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Trend Analysis

Nifty 50. The Doji Candle.Nifty is making Doji at the bottom on weekly chart. Which shows the chances of trend reversal. If Nifty close above 23391 (current week high) then Down trend will be end and reversal process will start in market. For confirmation, the complete week should be close above 23391 for the All time high target (26272). If Study RSI, Rsi is near 60 on monthly chart which can act as a support and at 40 on weekly chart which is again a support area. If Daily RSI will cross 40 then Market can be bullish again. And If 23050 broken then It will open the gate of 21500 down side.
NSE:NIFTYLong
by ABCofTrading
hdfc bank view HDFC Bank, one of India's leading private sector banks, was established in 1994. Its origins and development reflect the transformation of India's banking sector during the 1990s, following the liberalization of the Indian economy. ### Key Milestones in HDFC Bank's History: #### 1. **Foundation and Early Years (1994-1999)** - **Incorporation**: HDFC Bank was incorporated in August 1994 in Mumbai, Maharashtra. It was promoted by the Housing Development Finance Corporation Limited (HDFC), India's premier housing finance company. - **Banking License**: In January 1995, the Reserve Bank of India (RBI) granted HDFC Bank a banking license, allowing it to operate as a scheduled commercial bank. - **IPO Launch**: In 1995, HDFC Bank went public, listing its shares on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE). The IPO was well-received, reflecting investor confidence. - **Early Operations**: The bank initially focused on corporate banking, capitalizing on the growing demand for professional banking services. #### 2. **Expansion and Growth (2000-2010)** - **Branch Network**: HDFC Bank aggressively expanded its branch network across India, establishing a strong presence in urban and semi-urban areas. - **Technological Leadership**: The bank was among the pioneers in adopting advanced technology, offering internet banking, phone banking, and ATMs for customer convenience. - **Merger with Times Bank**: In 2000, HDFC Bank merged with Times Bank, the first merger in the private banking sector in India. This significantly boosted its customer base and geographical reach. - **Retail Banking Growth**: The bank expanded its focus to include retail banking, offering personal loans, credit cards, and savings accounts, gaining a diverse customer base. #### 3. **Dominance and Diversification (2011-2020)** - **Leadership**: Under the leadership of Aditya Puri, HDFC Bank became synonymous with stability, efficiency, and innovation. Puri served as the Managing Director from its inception until October 2020, making him the longest-serving CEO of any private bank in India. - **Digital Transformation**: The bank introduced mobile banking apps and enhanced its digital offerings, positioning itself as a leader in digital banking. - **Market Capitalization**: By 2020, HDFC Bank became the largest private sector bank in India by market capitalization. #### 4. **Recent Developments (2020-Present)** - **Leadership Change**: In 2020, Sashidhar Jagdishan succeeded Aditya Puri as the Managing Director and CEO. - **Technological Challenges**: Despite its technological edge, the bank faced some issues with outages in digital services, prompting RBI to impose temporary restrictions on new digital launches. - **Merger with HDFC Ltd**: In April 2022, HDFC Ltd announced a merger with HDFC Bank. This landmark deal, finalized in 2023, combined the strengths of the two entities, creating a financial services powerhouse. ### Current Status: As of today, HDFC Bank is one of the most trusted banks in India, known for its robust financial performance, customer-centric approach, and innovative services. It operates a widespread network of branches and ATMs and continues to play a pivotal role in India's economic growth.
