Like Banknifty , HDFC bank gave clear breakout on the upside on 17th Nov . Now bulls are in control and hdfc bank is ready to go higher for ATH. Below are the trade plans for 18th nov.
1. One should be holding HDFCBank for positionally long for target open with SL 1389.
2. 1374 should act as a good support now. Any moves towards 1374 is a long opportunity with...
The Graph is moving towards making an Ascending Triangle.
There is also a small base formed . The graph might rise up from this base making a Rally-Base-Rally pattern.
Its a good opportunity to go long.
Like Banknifty and ICICI bank, HDFC bank gave a fake breakout on the downside on 13th Nov by breaking below 1360 level. Now bulls are in control and hdfc bank is ready to go up again. Below are the trade plans for 17th nov.
1. 1360 should act as a good support now. Any moves towards 1360 is a long opportunity with SL of 1353 for target of 1374/1389/1405/new ATH....
HDFC Bank played according to plan shared on November 4. At closing, HDFC bank gave clear breakout from 1250 level. Now this level will give as support for further up move. Plans for 5th November almost remains same as 4th November. Below are the plans for 5th November.
1. Any dip towards 1250 is a buy for HDFC bank. Go long with SL of 1242 for target of...
On 3rd November, HDFC bank gave good up move on daily chart with good volume. However it tested 1250 and never tried to break it. Below are the trading plans for 04 November.
1. If trades above 1250 and sustains above it on 30 min candle close, It will lead to fresh breakout in HDFC Bank. Go long with SL of 1242 for target of 1270/1300/New ATH.
2. Shorts should...
On 28th October, In 1st 30 Min candle itself, HDFC Bank broke the upper channel support at 1226, thereby confirming the move towards balanced auction profile POC and closed at 1209 level. Below is the trade plan for 29th October.
1. If Open and sustains below 1195, go short with SL of 1202 for target of 1180.
2. Sustaining below 1178 will make further weakness...
It is testing 3rd time on trendline( which is always said to be strong zone) and on horizontal level 1010-1030 price zone support overall trend from “1”. For next trading sessions 1055 above expecting 100points move, wait for blue trendline breakout also rejections from 1030.