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Hdfcbanklongtermview

Science Backed by Data[HDFC Bank]: Target 1016.90HDFCBank can be shorted with immediate target of 1016.90. Below this level 1002 looks to the important target below which current uptrend will be completely change. StopLoss should be used as 1074-1078 above which original trend continues. Current pull back has been on falling volumes. Although that is typical of any flag structure but this should pull it down to lower range of consolidation. There is bearish divergence on 4hour chart with rising price and decreasing RSI. This rise has been on low volumes and has RSI divergence so looks like a pull back is in making. Pls support with likes on the idea.
NSE:HDFCBANKShort
by SiddRidd
WILL FRIDAY BUYING IN HDFC BANKS GOOD ENOUGH TO TAKE UP SEE !!Hi Traders / Investors , This is my first analysis on this stock . Since it is quite popular I thought That should also be on my radar. So I analyze it by understanding the structure of smart money is making in it . Actually they are accumulating it on lower levels. All investors listen carefully. If you can invest in this stock for two years that will provide fantastic return. People wanted to buy it on lower prices but it did not gave chances . Thanks to covid crisis It became half . Those who could not board train , they will get chance to board it soon. That would be missed then regrets only. See carefully This is in blue range and upper side I circled an evening star pattern . Those who are reading my recommended books on candle stick they will find the condition which I am going to discuss in advance level with examples. New followers pl do not ask me the name of books , I have fed up giving same reply to many of them. It does not mean I am discouraging you not to ask , not at all. You are welcome to write about these in comment box many of my followers are willingly happy to help you. They all know the value of my time. Now come to point This pattern was made but not activated on next day by giving next candle close down the previous candle. The price went upside breaking the high of pattern . Many of you will think this pattern is not activated so will not work, But that is the beauty of steve nision he taught me in 3rd candle price closed below the high of center candle so chances of activating is still possible. And same happened 4th candle gave close below 3rd candle of circled pattern. And you saw price came to red dotted lower candle. Now to invalidate the effect of this pattern further price have to take blue zone out on 2 hrs time frame . Only then reverse sentiments will apply. Other wise price will visit to lower end of blue range. Intelligent traders will find sell setup if unable to take out upper blue band of range. This buying on Friday may be deceptive. I will be bullish if white dotted line is taken out on 2 hour time frame. That is why Indicated it green arrow. If not taken out blue upper band then red arrow will work. Investors shuold wait price come to blue and green dotted zone. Invest 50 % with sl of low of april . Rest market will decide. YOGESH VATS NOTE- All trading and investing should be done by consulting your financial adviser.
NSE:HDFCBANKShort
by yvatsji
3
HDFC BANK - Supply and Demand ZonesDear Traders, I have plotted the supply and demand zones for HDFC bank , on Daily time frames, I will Sell once the Supply Zones reaches with a stop above 1265 , (Buying Put), and I will Buy a little once it reaches the Demand zone 1 , (Call option Buying), But it will b bullish once it breach the supply zone on closing basis. It has strong support at Demand zone 2 , once it reach there you carry huge position for jackpot trades. This is for positional and short term trading opportunities, for getting better reward like multi bagger we will apply MA concept in addition to this. Regards, Deepak Support us by Giving LIKES COMMENT SHARE For further clarification please feel free to contact me.
NSE:HDFCBANK
by Deepaklivi
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