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...
HDFC Bank Ltd - 05.12.2021 The stock is trading @ 1513 levels There is a Spinning Top in weekly chart Stochastic oversold in weekly chart The stock is trading within a channel range Prices are below ema Let the prices go above 1545 watch out for the price action
NSE:HDFCBANK Observations: 1) On 1day time frame, it closes below 200DMA. But it has tendency to trade very less period of time below 200DMA. Will it be a fake breakdown or it will jump from here tomorrow? 200DMA is placed at 1521.29. Please refer below chart : 1 day Time Frame. 2) On 1 day time frame we can see level 1550 is major breakout level....
EXPLANATION : This is a 30 min time frame chart of HDFCBANK . It has been in a consolidate for days and has formed triple top pattern . If give a strong breakdown and broke its Demand zone with high volumes and retest the same , I am bearish on HDFCBANK . If taken support from Demand zone , I am bullish on HDFCBANK . Enter as per your setup . If you like the...
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 45 min time frame chart of HDFCBANK . It has been in a sideways for days and formed Symmetrical triangle pattern ; A symmetrical triangle chart pattern represents a period of consolidation before the price is forced to breakout or breakdown. A breakdown from the lower trendline marks the start of a new bearish trend , while a breakout from...
On 1D TF HDFC Bank is near support of 1500-1520 . If these levels are tested and then a buying position can be made for coming weeks.
Swing CPR is rejecting the price at 1600 which will lead this flow to 1500 in the support level (SwingCPR). We can find an opportunity to go for long from 1500-1600 (100 points)
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
NSE:HDFCBANK Trade Setup for Date 02-09-2021: 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 Observations: 1) After breaking neck line of rounding bottom at 1551 level it has been taking support from this neck line. Please refer below chart : 15min time frame 2) For the short to mid term targets looks till 1634 level. Please refer below chart. ------------------------------------- Trade Setup for Date 27-08-2021: 1) Don't...
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.
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.