NSE:HDFCBANK LongNSE:HDFCBANK
#NSE:HDFCBANK bouncing from the same support and created new support and resistance, Both marked on chart.
Trade accordingly, Still got any doubts can ping me.
HDFCBANK
HDFC - Forming a classic double top. HDFC - Forming a classic double top. A breakout below 2365 will complete double top which could send the stock down substantially
HDFC bankI used Venus planet to predict the market movement in time
this chart is only based on time if date come in holidays we have to take before or after trading days
This is not a Buy and Sell recommendation to anyone.
Take entries after your own analysis.
This is for education purpose only
HDFCBANK Pure consolidationI don't need to tell you...Banknifty has underperformed since the pandemic. But now its looking like hdfc bank is in its cusp of make or break zone. It is worth to add this bank to your watchlist.
HDFC- Swing trade#HDFC
Buy- 2550-2590
Sl-2440
T- 2800 2955
RR is good here. Firstly the stock has fallen from 300 levels. Time for a pullback. This is aggressive buy. As trendline has not been broken. Safe traders can buy after trendline breakout.
Simple Trade Setup |HDFC BANK | 03-02-2022 [INTRADAY]NSE:HDFCBANK
Again selecting the same stock for tomorrow as well.
Observations:
1) On 1 day time frame, It gave breakout of the resistance channel.
Please refer below chart : 1day Time Frame.
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Trade Setup for 03-02-2022
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
HDFC Bank Analysis !! #HDFCbank
Description : HDFC Bank at lower levels following support area and a trendline zone as well.
Support Area : Support at 1420-1450
Resistance Area : Resistance at 1550-1575 if broke above it then 1675-1700 Zone to watch for.
Simple Trade Setup | HDFCBANK | 02-02-2022 [INTRADAY]NSE:HDFCBANK
Observations:
1) On 15min time frame, we can see it has been rejecting from the resistance channel and also it is having immediate resistance at 1500 level. Breakout of it can give easy 20 points up move and can also give another 20 points till 1540 level.
Please refer below chart : 15 min Time Frame.
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Trade Setup for 02-02-2022
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
#Traders Please Watch #Banknifty #Week#We will make only profit.
#I will Tell you Lowest Point.
#If you need any help comment or message me.
HDFC BANK looking to take a good supportA very long parallel channel support. With small SL one can go long on HDFC bank.
Further shorting opportunity in HDFCBankDouble top pattern formation in HDFCBank 15 mins time followed by the stock price moving below that level. Bearish setup.
Diclaimer : For educational purposes only.
HDFC Bank - BUY a swing tradeCMP: 1521.60
HDFC now making structure of Head and Shoulder as per Chart. Now it go for neckline and retraced above neckline. Potential to buy above neckline when retrace at 1555.
Upcoming target 1555, 1586, 1645 and high 1699. beat for Swing trade.
Feel free to share your feedback and queries.
If you want to know about your stock please mention in comment.
HDFC Bank - Looking good for a swing tradeKey highlights:
1. Bounced off 2 day demand zone
2. Closed just above 200 MA
3. Sitting at 0.5 Fibonacci level
4. Potential formation of Inverse Head and Shoulders pattern
5. Psychological level of 1500
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)
NSE Certified Technical & Fundamental Analyst
Shorting opportunity in HDFC Bank in short term time frameHDFCBank looking weak in short term time frame. ICICIBank and KotakBank have broken below their support. BN below 36900
HDFC bank Inverse H&S formationHello traders, I hope you are doing well
The setup that I can find in hdfcbank is clearly explained above in the chart.
Specific details for the chart explanation
The inverse head and shoulder pattern has not yet been completed.
The breakout also requires to break the supply zone near 1500 levels.
Stock has retraced back to 78.6% from the last swing high.
Stock gave a breakout of a steep declining trendline of 40 degree angle
200 ma acting as support.
Please LIKE, COMMENT and SHARE to motivate and support me. I'll keep on posting new ideas on Indices & Stocks. Be sure to follow so that you don't miss any good trades that might have been rewarding.
Any comments and critiques will be appreciated even if it's of opposite view as a trader can also be right so many times.
BankNifty Future Intraday support and resistances 24/01/2022Expecting good gap up in BNF as ICICIBANK has given wonderful results. If BNF sustains above 37960/38000, we can see more upside in Intraday
If support level of 37480 breaks we can see good downfall in BNF Future, supports are mentioned in the chart
NIFTY50 Future Intraday support and resistances 24/01/2022NIFTY50 may open gap up because of good Q3 results of ICICIBANK, if nifty sustains at the upper levels we can see levels of 17800/17950 in NIFTY Future.
If on the lower hand levels of 17500 breaks in Nifty Future we can see levels of 17450/17320 in Nifty Future
ICICIBANK Intraday support and resistances 24/01/2022 after Q3ICICIBANK has posted exceptional Q3 results and is expected to open gap up on Monday, we can expect to see levels of 820-840 on Gap up, if this gap up sustains we can also see levels of 850/860 Intraday itself,
If there is no gap up, these levels can also act as Intraday Resistances
KOTAKBANK Intraday support and resistances 24/01/2022KOTAK BANK Intraday support and resistances 24/01/2022
HDFCBANK Intraday support and resistances 24/01/2022HDFCBANK intraday support and resistances for Intraday 24/ 01 /2022
HDFC BANK | NEO WAVE FORECASTHi
This is our weekly forecast, in this we are updating our weekly neowave view for bank nifty and 8 stocks. If anything changes in the count we will update you next week
if you have any query, than write in comment box.
Thank you.
