HDFC Short term buy setup.stock is making running flat and a falling wedge pattern, wait for it to make breakout then find a way to enter keep stops below the breakout impulse. price might reach the mentioned level and do breakout but might reverse from there also to make further correction or downside move, so take profit or move stops very tightly to mentioned levels.
Housingdevelopmentfinancecorporation
HDFC MID-TERM SWING TRADEHello, hdfc mid-term swing trade buy: 2,460 targets: 2,680/2,860 stoploss: 2,380.
LOGIC BEHIND TRADE: Stock has formed W pattern & given breakout of dynamic trendline resistance & static resistance breakout buying strategy, (targets identified from harmonic xabcd/abcd pattern level 2.0/1.131) stoploss is taken low of resistance candle. Stock looks solid for mid term swing trade. NSE:HDFC
📊 #HDFC Swing Trade Opportunity 🎯NSE:HDFC
📌It can Reverse From CMP As Well, but if activate pattern then that would be good for healthy up move.
📌 To Trade on This Chart, You Should Have Reversal Trading Knowledge. As Harmonic is One Of The Best Reversal Trading Strategy, But Always Remember That Harmonic Patterns Also Can Fail (there is no holly grail In Stock Market). That's Why One Should Must Have Knowledge Of Reversal Trading To Trade On Harmonic Patterns.
📌 That Dash Line Is Called PRZ, From That Dash Line To that Horizontal Simple Line Area Is Whole PRZ(Price Reversal Zone).
******whatever charts or levels sharing here or on any other platforms are just for educational purpose only, Not A Recommendation To Buy Or Sell. Please do your own analysis before taking any trade on them. We are not SEBI registered.
Simple Trade Setup | HDFC | 18-10-2021 [INTRADAY]NSE:HDFC
Observations:
1) On 1 day time frame, it took good support from 21DMA and closed above critical level 2800.
Please refer below chart : 1day Time Frame.
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Trade Setup for Date 18-10-2021:
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.
Levels for - 22 Sep 2021 EXPLANATION : This is a 15 Min time frame chart of HDFC , It has formed Cup & Handle Pattern // Swing Pattern , No trading zone marked in chart .
If you like this analysis of Stock give a Thumbs up // Like , let me know in comments below :)
hdfc long idea bullish harmoniclong only when good candle without wick closes above trendline target is 2892
good luck
Hosing Development Finance co. (Good Buying opportunity)
Good Buying Opportunity In Housing Finance Ltd
Buy @ 2156
TP@ 2095
SL@ 2319
Long on HDFC Ltd.Hey Guys,
HDFC Ltd is currently going long in a channel and creating round bottom pattern as well and today closed near support area and it will be pushed from this area tomorrow towards upward direction and will be trending tomorrow targets are 2600, 2625, 2650 and in long term it is gona touch 2900-3000 levels by the end of this month
Contact for any other stock analysis on 86838-63940 and follow for more ideas.
Long on Housing Development Finance Corporation (HDFC)Hey Guys,
Get ready for the Blast in HDFC it is showing its breakout on every time frame (Daily, Weekly or Monthly) Grab this opportunity anytime it can give a sharp up move then its better to grab than regretting later.
Long on Housing Development Finance Corporation (HDFC)Hey Guys,
Long on HDFC Ltd as on Monthly Time frame you can view on Chart that HDFC Ltd is Giving Break out out of Flag Pattern so get ready for the Blast in this script
Bullish on Housing Development Finance Corporation (HDFC)Hey Guys,
Go long on HDFC Ltd for targets of 2800, 3000, 3400 in Upcoming sessions 1st two targets you can see by the end of this month but T3 will achieve expecting in next month
HDFC Ltd was bought at 1775 for targets of 1820, 1835Entry - HDFC Ltd @ 1775
Target price - 1820, 1835, SL - 1760
Resistance around 1800 levels
(Bollinger Band Double bottom method)