NSE:HDFC
long trade keep on radar with strict SL as per given Harmonic pattern.
******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.
NSE:HDFC
one can long if find reversal at PRZ
******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.
HDFC can give good upside move towards upper FIBO LEVELS (MENTIONED IN CHARTS) in coming days.
View Negates below 2503 levels.
Must have this in watchlist for coming days.
The stock has given breakout of its pole flag and we can expect it to continue it upward rally in upcoming sessions.
These are my personal views, trade as per your own analysis.
TREND ANALYSIS & TRADE SETUP !
UPDATED CHART !
Follow Chart Instruction.
Do not be Hurry for entry.
Wait for Proper Entry Setup.
Buy/Sell with Best Risk Reward.
Educational Chart Only.
Wait for entry setup, if available then Long/short.
Reward is 15-20 % Gain.
I will go LONG on HDFC because:
The price is taking support at trend line .
It has touched the support trend line again .
So will look at buying opportunities.
If it falls below the support trend line then short it.
Entry - 1724
Target - 1923
Stop loss - 1680
HDFC is looking bullish as the overall activity inside the range has been very positive except the on bearish pin bar near the resistance. I would want a really strong volume expansion on weekly candle(something like 35-40 million) to confirm the present of strong buyers. Currently the volume has been falling from 26 May and I would prefer a strong close above...
Wait and check if share price sustains on its support and buy. Target will be 1120. SL will be 1115-1120. otherwise wait for the second support to buy.
TREND ANALYSIS & TRADE SETUP
Follow Chart Instruction.
Do not be Hurry for entry.
Wait for Proper Entry Setup.
Buy/Sell with Best Risk Reward.
Educational Chart Only.
August Series Option can be traded.
Wait for entry setup, if available then Long/short.
Reward is 8-10 Times
I hope you can now see how HDFC represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor.
Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis .
Disclaimer: It should not be assumed that the...
I hope you can now see how HDFC represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor.
Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis .
Disclaimer: It should not be assumed that the...
HDFC - Buy ONLY if candle closing above 1833
SL: 11 Points
TGT 17 Points+
Closing below 1822 will make HDFC weak and can fall in that case.
Disclaimer: These are just my views, I am only SHARING my views - kindly do NOT trade blindly with these levels, please do your own research before entering/ or as per advice from your own financial adviser.
This looks like a pullback from 2/3rd retracement level, so i has got a very crucial support at 1050 and it is also getting support from a trend line, can take long positions for a week. Wait for the bounce from 1050 level for taking a long position. Shorters trade cautiously, this is a strong stock with strong uptrend. Well this looks like a pullback to me but if...
![HDFCBANK: [POSITIONAL] HDFC Bank Long setup BULLISH Shark](https://s3.tradingview.com/4/4Gibert8_mid.png "[POSITIONAL] HDFC Bank Long setup BULLISH Shark")
