NSE:HDFCBANK Observation: 1) On Daily Time Frame, It made good green candle after such big gap down. And closed above 1510 level as well as it took support from 50DMA. Please refer Chart below: Daily time frame. ------------------------------------- Trade Setup for Date 23-08-2021: 1) Don't Jump in to trade at the beginning of the market. Let it get...
NSE:HDFCBANK Simple Trade Setup for HDFCBANK. today now it again came in the same Zone. Target and levels mentioned on the chart and hope it is easy to understand. My personal view is bullish. Do comment your doubt or suggestion. All the best for tomorrow.
NSE:HDFCBANK Mentioned levels and chart are easy to understand. I have provided only safe side trade setup. My personal view is bullish for HDFCBANK. Do comment your doubt or suggestion.
∘ Bank sector moves Improving to Leading ( RRG ) ∘ Strong Resistance over here multiple times taking Rejection Note : Always be extra cautious with breakout trade with confirmation .
Flag pattern views bullish. levels are on the chart. Take position at ur own risk
Hdfc bank spot cmp 1440 bullish harmonic pattern formation good long candidate,,,
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HDFCBANK and BANKNIFTY are in a very interesting position. HDFCBANK has formed a nice continuation candle right at the 20 EMA after a pullback on the weekly timeframe. HDFCBANK has been in a nice uptrend, continuously making higher highs and higher lows. If it continues the up swing, it could carry BANKNIFTY with it back up to 38000. A long can be initiated...
understanding trends through support and resistance. trade will remain void if opens big gap up or gap down.
Key Highlights: 1. Potential change in MS underway 2. Descending broadening wedge pattern 3. Trendline breakout 4. Consolidating in parallel channel 5. Ripe for the next impulsive move 6. Target: 1561, 1635 7. Stop loss: 1455 You are always advised to use an appropriate Risk-Reward ratio as per your strategy. P.S: This is NOT investment advice. This chart is...
Some profit booking seen in NSE:HDFCBANK as well but taking good support at 1510 and there is no sign of coming down below 1500.
long wait for 1525 to break
NSE:HDFCBANK showed a good rally on 15 minutes time frame chart and on top of that it has given closing above it's 9 DEMA. Strength is also above 50. Hopefully, it will open positive tomorrow as well. Congrats to all who are long in this.
1)We can also bet on (29 JUL 2021 1500CE) for 20-50% returns in next week -------------------------POSITIVES-------------------------- 1) More than 2 week consolidation 2) Volumes are not dry 3) Todays action in such a patchy market shows strength, holding bank nifty single handedly 4) If HDFC BANK will go up then Bank Nifty will also go up 5) Volumes are...
understanding trades through support and resistance,
understanding trades through support and resistance. trade will remain void if opens big gap up or gap down.