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HDFCBANK

#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
ICICI Bank on Steroids, fires up Bank Nifty & rescues NiftyNIFTY 50 EOD ANALYSIS 25-10-21 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 18229.50 H 18241.40 L 17968.50 C 18125.40 EOD - +10 points /-0.06% India VIX = 17.61 / +0.28% SGX Nifty 25-10-21 1840h = Flat FII DII = Unavailable till 1840h but likely to be negative with some buying by DIIs. CHART BASED CONCLUSIONS using 5 Minutes Chart Nifty ended flat as if nothing has happened. In Hindi, today’s day can be summed up as -- Khaya Piya Kuch Nahi, Gilas Toda Baraa Aanaa! Nifty broke 18000 solid level as well but somehow managed to close flat. Nifty has now severely underperformed to Bank Nifty. This si quite a concern as except for banks no one seems to be supporting Nifty. NIFTY WEIGHT LIFTERS & DRAGGERS Top 5 Lifters contributed = 41 Top 5 Draggers contributed = 24 Net = +17 POSITIVES ICICI Bank roared with the thunder that the results deserve. Kotak Bank has managed to close well above 2100. Axis Bank has also run up ahead of its results. SBIN continues to hold 500+ levels. NEGATIVES HDFC Bank was shivering as ICICI Bank was catching the limelight. Its inability to sustain higher levels is a cause of concern from a short-term perspective. Reliance failed to hold on to higher levels post its results though it closed just on the line of 2600. ITC has been beaten down and is the new punching bag of the Nifty pack. TRADING RANGE FOR 26 October 2021 Nifty 17900 as the new support base and 18150-200 and every few points thereafter is a resistance. Bank Nifty is a rocket and it would be very hard for me to gauge the speed or the lack of it of this new rocket and I will wait for the price action to play out for the next few days before venturing into the support/resistance placement. INSIGHTS / OBSERVATIONS As mentioned in yesterday’s video, ICICI Bank was in focus, and what a strong performance on the exchange by the leading bank. I like such actions that clearly define that the key fundamental change in the bank’s performance, the NPAs has been welcomed warmly by the market. And as expected, Reliance did not make any wild downside moves as it had been priced from the highs around 2730 and it fell 5% already ahead of the event so we will have to see how it behaves tomorrow as it has been able to hold 2600 for the day. I am wondering what would happen tomorrow if ICICI Bank remains flat? Who will be at Nifty’s rescue? Bank Nifty has been doing a terrific comeback after long periods of underperformance. Had it not been for the index, Nifty would have been closer to 17600-650 already! What do you feel about this? Here is the video link -- Thank you, and Happy Money Making! Umesh 25-10-21 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:ICICIBANK
by AVENUESOFINVESTMENT
HDFC Bank - Options Strategy Executed in my Account -- Outcome HDFC BANK - OPTIONS STRATEGY EXECUTED IN MY ACCOUNT --OUTCOME Lessons: Even though the max loss was only 4500, I ended up registering almost 4 times the loss. This indicates that there is no fixed risk thing in trading especially when exiting a trade is an issue. My view on the scrip and the Bull CE spread was a hit as HDFC Bank hit a high of 1725 on 18-10-21. When I looked at the spot, I checked the Strategy PNL and it was giving me close 5600-5700 gain. So without much thinking, I exited the Short Call as that is the SOP. The exit was almost immediate and I was happy as the liquidity was in place which is a must for exits. My intended exit was at 81 when the Long CE was around 93. However, I had to make one adjustment to exit the Short CE. By this time, the price had started the free fall. The next I did was I placed an order at 81 as that is where the last trade was made. I was unsuccessful as the premium fell further. I placed another Limit Sell Order at 77, 74, 71, and 67 but of no use. None of my orders got executed and I was already in a loss by then. HDFC Bank then started recovering and I held on to the Long CE - "In the Hope of it giving me at least a modest gain". I held on to the CE only because the EOD prices were higher than the day low. Even when Nifty fell on 20-10-21, this Option was doing alright and it appeared that I may be able to get a break-even exit. Even on 21-10-21, there was no issue as such but then as Nifty was recovering, HDFC Bank started to fall. This drove the premium down sharply and I had to make a tough call to place a Limit Sell Order at the Bid price to get "rid" of the CE. On 18-10-21 itself, I had tried to exit at the market price, but Zerodha did not allow stating that it is an illiquid option. So I learned very expensive lessons on the strategy. I have been quite successful in executing strategies so far. This trade was taken by me after a gap of 9 months. This trade was done with the results and I have till now not done such a trade. So I guess, I paid the price for it. In hindsight, so many things could have been done. However, I have presented to you the reality as it hit my PNL. With this dent, I am in no mood to take a real trade related to results-based Option Strategies. I will now do a better job when Q3 results are announced in Jan 2022. And as if what I endured was not enough, come Friday the 22-10-21 and HDFC Bank shot up to 1708 and the corresponding high of the CE that I was struggling to exit was 88!! So I was hit for not being able to hold on to a position for one more night and by 35*550 = 19250INR. This means I would have banked around 3K gains. All this is the 20/20 vision in hindsight and what happened was like - the water down the bridge. I can only keep learning and improving. What do you feel about this? How you would have handled this situation? Please share your thoughts as I am all ears and eyes open to learn and understand different perspectives. I wish you greater success in trading! Umesh 23-10-21
NSE:HDFCBANK
by AVENUESOFINVESTMENT
Patjhar ke baad aate hain din bahar ke, HDFCBANK 2300? PossibleWhile this mad bull rally is on, while I am youtubing every single market crash video periodically, it doesn't hurt to think or a moment with the trend. So, what I observed every expiry, Nifty chart watching is a waste of time. Just Watch both Reliance and HDFCBANK on split screen. If either of them is giving a large move, that’s Nifty's expiry. So much a 10% can do, imagine 10% mandatory SIP till 40 years will earn you so much! Anyway, so HDFCBANK is looking good for a very large move, which actually has been pending. Pretty simple support and resistance box. Diwali bhi hai. So very good Swing opportunity. This is just a chart pattern discussion. Please trade your hard-earned money on advice of a registered stock market expert. I am a newbie trader :)
NSE:HDFCBANKLong
by DoublebassmaniawithPranav
HDFCBANK - About to BREAKOUTThe stock is reaching the upper resistance line. If you look carefully at the pattern, it looks to be extremely bullish, and will also complete the cup and handle formation which can take the stock to new heights (1700 looks likely). Please follow us for more trading setups like these. If you have any queries/suggestions related to above pattern, feel free to type below in the comment section. Do show your love by pressing the like if you liked the idea.
