IS HDFC BANK READY FOR BREAKOUT??Trade Wisely. We Can Just Predict.
Disclaimer: I am not a SEBI registered advisor , so before entering on my view please ask your SEBI Registered Advisor . Profit is your and loss is your.
Hdfcbankanalysis
HDFC Bank at Crucial Support ZoneHDFC Bank is near important support zone. If price takes support with strong bullish candle we can go long. If price breakdowns below the support zone with strong bearish candle we can go short.
HDFCBANK - Ichimoku Bullish Breakout Stock Name - Hdfc Bank Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 1703
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
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HDFC CHART ANALYSISHDFC BANK is Ready to fly after Long Time Stuck in Rectangle Chart Pattern
There is some retrecement possible in Upcoming session after breaking High Of Retrecement we can see such Big Rally
KEEP EYE ON THAT
HDFC BANK CHART ANALYSISHdfc has Form Rectangle chart pattern and gave us a nice Breakout woth 1Day Candle if BankNofty going to his favour coming session HDFC BANK is gonna Big Move
HDFC BANK CHART ANYLYSISHere is the HDFC BANK CHART anylysis where the HDFCBANK Stuck in in Support & Resistance Parallely
HDFC BANK MUST BUYHdfc bank is about to form harmonic ABCD pattern above 1730 and a must buy from these levels Go long for 6 months to 1 year target of 2000/2233 if corrected to 1580-1550 levels add more.
HDFC Bank forming flag and pole pattern.HDFC Bank has been halting on the higher levels and is consolidating in a 3% range.
The stock has been forming a flag and pole pattern on weekly time frame.
The stock has closed near the resistance zone and is trading above the 20 DMA.
Banknifty has been forming new highs and HDFC has the high percentage in the index.
Trade can be carried in this stock for either side.
Bullish Target :- 1710
Bearish Target :- 1540
Stop loss should be less than 5-7 points.
Wait for the price to crosses and close outside the consolidation zone i.e. 1592-1638.
Swing, intraday and positional trade can be carried in this stock.
HDFCBANK 1D Breakout1. High chances of breakout after Multiple testing of level and 20 days consolidated in range.
2. Higher high and higher low last 5 days.
3. Possible long with 1st 1670 and 2nd 1720 with support at 1590.
HDFCBANK - Ichimoku Bullish Breakout Stock Name - Hdfc Bank Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 1642.
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
# Cloud Trading
# Ichimoku Cloud
# Ichimoku Followers
I hope you all like my analysis.
Please do share your thoughts into comment section.
Please give a like, share & subscribe for daily analysis.
HDFCBANK Daily AnalysisPennant Pattern observed in HDFCBANK
Can breakout go towards resistance tomorrow.
Target 1630.
Expecting breakout of pattern above 1630.
HDFC BANK FALLING TRENDLINEHDFC BANK gave a breakout above 1604 of a falling trendline , can initiate long positions with a very small stoploss of 1599 which is almost 0.2% .. It has a huge potential with a small risk
HDFC BANK RANGE Hdfc bank is moving within a parallel channel between 1590 and 1640 , Buy HDFCBANK above 1640 or Sell HDFCBANK below 1590 , both on daily closing basis . Same with stoploss , if buying then SL 1630 on daily closing basis , if selling then SL 1600 on daily closing basis . Currently wait for breakout or breakdown
HDFC BANKHDFC BANK
Gaps are areas on a chart where the price of a stock (or another financial instrument) moves sharply up or down, with little or no trading in between. As a result, the asset's chart shows a gap in the normal price pattern. The enterprising trader can interpret and exploit these gaps for profit.
HDFC Bank Daily Timeframe AnalysisHDFC Bank getting ready for Breakout
It has formed Narrow range of last 8 sessions and Inside bar candles in last 3 sessions
Making LH - LH structure
Consolidating above last 88 days support zone and sustaining after dynamic resistance (trendline) breakout and formed NR7
If Breakout above 1468 and sustained can go long with SL 1445 and momentum targets of 1487,1513,1540
HDFC Bank AnalysisHDFC Bank has given a good bullish move in 2nd half today, I expect further bullishness. There are total 3 scenarios that can happen:
Scenario 1 : Open above 1529 & retest of this level, buy if the level holds & market shows bullish momentum.
Scenario 2 : Price comes down to the first demand zone between 1505-1510 & shows bullish momentum then buy for a min target of 1529 with 1505 as SL.
Scenario 3 : Price comes to the 2nd demand zone between 1495-1500 & Shows bullish momentum then buy for a min target of 1529 with 1495 as SL.
HDFC BANK Important Trendline Breached & Gap has been filled today, Volume wise I can see strength,
Important day for tomorrow. I Will wait for the follow-up candle Then then take action...
Volume & OI is important as always...
What is Trading in the zone | Example with trade Idea I daily make educational content videos on financial markets
HDFC Bank Intraday Setup for 13th SeptHi Guys,
HDFC Bank made triangle pattern.
Either side breakout can give you good return.
Support and resistance marked by trend line.
You can take intraday position as per your analysis.
Note - Please do proper analysis and maintain strict SL before taking any trade.
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HDFC BANKWait And Watch ??
Look for Low risk, High reward, and High Probability setups-
Things to Remember while Trading with the Trend
1. Know what the trend is.
2. The best trades are made in the direction of the trend.
3. Assume that the main trendline or moving average will hold.
4. The longer the moving average is, the better it defines the trend.
5. Wait for the pullback.
6. Don’t chase the market.
7. Don’t fight the market.
8. Even in the strongest trends there should be some retracement.
9. The closer the market is to the trendline, the better the risk/reward ratio is.
10. Use ADX to determine the strength of the trend.
11. Higher the level of ADX , the stronger the trend, below 20 consider the market to be choppy
12. Hold trades longer in a strong trend.
13. Wait for confirmation of a trendline breaking before reversing position.
14. Know where the Support levels are.
15. Place stops outside the Support levels.
Thank You..
HDFC Bank Intraday 25 August HDFC breakout trade possible above - 1475
first target -1479
second target - 1484 and
third target - 1494
SL - 1471
Note - Before taking trade do your analysis,
Trade with strict SL and manage your risk.
HDFCBANK - Ichimoku Bullish Breakout Stock Name - Hdfc Bank Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 1465
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
# Cloud Trading
# Ichimoku Cloud
# Ichimoku Followers
I hope you all like my analysis.
Please do share your thoughts into comment section.
Please give a like, it motivates me to do analysis.
