HDFC Bank : Short-Term Bounce Before the DropHDFC Bank (currently at 735.60) is in a clear daily downtrend. However, expect a small recovery bounce before the sellers take over again.
The Setup:
The Ceiling (Resistance): The price is likely moving up toward the falling blue trendline in the 755 – 760 zone. This area also lines up with the 100-day moving average (759.04), creating a very strong wall for buyers.
Trade Plan: "Sell on the rise." Wait for the price to hit the 755 – 760 area. If it stops going up and starts falling from there
Hdfcbankforecast
HDFC Bank: Strong Recovery, But I'm Waiting for a Better EntryHDFC Bank has quietly staged a strong recovery over the past few weeks, climbing from around ₹740 to ₹830. The long-term trend is beginning to improve, but I believe the stock is approaching a zone where risk starts increasing.
What I'm Seeing
Price has reclaimed the 200-day EMA (around ₹810), turning long-term momentum positive.
The stock is now trading just below the daily Pivot (₹832.8), with R1 at ₹839.5 acting as the first resistance.
More than 97% of analysts continue to maintain a Buy
HDFCHDFC key support level at 781 red dashed line as aleady been broken, So now it could test 📉 below yellow dashed line support at 715
In higher time frame it could even crash to 540 level marked in green dashed line.
Disclaimer:
It's a personal view not a financial advice and I assume no responsibility and liability whatever outcome arises.
HDFCBANK - Extended Retracement Phase
📊 HDFC Bank – Daily Chart Update | Extended Retracement Phase
Timeframe: 1D
Trend Context: Medium-term correction within a broader structure
Current Price: ~₹925
🔍 What Changed from Previous Analysis? (Important Update)
Earlier, we discussed an ABC correction nearing completion around the ₹960–965 zone.
📉 Price failed to hold that zone, leading to a deeper, extended retracement.
Now the structure has evolved into an extended Fibonacci retracement, where buyers may re-emerge, but with high
HDFCBANK — 1H Technical Analysis
Timeframe: 1 Hour
Structure: Intermediate ABC correction within a broader uptrend
Current Price Zone: ~₹963
Trend Context: Higher-timeframe trend remains positive, short-term corrective phase in progress
🔍 Market Structure & Price Action (Educational View)
Price is currently forming an Intermediate corrective ABC structure after facing rejection near the ₹1,018–1,020 resistance band.
Wave (a): Sharp impulsive decline from the top
Wave (b): Retracement toward resistance, failed to make a new
HDFC BANK : 45-50% upside possible in 1.5 Years. BODHi friends,
Targets are mentioned in the self explanatory chart .
HDFC Bank is the largest private sector bank having all time high profitability & sells .
It has well controlled gross and net NPA compared to its peers .
There is a very good probability for the stock to reward its investors with ~50% return .
Its a BOD (BUY ON DIPS) as per my analysis .
Please feel free to comment or share your views on my analysis .
Note : I am not SEBI registered advisor . Please consider my analysi
Margin Concerns Weigh on HDFC Bank Shares, Down 2.2%◉ HDFC Bank's Quarterly Update
HDFC Bank, the largest constituent of the Nifty 50 index, has released its quarterly performance update, highlighting a notable divergence in deposit and loan growth. Specifically, the bank reported a 15.8% year-on-year increase in deposits, significantly outpacing the 3% year-on-year growth in loans.
◉ A Cloud of Uncertainty
Experts believe this gap could negatively impact the bank's net interest margin, possibly reducing its net profit.
◉ Investors Take a S
HDFC Bank will Breakout from 1722-1800 Range??HDFC bank trading in its upper range 1722-1800 which always acted as resistance.
In Weekly charts Cup & Handle Pattern is complete & also given breakout above 1722-1744 levels but as this range always acted as resistance so will wait for any correction or will buy after breakout of 1722-1800 range. Target will be 2222-2333 range. Trade with proper Risk Management & Happy Trading Thank You.
