Hdfcbankanalysis
HDFC BANK1)We can also bet on (29 JUL 2021 1500CE) for 20-50% returns in next week
-------------------------POSITIVES--------------------------
1) More than 2 week consolidation
2) Volumes are not dry
3) Todays action in such a patchy market shows strength, holding bank nifty single handedly
4) If HDFC BANK will go up then Bank Nifty will also go up
5) Volumes are greater than yesterday
6) It's HDFC Bank
-------------------------Negatives------------------------------
1) Call writers on upper band of Bank nifty
--------------------------THANT'S ALL-------------------------
hdfc bank for 17.06.2021understanding trades through support and resistance.
trade will remain void if opens big gap up or gap down.
If HDFCBANK breaks 1500 level decisively then it can rallyIf NSE:HDFCBANK crosses 1510 levels decisively then it can rally towards 1550 and 1600. Some broker houses have given it's target of 1700. Hope to get the momentum soon.
HDFC- 🥳 🥳Looks good for a quick option.
Take trade as per the values given in Fibonacci. always trail the stop loss. do your own analysis before taking trade
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Bearish Divergence? RSI levels in 4 hour chart of HDFC have made lower highs continuously while the share has rallied impending a healthy correction. However the share is at the trend low now and can show some upside. Lemme know what you think in the comments.
Hdfc Bank - For 11.06.20211.good to buy above -1486, targets -1493, 1500, sl-1480
2.weak below -1478, targets - 1471, 1463, sl-1484
3.void if opens big gap up or gap down.
HDFC BANK FOR 09.06.20211. Buy above 1487, Targets -T1, T2, Stoploss -1481
2. Sell below 1480, Targets -1472, and 1464, stoploss -1486
3. avoid trade if opens big gap up or gap down
HDFCBANK, Bullish WedgeHDFCBANK, moving in bullish wedge, and also on very strong support.
Can buy here with SL of 1%.
Intraday levels - 07 June 2021 Here we simplify trading analysis ( any queries ask in comment box )
- Price action
- Follow trend line as support if break down wait for retest
- Use pivots for target
Intraday levels - 04 June 2021 - Simple price action
- Inverted head and shoulder pattern
- 5 min time frame cup and handle pattern
- Use pivots target marked in chart
HDFC Ready To Fly- HDFC AnalysisHDFC has been sideways since a long time. It has made a base and now trying to come out from that.
Buy HDFC from the given below levels.
Buy Above- 2630
SL- 2560
Target - 2700 2785 2860 2900 2965
Below 2350 will lead to a major correction in HDFC.
Note:- I am not SEBI registered . All Views and trade setups are my personal view and my personal trade setup.
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