Get started

HDFCBANK

Simple Trade Setup | HDFC BANK | 23-11-2021 [ INTRADAY]NSE:HDFCBANK Observations: 1) On 1day time frame, it closes below 200DMA. But it has tendency to trade very less period of time below 200DMA. Will it be a fake breakdown or it will jump from here tomorrow? 200DMA is placed at 1521.29. Please refer below chart : 1 day Time Frame. 2) On 1 day time frame we can see level 1550 is major breakout level. 1500 is immediate support and immediate resistance is at 1525 level. Please refer below chart : 1 day Time Frame. ------------------------------------- Trade Setup for Date: 23-11-2021 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.
NSE:HDFCBANK
by Trading_hawk
3
BUY HDFC BANK - SWING TRADEBuy HDFC Bank at 1545 Targets 1600, 1670++. Trail SL to avoid loss. Small SL Below 1520 on closing basis For Options and Big Capital Traders: Puts can be sold or At The Money Bullish Spreads can be created. Incase Sold Puts go in the money then settle by taking delivery of this stock. PS: This is a good long term stock and can be accumulated at these levels. Disclaimer: All charts are for educational purpose. Please consult your financial advisor before investing.
NSE:HDFCBANKLong
by parthsharma_999
Hdfc Bank Long I hope you can now see how HDFC BANK represents an excellent low risk profit entry setup allowing you to trade in the market. Take positions so that the risk/reward is in your favor. Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis . Disclaimer: It should not be assumed that the methods, techniques, or indicators presented in these chart will be profitable or that they will not result in losses. There is no assurance that the strategies and methods presented will be successful for you. Past results are not necessarily indicative of future results. You should not trade with money that you cannot afford to lose. Examples presented in these charts are for educational purposes only and it should not be assumed that these are indicative of ordinary trades. These setups are not solicitations of any order to buy or sell. The publisher assume no responsibility for your trading results. There is a high degree of risk in trading.
NSE:HDFCBANKLong
by EntryandExit
A rangebound and choppy session forces the Indices to end in Red9NIFTY 50 EOD ANALYSIS 09-11-21 In this post, I talk about the analysis for the day and the trading range for tomorrow. The video discusses with the help of the charts how the indices as well as leading stocks performed during the day and their likely play tomorrow. O 18084.35 H 18112.60 L 17983.05 C 18044.25 EOD - -24.30 points / -0.13% India VIX = 16.00 / -2.09% SGX Nifty 08-11-21 @ 1845h = +23 points FII DII = -1028 Crores CHART BASED CONCLUSIONS using 5 Minutes Chart Nifty opened with a mild gap up and rallied a few more points and then went below the previous close and it never returned above that line. A very rangebound and choppy day thus ended in a mild red. Nifty breached 18000 on the downside but then quickly recovered. India Vix is misleading the reader about what transpired during the day. NIFTY WEIGHT LIFTERS & DRAGGERS Top 5 Lifters contributed = 37 Top 5 Draggers contributed = 53 Net = -16 POSITIVES Nifty ended above 18000. Reliance held on to 2500+ levels and helped Nifty close above 18000. ICICI Bank deviated from the private banks pack and ended in the green. NEGATIVES When HDFC and HDFC Bank lead the pack of the draggers, it is hard for the indices to end green. And that is what happened today. HDFC Bank kept Bank Nifty nervous and weak throughout the day and did not allow it to close above the previous close. Despite FTSE being positive, our Indices ended in the red which is a cause of concern. TRADING RANGE FOR 10-12 November 2021 Nifty Support 17800-17900 Nifty resistance 18100-150-200 Bank Nifty Support 38800-39000-200 Bank Nifty Resistance 39600-800-40000. INSIGHTS / OBSERVATIONS I am wondering how much of gains is FIIs banking as they keep selling relentlessly. Today also they have sold for more than 2000 Crores and this is reflected in the SGX movement which is already at -42 around 1900h. I am also wondering why should we have a spot and a future and why cannot we trade the spot itself? The reason is -- Both the indices faced issues with the spot above the previous close but the future below its previous close. This happened several times during the day and in the end, the futures did not allow the spot to close above the line. I feel this is causing challenges to intraday traders like me. My feeling is that unless FIIs turn positive, this game may be on. What do you feel about this? Here is the video link -- Thank you, and Happy Money Making! Umesh 09-11--21 NOTE -- This write-up is not a prediction mechanism for the movement of Indices in the Indian markets as the markets are unpredictable in nature. I may refer to many data points in the article but I do not base my view on any of these standalone. In fact, I prefer to react to the price moves than predict the price moves. I also do not review Open Interest. Whatever data points I am using, are all stated in the article. The article title, as well as its contents, can at best be stated as --- This Is How I Read Nifty. I hope I have been able to set the expectations right. ---
NSE:NIFTY
by AVENUESOFINVESTMENT
2
#MARALOVER MARALOVERMaral Overseas Ltd. #MARALOVER NSE:MARALOVER NSE:MARALOVER CMP: 87.35 Target: 125 SL: 75 RR Ratio > 3 Time Frame < 6 Months Almost 45% return expected. Factors: BULLISH WEDGE BREAKOUT Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above RESISTANCE levels Trading at SUPPORT levels Earnings are strong. Bullish Wedge Breakout Risk Return Ratio is healthy. And Rising from Double Bottom Pattern to Flag Pattern forming. If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations. With 💚 from Rachit Sethia
NSE:MARALOVERLong
by Rachit_Sethia
#MIRZAINT MIRZAINT #NIFTY #BANKNIFTY #FINNIFTY #NFT #CRYPTO #IOT Mirza International Ltd. NSE:MIRZAINT MIRZAINT CMP: 71.85 Target 88++ // HUGE RALLY EXPECTED 100++ SL: 63 Time Frame: < 6 months Factors: BULLISH WEDGE BREAKOUT Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above RESISTANCE levels Trading at SUPPORT levels Earnings are strong. Bullish Wedge Breakout Risk Return Ratio is healthy. And Rising from Double Bottom Pattern to Flag Pattern forming. If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations. With 💚 from Rachit Sethia
NSE:MIRZAINTLong
by Rachit_Sethia