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Hdfcbanklong

WILL HDFC CHANGE ITS BUY MODE TO SELL SEE YOURSELF !Hi traders, last week I mentioned in this stock is quoting for your consideration " As soon as trend progress, my analysis moves with sentiments. 2. A dotted red color zone if not taken out in 2 hr time frame then this will become buy zone. on the contrary, if taken out then the trend will change to down. 3. If next session trading takes out last candle high in 2 hrs time frame then price can move to the white dotted line." . You can see price moved to the white dotted line target achieved. The red dotted zone remained intact and priced moved up. When this movement started I informed by highlighting the white circle pattern that is bullish harami. What a move Hdfc gave to traders in the last ten days. Every bit of movement was covered in two analyses in a week. you can see fig below of the previous update and compare it with today's figure. Trading plan of next week 1. I made one red dotted zone till this is not taken out in 4 hr time frame positional long will validate with the target of red channel upper band. 2. On the contrary if red dotted zone is taken out then short with the target of the yellow dotted zone. This zone might act as a halt for consolidation and the trend might resume to a red solid line down. 3. Upside if the price breaks the red channel band then the blue dotted line will act as tough resistance. So try to see a short set up. Positional long shorts use red and yellow dotted lines as a stop-loss point. 4. Taken out condition is as follows:- Taken out condition works in the two-time frame combination for daily( 4 hr + 1 day) analysis. Similarly, work for lower time frames is also a two-time frame combination. For intraday trades 1 hr with 15 min. For taken out condition price has to complete in both time frames. Aggressive traders can take that side position in a lower time frame with the stop loss of breached candle low. In both the time frames given line is breached by a candle that candle high is to be breached by next candle and close should be above the previously breached candle. This is how taken out condition is being implemented. The rest market will decide. YOGESH VATS Disclaimer:- All positions should be taken with the consultation with your adviser. This all is for educational purposes.
NSE:HDFCBANK
by yvatsji
HDFC Bank | Bullish ContinuationAs we observed in our previous analysis (attached below) of the stock, it bounced off from the support zone. The stock has now broken out of a range making it a bullish continuation pattern i.e. Bullish Flag. Hence we can expect HDFC Bank to hit 2640 in coming days as suggested by the pattern. (Disclaimer: Our charts and contents are just for the purpose of analysis, learning and general discussion. Do not consider these as trading tips or investment ideas. Trading in Stocks, Futures and Options carry risk and is not suitable for every investor. Hence it is important to do your own analysis before making any investment or trading decisions based on you personal circumstances and it is always better to take advice from professionals)
NSE:HDFCBANK
by AkhilSuryaFS
HDFC Bank | Set to move up?HDFC Bank has been in a consolidation phase for a while. Currently the stock is at range bottom wherein a trendline support coincides. The price also being a round number, it increases the probability of stock moving upwards, at least to 2460. (Disclaimer: Our charts and contents are just for the purpose of analysis, learning and general discussion. Do not consider these as trading tips or investment ideas. Trading in Stocks, Futures and Options carry risk and is not suitable for every investor. Hence it is important to do your own analysis before making any investment or trading decisions based on you personal circumstances and it is always better to take advice from professionals)
NSE:HDFCBANK
by AkhilSuryaFS
Long HDFCBANK with a SL of 2095Buy HDFC Bank with a SL of 2095 for a target of 2123, 2130, 2140 Disclaimer : All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs. Any opinions, news, research, analyses, prices, or other information offered is provided as general market commentary, and does not constitute investment advice. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
NSE:HDFCBANKLong
by thechama3