HDFC BANK KEY LEVELS SUPPORT AND RESISTANCE 16/06/2020 TUESDAYKey Levels for HDFCBANK : INTRADAY CHART ANALYSIS
UPPER BREAKOUT~959.15
FIRST TARGET~964.80
INTERIM RESISTANCE~971.80
FINAL RESISTANCE~978.15
LOWER BREAKOUT~943
FIRST TARGET~937.40
INTERIM SUPPORT~931.80
FINAL SUPPORT~926.20
My views are for educational purposes only.
Please trade with caution and consult your financial adviser before trading.
ICICIBANK
ICICI BANK & HDFC HAVING SAME STRUCTURE BUT THIS LOOK GOOD SEE !Hi Traders / Investor ,
Recently I posted hdfc bank analysis here Icici bank having same pattern that is an evening star and behaved same but in hdfc little confident to go up side target but here this gives me edge over hdfc. Both are in accumulating process . The behavior of price formation is same but effect would be different that is I feel May be I wrong this time will tell. I circled same pattern in white. I will not discuss about this pattern already discussed in hdfc post. For Monday price comes in yellow dotted range and sustains there or take out this yellow dotted band up then one should go long with the sl of lower band of yellow zone with the target of blue zone lower band. This would be positional trade. Entry at right time is important. If risk reward ration do not match then leave it for trading. In any case low of Friday is breached and price do not come back in 30 mins then trend will change to down. investors should wait when price come back from blue zone then think over to invest that i will share in next week. Til then lat price do whatever in upside.
YOGESH VATS
Note. All trading and investing should be done with consulting your financial planner.
BANK NIFTY KEY LEVELS SUPPORT AND RESISTANCE 12/06/2020 FRIDAYKey Levels for BANK NIFTY : INTRADAY CHART ANALYSIS
UPPER BREAKOUT~20651
FIRST TARGET~20843
INTERIM RESISTANCE~21005
FINAL RESISTANCE~21182
***************************
LOWER BREAKOUT~20295
FIRST TARGET~20116
INTERIM SUPPORT~19952
FINAL SUPPORT~19773
My views are for educational purposes only.
Please trade with caution and consult your financial adviser before trading.
SBIN KEY LEVELS SUPPORT AND RESISTANCE 12/06/2020 FRIDAYKey Levels for SBIN : INTRADAY CHART ANALYSIS
UPPER BREAKOUT~178.40
FIRST TARGET~180.40
INTERIM RESISTANCE~182.20
FINAL RESISTANCE~184.15
***************************
LOWER BREAKOUT~175.40
FIRST TARGET~172.90
INTERIM SUPPORT~171.10
FINAL SUPPORT~168.75
My views are for educational purposes only.
Please trade with caution and consult your financial adviser before trading.
HDFC BANK KEY LEVELS SUPPORT AND RESISTANCE 12/06/2020 FRIDAYKey Levels for HDFCBANK : INTRADAY CHART ANALYSIS
UPPER BREAKOUT~975.50
FIRST TARGET~984.60
INTERIM RESISTANCE~992.30
FINAL RESISTANCE~1000.65
***************************
LOWER BREAKOUT~958.70
FIRST TARGET~949.60
INTERIM SUPPORT~941.90
FINAL SUPPORT~933.50
My views are for educational purposes only.
Please trade with caution and consult your financial adviser before trading.
ICICI Bank - LongWe have watched the stock for sometime now and it has confirmed its intent of moving in an upward trajectory. Having broken, the stock retraced and came back to find earlier resistance as support. Also, the price is now above the Ichimoku cloud - a bullish sign... The tide seems to have changed. I will be going long above 360 with a SL of 330 and a positional tgt of 445. There are couple of intermediate hurdles at 380-385 and at 408. These could be potential targets.
HDFC BANK KEY LEVELS SUPPORT AND RESISTANCE 11/06/2020 THURSDAYKey Levels for HDFC BANK : INTRADAY CHART ANALYSIS
UPPER BREAKOUT~999.75
FIRST TARGET~1009.30
INTERIM RESISTANCE~1019.55
FINAL RESISTANCE~1028.40
*******************************
LOWER BREAKOUT~984.10
FIRST TARGET~976.60
INTERIM SUPPORT~970.90
FINAL SUPPORT~965.35
My views are for educational purposes only.
Please trade with caution and consult your financial adviser before trading.
BANK NIFTY KEY LEVELS SUPPORT AND RESISTANCE 11/06/2020 EXPIRYKey Levels for BANK NIFTY : INTRADAY CHART ANALYSIS EXPIRY
UPPER BREAKOUT~21325
FIRST TARGET~21476
INTERIM RESISTANCE~21613
FINAL RESISTANCE~21781
****************************
LOWER BREAKOUT~21142
FIRST TARGET~21014
INTERIM SUPPORT~20887
FINAL SUPPORT~20716
My views are for educational purposes only.
Please trade with caution and consult your financial adviser before trading.
