HDFC BANK LOOKS STRONGBuy HDFC Bank if sustain above 1438 for the upper marked targets on the chart.
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InvestPro India Team
HDFCBANK
HDFC - Reversal Swing Trade Inverse H&SHDFC
Buy-Above 2460
Sl-2230
T-2685 2875
Short Term
HDFC has made a bullish reversal chart pattern - Inverse Head And Shoulder in daily TF. It is formed after a good correction form ATH. According to the ABCD pattern , this swing can go till 2685-2700. Above 2700 it will proceed to the second target of 2880-2900. Ultra short term traders can trail sl at 2340 after a extended gain and take 1:1 and 1:2.
HDFC Bank Positional TradeOn an hourly time frame and daily timeframe, HDFCBANK has been facing resistance around 1520. If in Monday's trading session we see HDFC approach 1520 it can and looking at Banknifty's momentum which could halt at 37300 and reverse from there one can expect HDFC bank to halt at or around 1520 and reverse back like it has previously done several time so out targets for the short side are sell on rise
Sell 1523 ( Targets will be 10-15 points up to previous closing ) Stop loss 1535
Whereas if banknifty maintains bullishness and breaks 37300 for the upside or other banks provide a bull run enter for a positional long as the targets will be huge in HDFC past 1520. FIIs have been buying in HDFC so it's a great time to enter it for investment purposes as well.
Intraday buy side
Buy at 1520-1525 ( Sustains for three 5min candle above 1520) stop loss 1500
TGT 1535-1550 and then trail you SL and see how much you can get
Positional 1575 NSE:HDFCBANK easily.
The markets have corrected sharply and once the Russia Ukraine war ends FIIs will be looking towards the Indian markets for fresh investments
HDFCBankHDFCBank Cmp 1506
IHS pattern formed
We broke neckline
Now if it re-test 1475 or neckline levels,
It would be good buy area,,,
Chart is for study purpose only!!
HDFCBANK LONGHadfcBank Breakout from long term downline and give strong weekly closing.
Bullish Momentum looks good
Time to invest
Disclaimer/ disclosure
I am does not provide any tips/recommendations/advice
All updates/posts/discussions are only for education and learning purpose.
Do Consult your financial advisor before taking trades or investment decisions
Hdfc bank targetIf price take sport at any t/h line or breaks CDH/CDL that can a great Entry if it does any of above and with add up of pivot / wvap /200 ema
HDFC bank gives a break out.HDFC bank has finally given a break out and moved today.
It might be a good signal for the markets as this heavy weight has given a break out. Totally a positive sentiment for the markets.
The stock has closed above its 20 & 200 ema on different time frame.
Hdfcbank may give good opportunity for intraday and swing trades,
Support :- 1456, 1415-6.
Resistance :- 1472-74, 1490.
Wait for the price action near the levels for confirmation.
HDFC BANK TREND Upadate MARCH 2022HDFC BANK TREND Upadate MARCH 2022
Stock Making Lower Low and Lower High , Its sign of Down trend
HDFC breaking out and restest.Proper chart pattern is being followed in HDFC.
Stock after the break out has retested the trend line.
HDFC has closed just near the support level and slightly below the 20ema.
If the stock form any bullish chart pattern, targets are there in the chart itself.
This trade can become a swing trade for the traders.
NSE:HDFC trading @ ResistanceNSE:HDFC
#NSE:HDFC trading bullish and locked upper circuit, breaking the circuit may result good moves.
Levels marked for practice.
Happy LEarning.
HDFC breaking outHDFC has closed above the long respected descending trend line.
The stock can give a bullish momentum in the next trading day as the volumes are higher than the previous closing days.
On Thursday, the stock has closed above the trend line and can travel up to the target level of 2475-80.
The stock has broken over a resistance level after approx 2 months.
Support levels :- 2364, 2300
Resistance levels :- 2480, 256.
