is not Buy and Sell recommendation to any one. This is for education...
Pennant Pattern observed in HDFCBANK Can breakout go towards resistance tomorrow. Target 1630. Expecting breakout of pattern above 1630.
Today is the FINNIFTY expiry. It has been in a tight range, if it breaks, it may give a good move. TATA POWER and TECHM analysis for break out. Keep these on your watchlist. Happy trading. If this helped you, share in the comment. I am not SEBI registered. Kindly take your own trades.
HDFC BANK gave a breakout above 1604 of a falling trendline , can initiate long positions with a very small stoploss of 1599 which is almost 0.2% .. It has a huge potential with a small risk