#breakout #hdfcamcBO Above 2840
Looking for Target of 3400++ ATH
Will Exit If goes below 2600 NSE:HDFCAMC "NSE:HDFCAMC"]NSE:HDFCAMC
Hdfcbankanalysis
hdfcbank Hey all, as we can see i draw meaningful trendline and arrows which is indicating the upcoming moves of hdfcbank stock price. understand the chart and chase the moment.
HDFC Bank - if 1372 breaches, 1320 is the next target.1372 is 20 DEMA, should hold, if it breaches 1321 (Kijun on daily charts) is the next target.
I'll consider it weak unless 1414 is exceeded on a closing basis.
thats how i traded HDFC BANK, through proper Price Action this chart is fully loaded with proper price action not with any indicator
if you have any doubts you can directly text me
.
.
.
thanks
have a profitable week a head
Hdfc at critical resistance Hdfc may further extend its bullish move as it is in a continuous uptrend and now at a resistance level .
Note only trade if it consolidate there and give a breakout or confirmation. keep tight SL
HDFC Bank Trade Plan for 18 NovemberLike 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 SL of 1360 for target of 1389/1405/new ATH . This can be positional trade as well.
2. 1374 is now composite profile POC .
3. Go short only if 1353 breaks with SL of 1360 for 1342/1328/1309.
As HDFC bank is near All time high, i would never suggest you to take short trade. However these levels can be used for finding support in BankNifty as HDFCbank is major constituent in BankNifty .
If you guys like the idea, please give a Thumbs up to motivate me. Also Please share your thoughts in comments as well.
HDFC Bank Trade Plan for 17 NovemberLike 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. This can be positional trade as well.
2. 1374 is now composite profile POC.
3. Go short only if 1353 breaks with SL of 1360 for 1342/1328/1309. As HDFC bank is near All time high, i would never suggest you to take this short trade. However these levels can be used for finding support in BankNifty as HDFCbank is major constituent in BankNifty.
If you guys like the idea, please give a Thumbs up to motivate me. Also Please share your thoughts in comments as well.
HDFC_BANK L0NG | 45 MINSThe 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.
HDFC Bank - nearing 52 week highNote: This is for educational purpose only.
HDFC Bank is nearing 52 week high with surge in volumes. If the price move above the 52 week high, there will be a new high.
HDFC Bank Trade Plan for 05 NovemberHDFC 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 1270/1300/New ATH .
2. Go long aggressively above November 4th High i.e 1260 with SL of 1245. Targets can be same as in point 1.
3. Shorts should be triggered only below 1235 with SL of 1245 for target of 1222.
HDFC Bank Trade Plan for 04 NovemberOn 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 be triggered only below 1235 with SL of 1245 for target of 1222.
Remember HDFC bank is major contributor to BankNifty. If HDFC bank give fresh breakout and ICICI bank already in upmove, BankNifty can go like wild horse.
Only concern is Nifty is still in consolidation while Banknifty is in run.
HDFC Bank Trade Plan for 29th OctoberOn 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 and can go till 1165 level. SL for this would be 1183.
3. Longs can be only initiated above 1226 for target of 1235 with SL of 1222. This looks very less likely.
Tomorrow is monthly expiry. Moves can be very fast. Trade according to your plan
HDFC BANKHDFC Bank reversed from a Bearish Harmonic Bat and now has activated a Bearish C Clamp as per Ichimoku study. It faces resistance at 1210 and it could retrace till 1130/1080 provided it does not breach above 1240
Harmonic Trading Patterns are formations based on Fibonacci Ratios which indicate reversal of a trend with retracement levels of 38-50-62% of the trend line.
Ichimoku is a Japanese origin study of charts based on specific Moving Averages combined together to give a trend based signal in terms of both Price and Time.
HDFCBANK SHORT INTRADAY
This Trade is derived on Probability basis; Do Not Risk more than 3% of your Principal amount;
HDFCBANK LONG- Pole FlagThe stock has given breakout of its pole flag and we can expect it to continue it upward rally in upcoming sessions.
These are my personal views, trade as per your own analysis.