HDFC BANK Swing Long Update- HDFC Bank is currently trading at 1742
- HDFC bank followed my plan exactly the way I had predicted and anticipated it to play out
- HDFC Bank is now approaching a decent supply zone where we can possibly see a reaction from 1764
- HDFC Bank has printed and pulled Indexes too once this starts to cool off market might give a sudden downturn move watch out
HDFC Bank Swing Long Setup- HDFC is currently trading at 1636
- HDFC is setting up and trying to build a base on a 4h TF
- HDFC is setting up a fair range for buyers and sellers according to this base that's what it signifies
- HDFC can take out Sell Side Liquidity before moving up to trap breakout buyers and fomo longs
- Manage risk total risk on this setup is 2% so just manage risk and look to shave 3-4% minimum
HDFC Bank Ltd - Breakout OpportunityDate : 2-Aug-2024
LTP : Rs. 1,659.15
Next Resistances: (1) Rs. 1,721 --> (2) Rs. 1,794 --> (3) Rs. 1,921
SL : Rs. 1,532 on daily close basis
Technical View:
• NSE:HDFCBANK is in it's primary uptrend and was recently going through it's secondary downtrend.
• After touching the high of 1,794 on 3-Jul-2024, it has retraced 11% to 1,588.05 level.
• Post retracement NSE:HDFCBANK was going through accumulation phase and in last few sessions has given indication of starting a participation p
#HDFCBANK BREAKDOWN 08/07/2024How to trade HDFC Bank Stock after its Fall 05/07/2024
HDFC BANK the stock is holding above its 50-day moving average, the big traders or specialist remains positive on the other side showing resistance at 1700.
After such a sharp decline, HDFC BANK is likely to find support their is high possibility of a bounce back from the mentioned support levels.
On the higher side, Immediate resistance is at 1700 and the next crucial resistances are at 1740 and 1790-1800 levels.
The overall structure of
HDFC Bank retesting the break out zone, looks bullish.
The stock looks bullish as per the price action. There was a consolidation and a break out after a gap up opening creating a gap.
It has retest the break out zone and the gap is filled.
HDFC Bank has taken a good support from 1480-90 zone as there is a confluence of 200 ema, retest and fib retracement levels.
Entry :- Above 1528
Possible Targets :- 1556, 1588
Swing/positional targets in the stock are even more. As the entry in the stock will be created the targets will be revised with tr
HDFC Bank mostly will fall once support line is brokenHDFC Bank mostly will fall once support line is broken. NO analyst or Media giving actual view on HDFC Bank Q4 results because they all hold holdings and they want exit first and not guiding the public about poor results from HDFC Bank. I am expecting a bigger fall in this bank leading the BN and N to fall as per pending wave on down side.
HDFCBANK Update Here, is the chart or projection of HDFC BANK for the future as usual as a part of update on our earlier projection....
I hope this will definitely help you a lot so we just expect your love by boosting our ideas to strengthen and energize to post such a valuable content for you guyz ..
use this as educational purpose...
HDFC BANK Trade Setup Idea - HDFC BANK is currently trading 6.8% from my previous short analysis
- HDFC Bank can soon present a bullish scenario grab some orders and then flush out all the FOMO buyers
- IMO 1100-1250 is a very strong demand zone for HDFC bank
- HDFC bank can soon present an opportunity to bag it at cheap price
- I am still heavily bearish on HDFC
- Demand - 1180-1260, 700-850
- Supply - 1500-1600
Huge selling in HDFC. How to trade it tomorrow.One side fall in the stock has impacted the indices too.
HDFC bank, is heavy weight in index, fell 140 point or 8.5% created a sell off.
It took a retest of 200 ema and has closed below both the averages. It may give another red candle tomorrow.
There stock has closed around a support zone and chance of testing 1500 levels are high.
Short position can be created below 1535 levels and targets can be trailed if the market remain in red.
Support levels:- 1505, 1470-80
The results are not that
#HDFC monthly chart deep analysis and assumptions(for reference)Greetings Folks,
today I have prepared a setup of HDFC on NSE
the analysis is as follows-
- this is a monthly timeframe chart so do not use this to trade, use for confirmation bias
- the price failed to break out of a series of monthly equal highs
- the breakout didn't lasted and then the stock began its down trend
- the down trend went on for 4 months , and now the price seems to have found a stable support i.e the 50% of fib retracement
- the price is likely to consolidate a bit to add liq























