HDFC 1D time frame.
Cup and Handle Pattern for short term or Swing trade.
Put proper stop loss or trade with hedging
NOTE-
We are not SEBI registered.
This is only for educational purpose.
Please consult your advisor before making any trade or investment.
NSE:HDFC
Observations:
1) On 15 min time frame, it perfectly take good support from the support channle and gave good bounce.
Please refer below chart : 15 min Time Frame.
2) On Daily time frame, we can see that 2980 was major breakout level and it closed above it.
Now if it sustain above 2980 level then we can...
HDFC has made a successful breakout-retest-continuation pattern out of its consolidation zone on the daily time frame. The is heading toward the next resistance zone of 3140 which is a dual Fibonacci level.
It is the 1.618 Fibonacci level of the pre-Covid high-low on the 1D time frame. It is also the 4.236 Fibonacci level on the long-term Weekly chart. We are...
NSE:HDFC
Observations:
1) On daily time frame, we can see it took support from 50DMA and managed to close above it's critical range of 2823-2828 level range.
If it gives again a dip till 2823-2828 level range and gets support then it will be quick buy trade.
Please refer below chart : 1day Time Frame. ...
HDFC (Closing Price: 2896.15)
According to Elliott Wave theory, HDFC stock price will keep drilling upward. And we may see Housing Development Fin price at the following levels: 2986 - 3049 - 3153. But intraday traders should worry about the support trendline of the parallel channel because HDFC price may try to retest the support trendline before the trend continuation.
Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
NSE:HDFC
It has almost the same chart as NIFTY.
Trade Setup for Date 29-09-2021:
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...
NSE:HDFC
Observations:
1) On Daily Time frame, it broke 10DMA on 23-09-2021 and on 24-09-2021 it took support from it and closed with green candle.
It has a characteristic to not to stay below 10 DMA for long time untill and unless there is some negative news about it.
Please refer below chart : Daily time frame. ...
NSE:HDFC
Trade Setup for Date 17-09-2021:
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.
Please refer...
Gave a buy call in HDFC on 3 Aug 2021 . Buying price was 2560 . Today's High is 2750. More targets on the way. Ready to break its ATH.
Here is the call given on 3 Aug 2021
NSE:HDFC
Simple Trade setup with levels for HDFC on 11-08-2021.
Levels and chart is easy to understand. Based on your skills and experience you can take trade on either side. If you are beginner then better to go with safe trade on breakout or breakdown of levels.
Further on daily time frame, it has tested it's previous resistance as well as breakout level...
![HDFC: Simple Trade Setup | HDFC | 15-11-2021 [ intraday]](https://s3.tradingview.com/z/Zsm4mv3w_mid.png "Simple Trade Setup | HDFC | 15-11-2021 [ intraday]")
![HDFC: Simple Trade Setup | HDFC | 01-11-2021 [ INTRADAY ]](https://s3.tradingview.com/d/dqLL4Ftj_mid.png "Simple Trade Setup | HDFC | 01-11-2021 [ INTRADAY ]")
![HDFC: Simple Trade Setup | HDFC | 29-09-2021 [INTRADAY]](https://s3.tradingview.com/e/E5KrTxv5_mid.png "Simple Trade Setup | HDFC | 29-09-2021 [INTRADAY]")
![HDFC: Simple Trade Setup | HDFC | 27-09-2021 [INTRADAY]](https://s3.tradingview.com/9/9SVFz7Ff_mid.png "Simple Trade Setup | HDFC | 27-09-2021 [INTRADAY]")
