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 #NSE:HDFC trading bullish and locked upper circuit, breaking the circuit may result good moves. Levels marked for practice. Happy LEarning.
HDFC 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. ...
This 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...
The 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.
Key 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...
Buy HDFC Bank for Positional Trading as well as Investment💸🔥💸 Comment your views!!!🧐🤔🧐 . 💡Bank’s strategic and execution focus to effectively implement project Future Ready will start yielding results, particularly in the following domains: 1) Newly identified growth engines of MSME and rural banking 2) digital marketing as another key delivery channel 3)...
# We make only profit #We Achieve All Level #TCS #BANKNIFTY #NIFTY #RELIANCE #INFY #HDFCBANK
14/03 educational purpose only buy on dips (cmp 1437.35) support at 1418.70, SL below 1408.05 targets 1475 / 1490
Keep eyes on this crucial zone. This is the point from where it can give a sharp move in either direction.
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...
im not a sebi advisor . kindly discuss with your financial advisor before taking any trade.
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.
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 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.
Hdfc bank is forming a triangle pattern at crucial point
One of the best chart that will bounce back from the current range expecting 10% up from the range
We can enter either side in hdfc bank after it break its trendline. Targets are mentioned in the chart itself.