HDFCBANKThis stock is showing good power and strength to go more upside, once price closes above 1497 plus levels, then it can show more strength to go further up side,
Bullish crossover in weekly macd can put the bulls in a dominant position. on daily chart swing low of 1411 will be a crucial support to watch out for on the way down. One can go long at current levels or on dips near 1430 - 1450 zones (if any ) with stop of closing below 1411.
Fake break-down and now at parallel channel's top
wave structure could be like this
something coincides factors
macd in weekly is uptick
macd in daily is positive crossover and uptick
rsi in daily uptick along with double breakout
Disclaimer.
I am not sebi registered analyst.
My studies are for educational purpose only.
Please Consult your financial advisor before trading or investing.
I am not responsible for any kinds of your profits and your losses.
HDFC Bank reclaiming the past gloryThe share of HDFC bank has been an under-performer for quite sometime now. It even broke a very crucial support line. But it has regained that line in style with fundamental news flow supporting the technicals. As long as it stays above the line, I see no issues in this stock.
HDFC BANK - Important support/resistance levelsKey highlights:
- Marked out a few important horizontal S/R levels, demand zone in order to give a better idea to the new learners.
- Do not trade in between the levels, always trade level-to-level.
- Demand zone: 1175-1240
- Weekly flip level: 1305
- Daily flip level: 1350
Disclaimer : This is NOT investment advice. This post is meant for learning purposes only. Invest your capital at your own risk.
Happy learning. Cheers!
Rajat Kumar Singh (@johntradingwick)
Community Manager (India), TradingView
HDFC Bank ready for the uptrend!🤩💸🔥Buy HDFC Bank for Positional Trading as well as Investment💸🔥💸
Comment your views!!!🧐🤔🧐
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5) putting in place the right talent and further strengthening its core functions to drive the project.
.
Both TECHNICALLY and FUNDAMENTALLY strong stock.💪💪
The company posted the best Q3 result.
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💎@technofunda_trader
Few Important rules from my Trading Philosophy:
1. Buy QUALITY stock.
2. Buy RIGHT, Sit TIGHT- Only sell in loss if the fundamentals deteriorate, problems arise in management or any other similar fundamental issues.
3. Don't invest more than 5-7% in any stock & more than 25% in any particular or related sector.
4. Build position GRADUALLY as the stock RISES.
5. Trade in the DIRECTION of the BIGGER trend.
6. RIDE the TREND. Don't sell your WINNERS early.
.
LIKE, COMMENT & SHARE 😄😄😄
#HDFCBANK INTRADAY KING TRADE# We make only profit
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hdfc bank future14/03 educational purpose only
buy on dips (cmp 1437.35)
support at 1418.70, SL below 1408.05
targets 1475 / 1490
HDFCBANK IS AT CRUCIAL RESISTANCEKeep eyes on this crucial zone.
This is the point from where it can give a sharp move in either direction.
hdfc bank prepared for a big upmove?hdfc bank is after being a good downtrend has printed a good down spring which is marked in chart
a spring is a classsic pattern where it trades below a support level, finds no further selling and is immediately overcome by demand
by this the bears are caught by surprise as price has turned against them ..
expecting the further targets upside
point is...hdfc bank doesn't look good for a short for sure
till then manage your risk and keep your stop loss intact
A view on hdfcbankim not a sebi advisor .
kindly discuss with your financial advisor before taking any trade.
HDFCBANK - AVAILABLE @ PRE-COVID LEVEL - RETEST & REVERSALThe above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade
Checkout my other ideas to understand how one can earn from stock markets with simple trade setups. Feel Free to comment below this or connect with me for any query or suggestion regarding this stock or Price Action Analysis.
NSE:HDFCBANK trading @ resistance, levels marked !!NSE:HDFCBANK
#NSE:HDFCBANK reached to support and bouncing, potential levels marked on chart.
Levels shared Everyday for learning, can be reached to me for any clarifications.
Happy LEarning
