Hdfcbankreversal
Hanging Man on HDFCBank ChartHanging man candlestick is formed on HDFCBank daily chart, sell if sustains below 1540 for the targets of 1525, 1490, 1465 and 1435 until 1585 is intact on the upside.
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📊 #Hdfcbank long🎯NSE:HDFCBANK
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HDFC Bank CMP :- 1481
Current Support :- 1464
Target :- 1650
one can long till target as long as it stay above current support.
******whatever charts or levels sharing here are just for educational purpose only not a recommendation. please do your own analysis before taking any trade on them. we are not SEBI registered.
HDFCBANK: THE TOP IS HEREI think HDFCBANK has topped in a medium term. There are many things aligning up and all say that HDFCBANK's top is in.
The RSI has divergence, There is a long term trendline acting as a resistance. Also in the shorter term there is resistance as well.
The chart is very clear and speaks for itself.
CMP: 1296.7
Stop loss: 1318
DATE: DECEMBER 22, 2019
Your trades are your own sound decision. I'm not responsible for them.
DATE: DECEMBER 22, 2019
HDFC Bank | Trendline Break - Shows weaknessHDFC Bank has cut below a rising Trendline showing weakness along with overall market. Upcoming support area between 2400 & 2410 is very crucial. Any level to which the price could react as support should be the mentioned range around 2400. Below that level, the stock could well drag down to 2320-2340 region.
(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)