NSE: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.
The scrip has formed aa CUP and as bank nifty is rear resistance so there is a high possibility that bank nifty may see some profit booking so expecting HDFCBANK to experience some down side move.
HDFC 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
Hdfc 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 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...
HDFC 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.
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...
Wait 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...
: entry & exit is very important : try to manage money management : know your stop loss : find the chart pattern / analysis the chart before you enter
HDFC Bank Given Good Move Today. Formed Head and Shoulders Pattern and Given breakout of Narrow Range of 7 sessions. Expecting 1556 to 1600 levels in this month.
HDFC Bank has made a double bottom on weekly time-frame, and has also given a break-out. The stock is taking support from 200EMA of daily time-frame, you can go long once you see a good bullish candle on 1D time-frame. It could be a long-term swing trade (Positional Trade). Suggested targets 1480Rs, 1511Rs. You can also make this as an investment opportunity...
#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.
The trend is bullish. Upside Gap is 2362. Once 2333 is taken away & sustained, we can enter with PCL sl. RR will be good.
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 S/R levels According to Gann Price Sqaure levels with # mark are more important levels to watch for
Buy Hdfc Bank Closing Price - 1687.4 Best Buy Price - 1570-1600 SL - 1525 (DCB) Target - 1870/2100/2200
HDFCBANK 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.
A 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.