HDFC Bank Analysis Stock has given BO after downtrend channel, volume build up seen, follow chart for proper support and resistance levels. Today's fall in small cap and mid cap stocks will result rise in large cap stocks.
Hdfcbankanalysis
HDFC BANK Reversal W pattern Weakly Time frame
Reversal W pattern
Top price 1720-1760
1600 Line breakout
Resistance 1600-30
First Target 1535
2nd Target 1385
3rd Target 1280
HDFC AMC - Seems Bullish with cup and handleHDFC AMC is making long term cup and handle pattern. Wait for the handle to break out for an amazing target.
Currently banks and financial services setor is doing great. Some stocks gace over 50% return in last one year. Keep an eye on RBI policy announcement..
HDFC Bank: A Good Stock for the Long TermHDFC Bank is the largest private sector bank in India and is expected to report strong earnings tomorrow. The stock is currently trading at a premium to its fair value, but it is still a good stock to own for the long term.
Here are some of the reasons why HDFC Bank is a good stock to own for the long term:
Strong financials: HDFC Bank has strong financials with a high capital adequacy ratio and low non-performing assets.
Good growth prospects: HDFC Bank is well-positioned to benefit from the growth of the Indian economy.
Dividend yield: HDFC Bank has a good dividend yield, which provides investors with a steady income stream.
Here are some of the risks to consider before investing in HDFC Bank:
High valuation: HDFC Bank is currently trading at a premium to its fair value.
Regulatory risks: The Indian banking sector is facing some regulatory risks, which could impact HDFC Bank's performance.
Interest rate risks: HDFC Bank is exposed to interest rate risks, which could impact its profitability.
Overall, HDFC Bank is a good stock for the long term. However, investors should be aware of the risks before investing in the stock.
Trading Strategy
The following is a trading strategy for HDFC Bank:
Entry: Buy the stock at 1640.25.
Stoploss: Sell the stock if it falls below 1610.40.
Target 1: Sell the stock if it reaches 1670.10.
Target 2: Sell the stock if it reaches 1703.
This is just a suggestion and you should always do your own research before making any trading decisions.
HDFC Bank LtdMajor points of HDFC Bank.
Disclaimer: Only for eductaion purpose, do own research before investing in stock market.
HDFCBANK Hourly chart CUP-Handle Pattern Formation - 10% upsideHDFCBANK Hourly chart CUP-Handle Pattern Formation - 10% upside possible in next 15 trading sessions.
LTP - 1675
SL - 1640
Targets - 1840+
Timeframe - 15-20 Trading session
Risk Reward Ratio - 1:5
Happy Investing.
HDFCBANK Hourly Chart shows Target of 1900 in 2/3 MonthsHDFCBANK Hourly Chart shows Target of 1900 in 2/3 Months
LTP - 1678
SL - 1620
Targets - 1740 / 1810 / 1900
Timeframe - 2/3 Months
HDFC BANK CLEAN BREAKOUT HDFC BANK CLEAN BREAKOUT - cmp 1459
Clean longfor Hdfcbank from here on for 1520 1560 Plus Targets
HDFCBank Weekly Chart Suggest 20% upmove in next 6-8 MonthsHDFCBank Weekly Chart Suggest 20% upmove in next 6-8 Months.
CUP Pattern Breakout in progress on Weekly charts.
LTP - 1640
SL - 1540
Targets - 2000+
Timeframe - 6/8 Months
Every Dips can be used to accumulate the stock for Medium Term investment.
HDFC BANK Long entry- PositionalHDFC BANK has taken support at 1600
Levels marked Trend line BO.
Use at your own discretion. Analysis is only for educational purpose
HDFC Bank trendline support & triangle patternHDFC Bank taking support at same trendline from last 1 year & making triangle pattern if give close above 1620 in coming days then can see some move in HDFC BANK.
But HDFC Bank & HDFC merger will be there in next month around 20 July if some negative news comes or selling from funds then HDFC Bank will not move in upward direction at all
HDFCBANK Intraday Analysis: 14-Jun-23HDFCBANK imp zones mentioned on chart and expected direction and reversal points on chart
Buy>1613 SL: 1595
Target : 1623,1640,1675
Buy>1595 SL: 1612
Target : 1580,1560
Wait for Proper Rejection :
@Support : Bullish
@Resistance : Bearish
Any query do comment
*All views for educational purpose only
Keep an Eye on HDFCHDFC is now trading at an important level.
the portion marked in green box can act as a demand zone where HDFC is reversed for several times which means it may act as a strong support area.
Therefore, it is important to keep an eye on HDFC and check if it gets a bounce from here or breaks. if it breaks down the are we may see a massive fall in the indices as well a panic selling can be witnessed in HDFC.
Note: this idea is only for educational purpose.
HDFC 1D TFHere's the chart analysis of HDFC BANK on 4H TF. Please take trade according to the Global cues and Markets sentiment.
Please follow me for more chart analysis.
HDFC BANK shortHDFC bank is looking good for a short , short to medium term swing trade , with small SL just above the candle , need breakdown and price has to sustain below supports of 1670, RR looks good and banknifty looks overheated
hdfc bankhdfc down side target 1550
hdfc bank complete 5 wave upside and correction start wave a,b,c
HDFC Target HDFC create inverter head and shoulder
break out Nekline
buy signal
Disclaimer
No buy and sell recommend
Hdfc Bank Monthly ChartThe stock is trading within a triangle pattern on monthly chart.
The high is tasted multiple time and chances are high to breakout near future.
Immediate resistance is placed at 1733.
I have mentioned all the important levels in the chart.
Like, Follow and Share.
HDFC BANKWaiting for a daily closing above 1725....
stock got rejected thrice from it... hope this time it will break it
HDFCBANK is looking bullish as BNF looksNSE:HDFCBANK is looking strong and ready to show 1800 levels as it breaks out 1720 levels decisively. Banking sector is so much bullish these days.
HDFC BANK TARGETS based on current and fresh S/R LEVELSNSE:HDFCBANK can short hdfc bank till fresh support level and wait for it to be broken for further fall, best to book at fresh support and re enter short position once it gets retested as resistance , target can be last tested support area, avoid short if current resistance is broken.
Cholamandalam fin. bullish mode.Cholamandalam fin. is in bullish momentum. It is working in parallel channel. it may test 904 soon.
Short Possible , high RR trade The scrip has formed aa CUP and as bank nifty is rear resistance so there is a high possibility that bank nifty may see some profit booking so expecting HDFCBANK to experience some down side move.
