BANKNIFTYif banknifty doesn't hold 19330 then we can see some down side and also it has formed head and shoulder pattern and also it started to trade in very close range be careful.
only for educational purposes
Hdfcbankanalysis
HDFCBANK SHORT TERM VIEWBUY HDFC BANK IF CROSS 970 ON HOURLY CHART OR SELL IF BREAK 925 ON HOURLY CHART
HDFC Bank Triangle Pattern !!TREND ANALYSIS & TRADE SETUP
Wave Analysis & Chart Pattern .
Follow Chart Instruction.
Do not be Hurry for entry.
Wait for Proper Entry Setup.
Buy/Sell with Best Risk Reward.
Educational Chart Only.
Wait for entry setup, if available then Long/short.
R:R is 5-8 times.
HDFC Bank Weekly... Range Bound. This week low has taken out the lows of mostly entire range.. Expect to retrace more and on testing TL can buy for swing gains..
MOMENTUM TRADE IN HDFC BANK !!(DEC FUT)!!MOMENTUM TRADE IN HDFC BANK !!(DEC FUT)!!
VIEW
-HOLDING ONTO ITS RANGE
-21-EMA SUPPORT
-SUPPORT @1250
TRADE VIEW
DEC FUT
BUY@1275
STOP@1265
TARGET 1@1287
TARGET 2@1297
LOT:250
QTY:2
HDFC Bank | Trendline Break - Shows weaknessHDFC Bank has cut below a rising Trendline showing weakness along with overall market. Upcoming support area between 2400 & 2410 is very crucial. Any level to which the price could react as support should be the mentioned range around 2400. Below that level, the stock could well drag down to 2320-2340 region.
(Disclaimer: Our charts and contents are just for the purpose of analysis, learning and general discussion. Do not consider these as trading tips or investment ideas. Trading in Stocks, Futures and Options carry risk and is not suitable for every investor. Hence it is important to do your own analysis before making any investment or trading decisions based on you personal circumstances and it is always better to take advice from professionals)
HDFC Bank | Bullish ContinuationAs we observed in our previous analysis (attached below) of the stock, it bounced off from the support zone. The stock has now broken out of a range making it a bullish continuation pattern i.e. Bullish Flag. Hence we can expect HDFC Bank to hit 2640 in coming days as suggested by the pattern.
(Disclaimer: Our charts and contents are just for the purpose of analysis, learning and general discussion. Do not consider these as trading tips or investment ideas. Trading in Stocks, Futures and Options carry risk and is not suitable for every investor. Hence it is important to do your own analysis before making any investment or trading decisions based on you personal circumstances and it is always better to take advice from professionals)
HDFC Bank | Set to move up?HDFC Bank has been in a consolidation phase for a while. Currently the stock is at range bottom wherein a trendline support coincides. The price also being a round number, it increases the probability of stock moving upwards, at least to 2460.
(Disclaimer: Our charts and contents are just for the purpose of analysis, learning and general discussion. Do not consider these as trading tips or investment ideas. Trading in Stocks, Futures and Options carry risk and is not suitable for every investor. Hence it is important to do your own analysis before making any investment or trading decisions based on you personal circumstances and it is always better to take advice from professionals)
