HDFC- Swing trade#HDFC
Buy- 2550-2590
Sl-2440
T- 2800 2955
RR is good here. Firstly the stock has fallen from 300 levels. Time for a pullback. This is aggressive buy. As trendline has not been broken. Safe traders can buy after trendline breakout.
Hdfcbankanalysis
Simple Trade Setup |HDFC BANK | 03-02-2022 [INTRADAY]NSE:HDFCBANK
Again selecting the same stock for tomorrow as well.
Observations:
1) On 1 day time frame, It gave breakout of the resistance channel.
Please refer below chart : 1day Time Frame.
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Trade Setup for 03-02-2022
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 !! #HDFCbank
Description : HDFC Bank at lower levels following support area and a trendline zone as well.
Support Area : Support at 1420-1450
Resistance Area : Resistance at 1550-1575 if broke above it then 1675-1700 Zone to watch for.
Simple Trade Setup | HDFCBANK | 02-02-2022 [INTRADAY]NSE:HDFCBANK
Observations:
1) On 15min time frame, we can see it has been rejecting from the resistance channel and also it is having immediate resistance at 1500 level. Breakout of it can give easy 20 points up move and can also give another 20 points till 1540 level.
Please refer below chart : 15 min Time Frame.
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Trade Setup for 02-02-2022
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 - BUY a swing tradeCMP: 1521.60
HDFC now making structure of Head and Shoulder as per Chart. Now it go for neckline and retraced above neckline. Potential to buy above neckline when retrace at 1555.
Upcoming target 1555, 1586, 1645 and high 1699. beat for Swing trade.
Feel free to share your feedback and queries.
If you want to know about your stock please mention in comment.
Shorting opportunity in HDFC Bank in short term time frameHDFCBank looking weak in short term time frame. ICICIBank and KotakBank have broken below their support. BN below 36900
HDFC bank Inverse H&S formationHello traders, I hope you are doing well
The setup that I can find in hdfcbank is clearly explained above in the chart.
Specific details for the chart explanation
The inverse head and shoulder pattern has not yet been completed.
The breakout also requires to break the supply zone near 1500 levels.
Stock has retraced back to 78.6% from the last swing high.
Stock gave a breakout of a steep declining trendline of 40 degree angle
200 ma acting as support.
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HDFC BANK | NEO WAVE FORECASTHi
This is our weekly forecast, in this we are updating our weekly neowave view for bank nifty and 8 stocks. If anything changes in the count we will update you next week
if you have any query, than write in comment box.
Thank you.
HDFC Bank: trend-line support + inverse H&S - LongA clear underperformance YTD. Looks great Technically. Go long for 1650 1725 1875.
HDFC Bank About To Break Support zoneAlong With Nifty Banknifty Is Not Falling Just Because Of HDFC Bank But Tomorrow We Can See 20-25 Points Downside Movement In HDFC Bank Also Which Trigger In BAnknifty Along With Nifty
HDFCBANK 15Min AnalysisHDFCBANK trading in Pennant Pattern signaling sideways action for 10-01-21. Avoid trading HDFCBANK until it breaks the Pattern. If price breaks above the pattern then we can see 1575 and 1600 levels, break below of the pattern can take price to 1500.
HDFC Bank forming flag and poleOn a monthly chart analysis HDFC Bank shows a good consolidation in ascending triangle pattern,
The breakout of Flag and Pole pattern can move the stock to upper levels.
Hdfc bank is good for long term investment.
HDFC Bank#HDFCBank
Poor structure & It is still near 52 Week Avg price. If unable to breach 1600 then It may continue to fall up to 1250.
HDFC BANK HDFC Bank has made a very strong comeback, breaking past above the 200 as well as the 50-day moving average So, HDFC Bank is likely to continue its momentum and start to outperform from the banking space. We would suggest a buy with Rs 1,650 as a momentum target and stop loss could be kept at Rs 1500 mark..
..
Disclaimer:This view is purely for educational purpose and it's my personal.Please consult your financial advisor before attempting any trade. We're not responsible for any loss or profits.
hdfc bank just took support from the channel and HDFC bank looks bullish which can give a return upto 13%
HDFC Bank ready for next journeyAs per daily chart of HDFC Bank, it looks good for intraday above 1485 with stop loss of 1461. Those who are looking for long term investment, they can buy HDFC Bank with closing basis stop loss of 1412. HDFC bank has given break out in the daily time frame.
Simple Trade Setup | HDFCBANK | 29-12-2021 [INTRADAY]NSE:HDFCBANK
Observations:
1) On 1 day time frame, it closed just above 10DMA and still trading below 200DMA.
Please refer below chart : 1 day Time Frame.
2) Also on daily time frame, it made doji candle.
If it trades above today's high then it will be quick buy trade.
And if it trades below today's low then it will be quick short.
Please refer below chart : 1 day Time Frame.
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Trade Setup for Date: 29-12-2021
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 - Taking good support🔴DISCLAIMER
***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ******
Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to have its bullish pressure after the breakout)
After reaching our targets, trail your stop loss to get maximum profit from the stock in a single trade
HDFC Bank is on the verge of Support LineLook at HDFC Bank Chart, on Friday had taken support from it's trendline and able to close his day above the trendline successfully. But on tomorrow, need to look at that level again because if breakdown will happen then we can see share price trading near by 1400 level.
HDFC BankImportant Levels.......................................................................................................................................................................................................
hdfc bank looks tired the biggest private sector lender looks tired at as far as i see
although dont expect a very heavy fall
a time correction possibility in the counter seems very high
i see it in range 1340 to 1580 for coming 1 year ahead
my view will negate on closing above 1567 mark on weekly frame
