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HDFC Bank cmp 1766.30 by Weekly Chart viewHDFC Bank cmp 1766.30 by Weekly Chart view - Weekly Support at 1705 > 1622 > 1550 with the Resistance only at ATH 1794 - Stock seems trying to sustain above trading price range 1270 to 1735 since September 2024 by breakout attempts - Stock attempted New ATH 1788 on 26-Sept-2024 yet again failed to sustain and broke down within trading range - Stock attempted the New ATH 1794 in the 1st week of July 2024 but again failed to sustain and price broke down - Stock attempted to cross ATH 1757.50 in the 1st week of July 2023 and failed to sustain, came back in price range - Stock was trading within the price range 1270 to 1735 mostly since November 2020 with some breakout attempts seen
NSE:HDFCBANK
by PIYUSHCHAVDA
HDFC Bank Ltd - Breakout OpportunityDate : 2-Aug-2024 LTP : Rs. 1,659.15 Next Resistances: (1) Rs. 1,721 --> (2) Rs. 1,794 --> (3) Rs. 1,921 SL : Rs. 1,532 on daily close basis Technical View: • NSE:HDFCBANK is in it's primary uptrend and was recently going through it's secondary downtrend. • After touching the high of 1,794 on 3-Jul-2024, it has retraced 11% to 1,588.05 level. • Post retracement NSE:HDFCBANK was going through accumulation phase and in last few sessions has given indication of starting a participation phase. • On 26-Jul-2024, NSE:HDFCBANK has broke out from its secondary down trend with high volume. • On 1-Aug-2024, NSE:HDFCBANK has closed above 21 DEMA and 20 DMA. Currently NSE:HDFCBANK is trading above 21 DEMA, 20 DMA and 50 DMA. • RSI has entered buy zone on 1-Aug-2024 and currently trading at 58.16. • MACD has given bullish cross over on 2-Aug-2024 and is trading at 1.09. • Looking good to start a new swing from here. Disclaimer : I am not a SEBI registered analyst/consultant and not recommending anyone to take any BUY or SELL position in stock market. Investing in stock market is risky and one should do a self analysis and validation before investing in stock market. My ideas are published for learning purpose only and are available to everyone at no cost/charge.
NSE:HDFCBANKLong
by vicky252
#HDFCBANK BREAKDOWN 08/07/2024How to trade HDFC Bank Stock after its Fall 05/07/2024 HDFC BANK the stock is holding above its 50-day moving average, the big traders or specialist remains positive on the other side showing resistance at 1700. After such a sharp decline, HDFC BANK is likely to find support their is high possibility of a bounce back from the mentioned support levels. On the higher side, Immediate resistance is at 1700 and the next crucial resistances are at 1740 and 1790-1800 levels. The overall structure of the stock seems to be bullish, and buying on dips will be the ideal strategy in this counter. Coming to the levels 1600 will be a good bargain price where short-term traders can enter the stock. The immediate targets for the stock are around 1720 on the higher side L E V E L S:- Resistance-1700,1720,1740 Support-1600
NSE:HDFCBANK
by TheGoldenRatio-6
Simple Trade Setup | HDFCBANK | 23-05-2022 [INTRADAY]NSE:HDFCBANK Observations: 1) On 15min Time frame, we can see it gave breakout of resistance trendline. Please refer below chart : 15min time frame. Also we can see that range of 1330-1335 will be a neutral range if price is trading above it then it will be provide support and if price is below it then it will work as resistance. Please refer below chart : 15min time frame. ------------------------------------- Trade Setup for 23-05-2022 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. 4) Avoid gap up or gap down chase. Wait and trade between levels. Please refer below chart for levels. Hope I made it easy to understand it. Do comment your doubt or suggestion. Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
NSE:HDFCBANK
by Trading_hawk
Simple Trade Setup | HDFCBANK | 29-12-2021 [INTRADAY]NSE:HDFCBANK Observations: 1) On 1 day time frame, it closed just above 10DMA and still trading below 200DMA. Please refer below chart : 1 day Time Frame. 2) Also on daily time frame, it made doji candle. If it trades above today's high then it will be quick buy trade. And if it trades below today's low then it will be quick short. Please refer below chart : 1 day Time Frame. ------------------------------------- Trade Setup for Date: 29-12-2021 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. 4) Avoid gap up or gap down chase. Wait and trade between levels. Please refer below chart for levels. Hope I made it easy to understand it. Do comment your doubt or suggestion. Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
Editors' picks
NSE:HDFCBANK
by Trading_hawk
50
HDFC BANK - Taking good support🔴DISCLAIMER ***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ****** Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to have its bullish pressure after the breakout) After reaching our targets, trail your stop loss to get maximum profit from the stock in a single trade
NSE:HDFCBANKLong
by PrakWorld_Traders
2
Simple Trade Setup | HDFC BANK | 23-11-2021 [ INTRADAY]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. 1500 is immediate support and immediate resistance is at 1525 level. Please refer below chart : 1 day Time Frame. ------------------------------------- Trade Setup for Date: 23-11-2021 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. 4) Avoid gap up or gap down chase. Wait and trade between levels. Please refer below chart for levels. Hope I made it easy to understand it. Do comment your doubt or suggestion. Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
NSE:HDFCBANK
by Trading_hawk
3
Levels for - 05 Oct 2021EXPLANATION : 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 the upper trendline indicates the start of a new bullish trend . Both side levels marked in chart . for downside target will be pending small gap . If you like this analysis give a Like // Follow for more updates , let me know in comments below :)
NSE:HDFCBANK
by pranav_nanavare
Simple Trade Setup | HDFCBANK | 30-08-2021NSE: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 tomorrow. Please refer below chart for levels. Hope I made it easy to understand it. Do comment your doubt or suggestion.
NSE:HDFCBANK
by Trading_hawk
Simple Trade Setup |HDFCBANK | 27-08-2021NSE: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 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 tommorrow. Please refer below chart for levels. Hope I made it easy to understand it. Do comment your doubt or suggestion.
NSE:HDFCBANK
by Trading_hawk
Simple Trade Setup | HDFC BANK | 23-08-2021NSE: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 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 target w.r.t price action working near that level on Monday. Hope I made it easy to understand it. Do comment your doubt or suggestion.
NSE:HDFCBANK
by Trading_hawk
5