HDFCBANK can Bounce NSE:HDFCBANK
HDFCBANK can Bounce from the current level, and my targets mentioned in the chart.
present HDFCBANK at crucial Level 1369.
above 1371 can buy
Hdfcbankanalysis
HDFCBANK Weekly Gann S/R Levels.hdfcbank 's weekly Support and Resistance levels According to Gann price Square where hdfcbank can take a support and face resistance in coming week
levels with # are most important among those levels.
HDFCBANK Weekly Gann levelshdfcbank weekly S/R levels According to Gann Price Sqaure
levels with # mark are more important levels to watch for
HDFCBANK Weekly Gann Supp and Res LevelsHDFCBANK next week S/R important levels according to Gann Square where HDFCBANK can take support or face resistance these are very important levels we have observed from previous many years of analysis market stop and revers most of the time at or near from these levels.
these are the dynamic levels which changes on the basis of weekly closing
Simple Trade Setup | HDFCBANK | 23-05-2022 [INTRADAY]NSE:HDFCBANK
Observations:
1) On 15min Time frame, we can see it gave breakout of resistance trendline.
Please refer below chart : 15min time frame.
Also we can see that range of 1330-1335 will be a neutral range if price is trading above it then it will be provide support and if price is below it then it will work as resistance.
Please refer below chart : 15min time frame.
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Trade Setup for 23-05-2022
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
HDFCBANK Levels for 23-May-22(Intraday)
Buy above 1325 for 6,13,20+++
Sell below 1318 for 6,13,20+++
Analysis based on double Pitchfork strategy to get best entry points
Can comment or ping me for any query or live updates
All views for Educational purpose, Trade at your own risk
its time to buy a correction is taking place in HDFCBANK and it may extend to form a complex else it may start to fly from here.
this is an idea chart for education purpose.
HDFC Bank is forming a rectangle pattern1) 3 touches
2) Stock trading at crucial support on daily chart
it is time to start adding this stock in portfolio for long term
Hdfc Bank Range BOBuy Hdfc Bank
Closing Price - 1687.4
Best Buy Price - 1570-1600
SL - 1525 (DCB)
Target - 1870/2100/2200
HDFCBANK - Ready for a bounceHDFCBANK
Buy-Above 1370
Sl-1320
T- 1430 1465 1500+
Stock has made a short term base and is ready to give a pullback. Consider buying above 1382 , safe level. Aggressive traders can long at cmp with sl below hammer candle low.
HDFC Analysis | Weekly forcastA symmetrical triangle is a chart pattern characterized by two converging trend lines connecting a series of sequential peaks and troughs. These trend lines should be converging at a roughly equal slope.
We have to neutral now : Wait for our price to breach out.
15 min candle should be our priority.
HDFC BANK | BIG FALL IF 1290 BROKENHDFC Bank is getting ready for a big fall if is sustains below 1290. Please follow white marked lines for targets.
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
HDFCBANK Long Idea (Intraday)Price is bouncing back and creating HL structure. Breaking 1362 can be good possibility of upside move. All the analysis mentioned on chart.
HDFC - Look for signal before buyingHDFC is falling at a rapid pace for the time being. However, as mentioned on the chart, the RSI at 4H TF is trying to tell a different story.
The volume delivery for the last week is trending at ~65% for both the instruments which infers to increasing interest levels on the buy side
The Twins needs to be on watchlist and wait for a reversal confirmation.
this is just my observation.
Let me know your thoughts in the comments section
HDFC- Good Opportunity!The analysis is based on simple institution manipulation. After the merger of HDFC and HDFC Bank, retailer participation increased two folds which acts as an opportunity for institution to fill their orders.
Simple Trade Setup | HDFCBANK | 13-04-2022 [INTRADAY]NSE:HDFCBANK
Trade Setup for 13-04-2022
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
HDFC BANK Analysis April 2022We see perfectly an indecision candle on daily time frame
In 15 min candle we can clearly see double top formation at "1524.60"
We can see there are 2 gaps pending & that has to fill sooner so we are ready for long trade.
Buy Activate when price taken out @1535 & keep on pyramiding until it refill 1602.
Looking good for higher targets!#HDFC BANK
1. Stock was all set for an Inv. H&S Break Out. However, Merger news caused a huge gap up.
2. Stock has now retested BO trend line .
3. Above 1521, stock can resume its upward journey with major supports placed at 1500/1470.
4. Target: Fresh all time high.
5. Consult your financial advisor before investing. If you found worth it, Do Like, Share and Comment.
Previous resistance become support nowPrevious resistance become support now and 200 Day Moving average also act as a support for now .
HDFC Bank Chart Analysis !!📈 HDFC Bank 📉
This Stock Broke out from a Downtrending Trendline Zone after testing four times with a strong green candle.
Bias - Long
Target - 1566, 1688
SL - 1429
RR- 1 : 2.5
All Important Supports and Resistances are drawn in chart. All levels are on closing basis.
Please have a look and revert back if you need some more study on it.
Disclaimer : Consult Your Financial Advisor Before Taking Any Decision On This Analysis.
HDFC BANK LOOKS STRONGBuy HDFC Bank if sustain above 1438 for the upper marked targets on the chart.
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
HDFCBANK LONGHadfcBank Breakout from long term downline and give strong weekly closing.
Bullish Momentum looks good
Time to invest
Disclaimer/ disclosure
I am does not provide any tips/recommendations/advice
All updates/posts/discussions are only for education and learning purpose.
Do Consult your financial advisor before taking trades or investment decisions
