HDFCBANK - The MARKET MOVER wait for 1550 ₹ Reasons for strong buy 1. Harmonic pattern BAT formation 2. MACD Bullish hidden divergence 3. Ascending channel & Falling wedge at the moment CMP - 1483 BUY above 1483 Target 1 - 1493/1499 Target 2 - 1514 /1527 Stoploss - 1472 Check these Upcoming ideas - STILL ACTIVE Check these successful trades & approach on...
1.good to buy above -1486, targets -1493, 1500, sl-1480 2.weak below -1478, targets - 1471, 1463, sl-1484 3.void if opens big gap up or gap down.
HDFCBANK, moving in bullish wedge, and also on very strong support. Can buy here with SL of 1%.
Hdfc Bank has been making an ascending triangle pattern with resistance at 1520 in 1Hr time frame. If it crosses and sustains above this level with good volume then targets of 1550 and 1580 could be seen soon.
HDFC BANK Is looking bullish as it has been under a long consolidation where 1490 is acting as a major support which is also a 50% retracement of wave AB. reliance has already given a huge rally and now we can expect the same for hdfc.
1. Price action 2. Head and Shoulder pattern shows 3. Support and Resistance important levels marked in chart .
HDFC bank stock price given breakout on 21 May with vol soon price will retest and bounce back for new higher highs. Good to buy near range 1550-1540
Bank Nifty Gaining Momentum HDFC can lead. And volumes are also pretty good
HDFCBANK completed inverted head and shoulder pattern, can wait for retracement level to long buy. Just a view
I THINK HDFCBANK WILL GO UP FROM HERE AS THE FINANCIAL SECTOR WILL BULLISH FROM NEXT WEEK OR HDFCBANK HAS GIVEN A TRENDLINE BREAKOUT ON THE 1 DAY CHART. AND WITH THE SUPPORT OF 20 EXPONENTIAL MOVING AVERAGE HAS GONE TO THE UPDISE. SO MY TARGET IS = 1524.63 , 1635.00 , 1741.56
AFTER MORE THAN 6 MONTHS, A BEAUTIFUL LONG POSSIBILITY IN HDFC BANK ACCUMULATE BELOW 1500, FOR THE TARGETS: TARGET 1: 1560 TARGET 2: 1600 TARGET 3: 1640 STOP LOSS: 1440 NOTE: 1. BANK NIFTY HAS STARTED OUT-PERFORMING NIFTY AFTER QUITE A WHILE. 2. GOOD TIME TO ACCUMULATE HDFC BANK FOR INVESTMENT PURPOSES AS WELL.
HDFC BANK Stays up today (May 17, 2021)
Looks good to bounce back and we can expect a good move upwards from here.
Can buy HDFC Bank Future LTP: 1409.05 Support: 1383.05 Resistance: 1426.95 / 1449.55
HDFC Bank looks set to follow its channel. The Support and Resistance levels have been working for a very long time now. And I feel this will continue. Keep Stop Loss at 1370, as long as this level sustains you should go Long in this stock.
HDFC Bank Futures LTP: 1396.45 Support: 1383.05 Resistance: 1427.50 Buy for short term gains.
HDFC Bank downward momentum seems to be broken bull run will begin now take a long position with SL- 1460