Intraday Trade Logic in HDFCBANK on 13 Dec 2021 While watching out chart pattern in daily basis or hourly basis i got 2 position to trade :- Buying short Selling After Watching out Feb 2 ,24 , March 4 ,9 candles i got Buying level i.e 1538 , As the price is sustaining the above level it was giving good RR wise proit But As today market opened...
NSE:HDFCBANK Observations: 1) On 1day time frame, it is between 10DMA and 21DMA. On Friday, it closed just below 21DMA. 10DMA is placed at 1517.15 level and 21DMA is placed at 1524.43 level. If it trades above 1525 level then it will work as support. Otherwise immediate support range will be 1515-1517 level. Please refer below chart : 1day Time...
If 1560 level Breaks then HDFC bank will fall up to Support level 1530 We cam keep it as 1st TGT & fail to take Support @ 1530 then the 2nd TGT is 1490. >Support will Become Resistance and Resistance will become Support once the level Breaks. *Always Enter With good confirmation & Maintain proper Risk Reward. **********Educational/information purpose only...
EXPLANATION : This is a 45 min time frame chart of HDFCBANK , It has been in a consolidate for day and has formed an Ascending triangle pattern . If give a strong breakout and broke its supply zone with high volumes and retest the same , I am bullish on HDFCBANK . If give a strong breakdown and broke its trendline support with high volumes and retest the same , I...
EXPLANATION : This is a 30 min time frame chart of HDFCBANK . It has formed Triple top pattern breakout & retest , If stock give a breakdown and broke it's trendline support , I am bearish on HDFCBANK . If stock bounce back I am bullish on HDFCBANK . If you like this analysis give a Like // Follow for more updates , let me know in comments below :)
EXPLANATION : This is a 1 hour time frame chart of HDFCBANK . It has formed Evening Star Doji Pattern , It signal a more bearish trend than the evening star pattern because of Doji that has appeared between the two bodies . If you like this analysis of Stock give a Like // Follow for more updates , let me know in comments below :)
HDFC BANK jan ema 50 ke upra kulta hai to hmm log buy kre ke aur fist T 1 ( 1593 ) baniye ge aur ema 50 ke nichi khulta hai to hmm log 200 EMA ko support lene deye ge ok
HDFCBANK is trading on the long-term trendline support since Mar'2020. The stock broke down from the trendline with a gap and is now retesting the trendline once again. Could this be a precursor to an impending fall in the stock in the coming days/weeks? We will be tracking the price closely and update this section as we get more info.
NSE:HDFCBANK Trade Setup for Date 30-08-2021: 1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action. 2) Everything is mentioned on the chart. I hope it is easy to understand. 3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level...
NSE:HDFCBANK Observation: 1) On Daily Time Frame, It made good green candle after such big gap down. And closed above 1510 level as well as it took support from 50DMA. Please refer Chart below: Daily time frame. ------------------------------------- Trade Setup for Date 23-08-2021: 1) Don't Jump in to trade at the beginning of the market. Let it get...
NSE:HDFCBANK Simple Trade Setup for HDFCBANK. today now it again came in the same Zone. Target and levels mentioned on the chart and hope it is easy to understand. My personal view is bullish. Do comment your doubt or suggestion. All the best for tomorrow.
Short above 1520, Target 1 - 1487, Target 2 - 1450, Target 3 - 1430. Bank Nifty is Still Bullish, so it a risky position. (Note. This is not a trade recommendation, just for educational purpose only)
NSE:HDFCBANK Mentioned levels and chart are easy to understand. I have provided only safe side trade setup. My personal view is bullish for HDFCBANK. Do comment your doubt or suggestion.
∘ Priceaction Analysis ∘ Head & Shoulder Pattern
understanding trends through support and resistance. trade will remain void if opens big gap up or gap down.
1)We can also bet on (29 JUL 2021 1500CE) for 20-50% returns in next week -------------------------POSITIVES-------------------------- 1) More than 2 week consolidation 2) Volumes are not dry 3) Todays action in such a patchy market shows strength, holding bank nifty single handedly 4) If HDFC BANK will go up then Bank Nifty will also go up 5) Volumes are...
understanding trades through support and resistance,
understanding trades through support and resistance. trade will remain void if opens big gap up or gap down.