HDFCBANK after consolidating for over an year and now breaking out after forming a cup & handle pattern . Charts can't be much clearer than this . Good investment bet for targets 1800-1900 in coming months . Cheers Follow @piyushrawtani for more!
Hi guys, HDFC bank looks bullish. I have marked the entry, Stop Loss and Targets. Happy trading. Comment your views and doubts.
EXPLANATION : 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...
EXPLANATION : This is a 30 min time frame chart of HDFCBANK . It has formed Triple top pattern breakout & retest , If stock give a breakdown and broke it's trendline support , I am bearish on HDFCBANK . If stock bounce back I am bullish on HDFCBANK . If you like this analysis give a Like // Follow for more updates , let me know in comments below :)
Hdfc bankis trading near its major resistance keep an alert as it can give a big breakout for upside, the resistance zone has formed on the all time high which is making it a reliable and a crucial level for the overall stock. Think buy only after breakout with small SL It can give a decent Risk to Reward trade
Hdfc Bank consolidate today because of RBI Policy but you can see an upside rally in near future with the target of 1658.65 No SL buy on dips.
EXPLANATION : This is a 45 min time frame chart of HDFCBANK . It has been in a sideways for days and formed Symmetrical triangle pattern ; A symmetrical triangle chart pattern represents a period of consolidation before the price is forced to breakout or breakdown. A breakdown from the lower trendline marks the start of a new bearish trend , while a breakout from...
HDFC is a market mover in nifty50 which is consolidating in a long range . It is still a buy at dip stock and can be bought at its high demand zone of 2635 to 2600 which is also a HARMONIC BAT REVERSAL ZONE Buy at 2635 SL below 2550 first target of 9-10% Above that sky is open for HDFC
hdfc bank..........................................................
hdfcbank given breakout lets see if it sustain on daily..... if yes, then we can see a good bull run in banknifty.......
HDFC bank look good on weekly basis. if its close above the 1642 on daily basis go long. as it from double bottom on weekly chart and trading near all time high. chart seems promising. this idea not for trading only for investment purpose at least for 6 month.
EXPLANATION : This is a 1 hour time frame chart of HDFCBANK . It has formed Evening Star Doji Pattern , It signal a more bearish trend than the evening star pattern because of Doji that has appeared between the two bodies . If you like this analysis of Stock give a Like // Follow for more updates , let me know in comments below :)
On 1D TF HDFC Bank is near support of 1500-1520 . If these levels are tested and then a buying position can be made for coming weeks.
HDFC BANK have double pattern formed triangle pattern have now breakout and getting retest area wait for trend reversal NOTE command which stock to analysis dont forget to like and follow
HDFC BANK formed an Ascending Triangle Pattern on the 15-minute chart. All the details are given in the chart itself.
Buy above - 1582, SL - 1555 for targets of 1598, 1650. HDFC Bank Ltd is forming Bullish Pattern at support.