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
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
HDFC bank simple candlestick patternHdfc bank on a daily timeframe has formed a bullish engulfing pattern with volume confirmation.
It is the basic candlestick pattern with shows the reversal in trend.
Support:- 1300(round number)
resistance:- 1327, 1357
The pattern is bullish.
Trade only when the price sustains above 1327.
HDFCBANK IS FORMING TRIANGEL PATTERN INTRADAY TIME FRAMEHdfc bank is forming a triangle pattern at crucial point
HDFC BankOne of the best chart that will bounce back from the current range expecting 10% up from the range
HDFCBANK INTRADAY TRADEWe can enter either side in hdfc bank after it break its trendline. Targets are mentioned in the chart itself.
hdfcbankhigh : 18/10/2021 : 1,725.00
low : 24/03/2020 : 738.75
75 % : 1478.43
50% : 1231.87
25% : 985.31
HDFCBANK Support and ResistanceHDFCBANK support and resistance on daily timeframe, its taking support at 1340
HDFC BANKHDFC BANK CMP 1371
Head and Shoulders pattern on daily charts
according to technical analysis the stock may see selling pressure in near term
HDFCBANK Support and Resistance#HDFCBANK
Support and Resistance it seem that HDFBANK ready to move up
HDFC Bank Stock Review.Hello there everyone, This is my view related to hdfc bank hitting 52w low. You'll get clarity about what to do with the stock Buy/Hold or Sell!!
Good time for accumulationNSE:HDFCLIFE
Guys start buying hdfc life but be very careful and take positions little by little. Like if I have to invest 100 rupees in the stock I would take a position of 10 rupees(if brave enough take a position of 25 rupees) now and increase it strategically. The stock currently trades at a P/E of 90+ so we may have further corrections but a great time to accumulate this gem. We can later average upwards if needed.
Be readyKeep your money in your pocket to buy this bull, I'm the next bull market it will give us a zigzag return
There is a high probability that today it will touch to the support level buy in small qualities.
🍻🍻Cheers🍻🍻
BankNifty Spot Weekly Outlook For Expiry Week ( Feb28 - March04)As discussed in Last Analysis Below 36878 low weak done all levels on downside 36451/35760/35068 Achieved.
Falcon Analytics Outlook Bank Nifty for the week (Feb 28 – Mar4)
Technically on the daily charts we see major support on the downside for BankNifty index lies at 35322 levels,
whereas major resistance on the upside is capped around 37662 levels.
If BankNifty index breaches minor support on the downside and closes below it, we may see fresh break down and index can drag towards major support on lower side around 35599 / 33429 and and if breaches major resistance on the upside and closes above it, we may see fresh breakout and index can head towards higher levels around 37662/38385.
Currently BankNifty index is just trading above 200 day EMA @ 36206 suggests long term trend is Bullish .
Falcon Analytics predicts range for the week is seen from 33429 on downside and 39555 on upside.
( All Spot Levels)
RESISTANCE 4: 40725
RESISTANCE 3: 39555
RESISTANCE 2: 38385
RESISTANCE 1: 37662
WEEKLY PIVOT LEVELS: 36492
SUPPORT 1: 35322
SUPPORT 2: 34599
SUPPORT 3: 33429
SUPPORT 4: 32259
All above views for education purpose only.
Regards,
MD.
HDFC Bank Bird Pattern. LONGThis is a new nomenclature, a pattern by me. A Bird Pattern.
Whenever you see a bird in the charts, its an indication that scrip is about to fly.
Though there are other technical reasons for scrip to go up, but this looked nice to share with community.
Expect 20-26% upside movement. Highly bullish.
HDFCBANK - Rounding Bottom + Symmetrical Triangle - Swing TradeThe analysis is done on daily TF hence price may take few days to few weeks in order to reach the targets.
Trade setup is explained in image itself.
The 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.
HDFC Bank has given a breakout Hdfc bank was unable to break 5 month descending trend line and was forming a symmetrical triangle this week. Today it has given a breakout and has closed above the descending trend line. If the markets are range bound, we can expect a descent returns of 6-8%.
