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Hdfcbanklong

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.
NSE:HDFCBANKLong
by BharatAsani
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..
NSE:HDFCBANKLong
by Rvkachhadiya
HDFC Bank Swing trade !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 because it is almost 15%-16% down from its 52Week High time high. :warning: Place Stop-loss logically // Trade with your own risk // Trail your stop-loss once it reaches 50% of the target/
NSE:HDFCBANKLong
by Rehan_sharif
HDFCBANKThis stock is showing good power and strength to go more upside, once price closes above 1497 plus levels, then it can show more strength to go further up side, Bullish crossover in weekly macd can put the bulls in a dominant position. on daily chart swing low of 1411 will be a crucial support to watch out for on the way down. One can go long at current levels or on dips near 1430 - 1450 zones (if any ) with stop of closing below 1411. Fake break-down and now at parallel channel's top wave structure could be like this something coincides factors macd in weekly is uptick macd in daily is positive crossover and uptick rsi in daily uptick along with double breakout Disclaimer. I am not sebi registered analyst. My studies are for educational purpose only. Please Consult your financial advisor before trading or investing. I am not responsible for any kinds of your profits and your losses.
NSE:HDFCBANKLong
by RK_Chaarts