NSE:HDFCBANKLong
by Yes2Profits
Hdfc bank StudyHDFC Bank spot CMP :- 1687 Elliot wave + Harmonic + Chart patterns + Price action. Time Frame : Daily Chart Patterns :- Rising contracting wedge formation on larger scale, with demand line around 1590-1600 levels, act as good support for the counter and supply line around 1800-1830 which would act as strong resistance levels,, Symmetrical triangle formation ( black dotted line coincide with harmonic pattern) counter gave break out from this formation around 1490-1510 levels, pattern have height of 248 points,, which after breakout would lead to a measured move of 248 points, so from breakout levels move of 248 points would lead to 1755-1770 levels, which would act as intermediate resistance for the counter. pre covid life high for the counter was around 1305 levels from where counter gave a fall of 566 points, once this life high was taken out counter is continuously maintaining its uptrend till date, now adding same points to previous life high would give us the maturity point of the measured move,, 1305+566 = 1872, These will be the levels to be watched for maturity of uptrend.. Elliot wave :- Counter is trading in 5 impulse leg of impulse phase,, counter recently gave a breakout above the level of previous swing high which was around 1640 levels, and have entered the final upside leg of the impulse phase,, wave 1 consist of 280 points, wave 2 have retraced around 70% of wave 1 which can retrace around 61.8 to 88.6% as per theory. Wave 3 consist of 815 points, which is extended around 2.618% of wave 1, according to theory it should be between 1.618 to 3.618% of wave 1 and is longest and strongest wave of impulse phase. Wave 4 have retraced around 38.2% of wave 3, which should be around 23.6 to 50% of wave 3, wave 4 always have shallow corrections and time consuming, they are in forms of triangles, zig zag and flats. wave 5 should be in form of ending diagonal or wedge form where volumes are lighter than volume of wave 3, it can be equivalent to wave 1 in terms of points or in terms of % move,, but should be less than range of wave 3, Calculating probabilities of wave 5 , if wave 5 is extended wave of wave 1, we get 280*1.618 = 454 points. low of wave 4 is around 1353 levels, 1353+454 = 1807,, if wave 5 is retracement wave of wave 3, we get 815*0.618 = 504 points. low of wave 4 is around 1353, 1353 + 504 = 1856. from this we get range of 1807-1856 between which last leg of impulse phase might mature. Harmonic pattern : Bearish crab pattern formation on daily time frame with PRZ level around 1815-1840, last leg of formation might mature around this levels, from where the probabilites of reversal becomes higher. Levels as per symmetrical triangle, 1756 as resistance level levels as per elliot wave , 1807-1856 as resistance levels Levels as per measured move, 1872 as resistance levels levels as per harmonic study, 1815-1840 as potential reversal levels Levels as per rising contracting wedge,1800-1830.. So from all this 1756 would act as intermediate resistance levels and range of 1810-1850 would act as stiff resistance zone where lots of patterns and study are maturing in same range.
NSE:HDFCBANK
by RUDRA007
2
HDFC Bank big Breakout HDFC bank has just given a breakout from it's double bottom pattern. But volume and Rsi indicates lower strength so we might se pullback tomorrow and that should be taken as an opportunity to enter in this golden stock Buy at 1645-1650 Targets 1700,1780 SL 1600 Long term 1800 2000 (No SL) HDFC bank is one the most fundamentally strong company and with its upcoming plans o expanding in rural areas makes it one of the best long term bet. For short Targets duration is 3-4 weeks and for Long term targets 1-2 years
NSE:HDFCBANKLong
by WillingTraders
# HDFCBANK ON THE EDGE OF A POTENTIAL BREAK OUTHDFCBANK one of the largest constituents of the market index is at the edge of a potential big breakout if it works out. There is a rounding pattern formed and it already has cleared the previous 1641 resistance and is at all time high but just need a green candle close above for confirmation. The Fibonacci extension levels indicates 1800 levels possible even if 50% FIB levels are met. The trend indicators ADX is DMI + bull zones and strength of it seen rising on all timeframes short/medium/long. The price momentum also is clearly bullish all around.However put tight stops below neckline of the breakout zone below entry candle. If this breaks out really you could image where nifty /bank nifty could get to.
NSE:HDFCBANKLong
by seekedgetrade
Levels for - 14 Oct 2021EXPLANATION : This is a 45 min time frame chart of HDFCBANK , It has been in a consolidate for day and has formed an Ascending triangle pattern . If give a strong breakout and broke its supply zone with high volumes and retest the same , I am bullish on HDFCBANK . If give a strong breakdown and broke its trendline support with high volumes and retest the same , I am bearish on HDFCBANK . If you like the analysis give a Like // Follow for more updates , let me know in comments below :)
NSE:HDFCBANK
by pranav_nanavare