Hdfcbankanalysis
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 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 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.
#HDFCbank Looking good for 27 mar 23#HDFCbank... ✅▶️
Intraday as well as swing trade
All levels given in charts ...
IF good potential seen then we work in options also
if activate then possible a huge movement Keep eye on this ...
We take trade only when it activates...
Possible to give good target
TRADING FACTS
#HDFC Looking good for today 15 mar 23#hdfc... ✅▶️
⛳️⛳️⛳️⛳️⛳️⛳️⛳️⛳️⛳️
Intraday as well as swing trade
🔷All levels given in charts ...
we provide stock as well as option level over their
🔷 IF good potential seen then we work in options also
🔷 if activate then possible a huge movement Keep eye on this ...
🔷We take trade only when it activates...
🔻🔻🔻🔻🔻🔻🔻🔻🔻🔻
Possible to give good target
👍👍👍👍👍👍👍👍👍
TRADING FACTS
THIS IS HDFC BANKHDFC First High @1724.30 on 04APRIL22
HDFC Second High @1702.00 on 24JAN23
I can see three possibility.
1. Price will go up near @1702.00 and breakout! or a Rejection.
2. Market will mitigate the box and down that means SHORT.
3. MAYBE NEW HIGH BETWEEN @1724.30 & @1702.00
CORRECT ME IF I'M WRONG!!!
HDFCBANK Bearish short term - 1500HDFC Bank forecasting
On weekly chart there is distribution coming in from higher levels and stochastic showing bearish divergence.
For short term the stock may be in bearish range and can reach target of 1500
On weekly chart once the cup and handle pattern completes close to 1500 level.
The long term target for the stock is 1800-1900