ICICI BANK: Channel trade potentialICICI BANK
CMP 348
- We observe that the stock has spent majority of the time in the channel between 320-380
Given the view one may consider a Short strangle strategy in ICICI Bank
Sell ICICI Bank 320 Put around 8.5
&
Sell ICICI Bank 380 Call around 8.5
Lot size 1375
Max profit potential 1375 *(8.5+8.5) = Rs 23375/-
Yield potential approximately 10% till 25 June.
Loss in strategy if ICICI Bank closes below 303 or above 397 on 25th June 2020
Take care & safe trading...!!!
Don't Just Dial, Take a Call Bearish Rejection at 407, wait for market open to see more rejections and as I said don't just dial, take a call, risk to reward is good on this one. Protect your money and use proper risk management.
About me:- This is your own scammer demo trader who lived in the stone age era & gained immortality by slaying a Ninja Dragon & his unicorn friend about 2.6 million years ago, then the ninja dragon's master challenged me to fight him for his time travelling rainbow coloured shining sword & his rented Ferrari, of course after beating him as well I used his travelling sword along with rented ferrari came down here in the modern age of 2020, sold his ferrari and managed to gather some money for this trading.
Disclaimer:- Don't Listen to me, I'm not a financial advisor
BANKNIFTY KEY LEVELS SUPPORT AND RESISTANCE 10/06/2020 WEDNESDAYKey Levels for BANK NIFTY : INTRADAY CHART ANALYSIS
UPPER BREAKOUT~20858
FIRST TARGET~21114
INTERIM RESISTANCE~21341
FINAL RESISTANCE~21568
*****************************
LOWER BREAKOUT~20322
FIRST TARGET~20144
INTERIM SUPPORT~19979
FINAL SUPPORT~19766
My views are for educational purposes only.
Please trade with caution and consult your financial adviser before trading.
BANK NIFTY KEY LEVELS SUPPORT AND RESISTANCE 09/06/2020Key Levels for BANK NIFTY : INTRADAY CHART ANALYSIS
UPPER BREAKOUT~21327
FIRST TARGET~21449
INTERIM RESISTANCE~21568
FINAL RESISTANCE~21758
************************
LOWER BREAKOUT~21152
FIRST TARGET~21040
INTERIM SUPPORT~20914
FINAL SUPPORT~20757
My views are for educational purposes only.
Please trade with caution and consult your financial adviser before trading.
ICICI BANK KEY LEVELS SUPPORT AND RESISTANCE 08/06/2020 MONDAYKey Levels for ICICI BANK : INTRADAY CHART ANALYSIS
UPPER BREAKOUT~362.65
FIRST TARGET~365.90
INTERIM RESISTANCE~369.80
FINAL RESISTANCE~374.05
****************************
LOWER BREAKOUT~354.20
FIRST TARGET~350.95
INTERIM SUPPORT~347.90
FINAL SUPPORT~343.50
My views are for educational purposes only.
Please trade with caution and consult your financial adviser before trading.
HDFC BANK KEY LEVELS SUPPORT AND RESISTANCE 08/06/2020 MONDAYKey Levels for HDFC BANK : INTRADAY CHART ANALYSIS
UPPER BREAKOUT~1048
FIRST TARGET~1061
INTERIM RESISTANCE~1071
FINAL RESISTANCE~1083
*********************************
LOWER BREAKOUT~1033
FIRST TARGET~1026
INTERIM SUPPORT~1019
FINAL SUPPORT~1013
My views are for educational purposes only.
Please trade with caution and consult your financial adviser before trading.
AXIS BANK KEY LEVELS SUPPORT AND RESISTANCE 08/06/2020Key Levels for AXIS BANK : INTRADAY CHART ANALYSIS
UPPER BREAKOUT~411.40
FIRST TARGET~415.15
INTERIM RESISTANCE~420.05
FINAL RESISTANCE~425.70
*******************************
LOWER BREAKOUT~405
FIRST TARGET~402.35
INTERIM SUPPORT~398.95
FINAL SUPPORT~394.45
My views are for educational purposes only.
Please trade with caution and consult your financial adviser before trading.
BANK NIFTY KEY LEVELS SUPPORT AND RESISTANCE 08/06/2020 MONDAYKey Levels for BANK NIFTY : INTRADAY CHART ANALYSIS
UPPER BREAKOUT~21341
FIRST TARGET~21497
INTERIM RESISTANCE~21695
FINAL RESISTANCE~21965
*************************************************
LOWER BREAKOUT~20986
FIRST TARGET~20830
INTERIM SUPPORT~20631
FINAL SUPPORT~20390
My views are for educational purposes only.
Please trade with caution and consult your financial adviser before trading.
BANK NIFTY KEY LEVELS SUPPORT AND RESISTANCE 05/06/2020 FRIDAYKey Levels for BANK NIFTY:
UPPER BREAKOUT~20489
FIRST TARGET~20631
INTERIM RESISTANCE~20787
FINAL RESISTANCE~20986
***************************
LOWER BREAKOUT~20283
FIRST TARGET~20151
INTERIM SUPPORT~20019
FINAL SUPPORT~19835
My views are for educational purposes only.
Please trade with caution and consult your financial adviser before trading.