HDFC BANK | 09 DEC 2020 | BULLISHHDFCBANK is bullish till 1465.
If this is broken and retest successful then 1530 expected.
TDA done.
Hdfcbanklong
HDFCBANK on BOTechnically , HDFCBank seems to at the Edge and waiting for a break out above 1455
it is in its near team moving range and good volume supported breakout would take it to good profit levels
Parallel Channel Breakout in HDFCBANK For 1543+ TargetSince the last couple of trading session, HDFC bank consolidates in the parallel channel after an uptrend. If HDFCBANK trading above 1445 then can go long for a target of 1543+.
#HDFCBANK#DemanSupplyZoneHDFC bank currently trading at life time high within a descending channel.
Demand zone is situated at 1276-1235 and LTP is 1431, price should have to take a deep up to Demand level 1276.
After approach this level price can ready to rally make a new high.
Entry 1276-1235, SL 1161, TG1 1424 TG2 1494
HDFCBANK trying to break levels, can be a very good swing tradeWas in a range for quite a while. Now the stock is stuck at the upper level of the range for quite a while.
HDFCBANK - LONG=> HDFCBANK is forming flag pattern and ready for breakout.
=> Buy HDFCBANK above 1450, for target of 1500 to 1520.
=> If reverse from current rate then can buy at strong support 1350/1400
=> Timeframe 1 to 2 months.
Pl Follow, Like, Comment And Share.
Thanks.
HDFCBANKQ3 view
In Jan can be seen at 1410-1400 Support if breaks possibly to 20-35 points more.
After taking support it will way back to near resistance at 1442 if breaks then good upside as per marked line
hdfcbank bullish view- if price break the resistance of 1441-1443 then we can see massive breakout for the level of 1500-1530-1550 in couplle of trading session.
Bearish view - If price unable to break the level of 1440 then reversal can possible for the next support which is 1405-1400.
HDFC Bank Trade Plan for 18 NovemberLike Banknifty , HDFC bank gave clear breakout on the upside on 17th Nov . Now bulls are in control and hdfc bank is ready to go higher for ATH. Below are the trade plans for 18th nov.
1. One should be holding HDFCBank for positionally long for target open with SL 1389.
2. 1374 should act as a good support now. Any moves towards 1374 is a long opportunity with SL of 1360 for target of 1389/1405/new ATH . This can be positional trade as well.
2. 1374 is now composite profile POC .
3. Go short only if 1353 breaks with SL of 1360 for 1342/1328/1309.
As HDFC bank is near All time high, i would never suggest you to take short trade. However these levels can be used for finding support in BankNifty as HDFCbank is major constituent in BankNifty .
If you guys like the idea, please give a Thumbs up to motivate me. Also Please share your thoughts in comments as well.
HDFC Bank - nearing 52 week highNote: This is for educational purpose only.
HDFC Bank is nearing 52 week high with surge in volumes. If the price move above the 52 week high, there will be a new high.
HDFCBANK LONG- Pole FlagThe stock has given breakout of its pole flag and we can expect it to continue it upward rally in upcoming sessions.
These are my personal views, trade as per your own analysis.
HDFC BANK At strong Support ZoneIt is testing 3rd time on trendline( which is always said to be strong zone) and on horizontal level 1010-1030 price zone support overall trend from “1”. For next trading sessions 1055 above expecting 100points move, wait for blue trendline breakout also rejections from 1030.
HDFCBANK - taken pattern supporthdfc bank @ the pattern support.
perfect reversal from the pattern with a doji & a fat green candle.
should go bulls till the bank results.
Good buy at support - small stop lossPrice is trading at the support level, one can go long with the closing of today's candle. The advantage of going long at the support level is you can have small stoploss.
HDFC Bank : Important to sustain above 1100If HDFC Bank will manage to hold above 1100 level then It may test its next supply zone @ 1150-1160 in coming days.
HDFCBANK LONGI hope you can now see how HDFCBANK represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor.
Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis .
Disclaimer: It should not be assumed that the methods, techniques, or indicators presented in these chart will be profitable or that they will not result in losses. There is no assurance that the strategies and methods presented will be successful for you. Past results are not necessarily indicative of future results. You should not trade with money that you cannot afford to lose. Examples presented in these products are for educational purposes only and it should not be assumed that these are indicative of ordinary trades. These setups are not solicitations of any order to buy or sell. The publisher assume no responsibility for your trading results. There is a high degree of risk in trading.
DAILY VIEW ON HDFCBANK BUY ON DIP TARGET 1160NSE:HDFCBANK
MY DAILY VIEW ON HDFCBANK BUY ON DIP TARGET 1160
HDFCBANK Long TradeAll levels are marked on the chart.
All Charts are for educational purposes. Non-advisory, discretionary.
HDFCBANK looks bullish for swingNSE:HDFCBANK
HDFCBANK looks bullish on daily chart for swing trade. SL can be keep near 990
LONG HDFCBANKI hope you can now see how the HDFCBANK represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favour.