NSE:HDFCBANK
by hariwadhwa
2
Series "Effective capital management - The key to success!"While waiting for the results of the trading plan. There is a little experience for those new to the market that I want to share with you. It is also the lessons I have experienced. If you have any questions, please leave a comment. I will answer for you. 🌟Lesson 1: Why do we need CAPITAL MANAGEMENT 📌 Many people after suffering financial losses often have a feeling of fear. But they really do not understand where their fear comes from and what they are really afraid of? 📌 We all cannot really distinguish between the fear of LOSING MONEY and the fear of the MARKET. 📌 The fear of losing money mostly comes from players with less than 1 year of experience and they do not know how to manage the capital assets they are holding. They enter the trading profession mostly with the money they have saved their whole life, an amount of money that is too large compared to their financial reserve. 👉👉👉I temporarily call this the TRADE OF A LIFE. ⚠️⚠️⚠️Its characteristics are easy to recognize They often use 100% or more than 50% of their total assets to participate in the game, but they are essentially newbies. Therefore, when they lose, they are easily held back by a negative account loss of nearly 80%. Then they call for help everywhere and easily fall into a crisis and mental stress. ⛔ This is a fear that easily leads to despair. 📌 Fear of the MARKET is different: Fear mostly comes from players who are just starting to analyze, explore and have a little experience, but still lose. This fear lasts and gradually makes traders respect the market and be less arrogant when placing orders. ✅ This fear is good: It helps us be more serious about capital management. Reduce excessive sublimation in trading. Know how to respect the market. 💡 Fear and respect for MARKET is respect for your assets. 💎 THAT RESPECT IS CALLED: CAPITAL MANAGEMENT. Let's wait for Part 2: Instructions on how to effectively manage capital for beginners
OANDA:XAUUSD
by TonyL0ng
BANK OF BARODA - BREAKOUT TRENDLINE - WEEKLY CHART. Bank of Baroda is at an old support area, has formed a Hammer candle. Once it gives BO of the the trendline then there is probability of going up. It may also spend some time between 215-230 before giving an upside move. High of the Hammer candle-230 seems an Entry point and 216-SL. If you like my analysis, please follow me as a token of appreciation :) in.tradingview.com/u/SatpalS/ For learning and educational purposes only, not a trading advice. Pls consult your financial advisor before investing.
NSE:BANKBARODA
by SatpalS
Bitcoin Bybit chart analysis january 16Hello It's a Bitcoinguide. If you have a "follower" You can receive comment notifications on real-time travel routes and major sections. If my analysis is helpful, Please would like one booster button at the bottom. This is the Bitcoin 30-minute chart. Nasdaq indicators will be announced at 10:30 in a little while. In the 3-hour chart, where there is MACD dead cross pressure, Nasdaq has a possibility of a vertical rise in real time, and Tether Dominance has a possibility of a vertical fall from the current position. As you can see from this week, it just opened its mouth and went up to about $11,000, right? Looking at the candle shape and cost-effectiveness, I could miss the entry point, so I set a short stop loss and operated aggressively. *Red finger movement path One-way long position strategy 1. Pursuit purchase at $98,982 / When the purple support line is completely broken Or when the 2nd section is touched, stop loss price 2. Top section 101,883.5 dollars 1st target -> Good 2nd target price Since it is touching the expected support line first today, I am going to see the outcome. The purple finger 99.7K at the top is the best short position entry point for today. Since the 2nd section is the center line touching section of the 2-hour Bollinger Band chart The short-term pattern can be broken, It is best to raise it from the purple support line if possible From the perspective of a long position. The convergence section of the 1st and 2nd sections is a sideways market The 3rd section is the 1+4 major support line. Up to this point, I ask that you simply use my analysis for reference and use only. I hope that you operate safely with the principle of trading and cut-off price. Thank you.
BYBIT:BTCUSD.PLong
by BitCoinGuide
A rally to exitSenco CMP 1028 Inverted V- that's a directional signal and preparing you in advance, that the fall has just begun. Fib- the stock is at fib and trendline support. Hence a rally from here is very likely. In my view 1259 is a high probability from here. Elliott- The A leg of the correction has 5 waves hence this is the first leg of the 3-wave correction. The B wave can go all the way to 1400. Conclusion- since I can see the Inverted V I will not want to push my luck. In my view one should book it around the 1260 zone.
NSE:SENCO
by singh17vivek
Can RELIANCE be accumulated at the Current Market Price(CMP) ?Reliance: Bullish Potential Above Monthly Trendline! 🚀 If Reliance closes above the trendline on the monthly timeframe, it signals a strong buying opportunity for accumulation. Watch closely for confirmation! "Reliance: Technicals Indicate Strength, But Patience is Key!" "The chart is technically looking good; As one can see price is forming a Ascending channel pattern. However, it's essential to wait for the monthly candle to close above the trendline before taking action. Patience remains the cornerstone of successful investing and trading. Stay disciplined and wait for confirmation!" > Premature entries can lead to unnecessary risks. >Always prioritize confirmation over anticipation
NSE:RELIANCE
by Pratik_Barchha
ASHAPURMIN is Set to rally! Time to go Long!Hey Family, there is a one more stock Which is showing a great opportunity. Key Points:- * Formation of Ascending Triangle Pattern in Daily TF. * From Dec 2023 to Jan 2025 Tested Resistance Many times. * It's Break resistance Zone and trying to Sustain above Resistance Zone with good volume good closing required. * Volume Accumulation (Volume is Rising). What is your view please comment it down and also boost the idea this help to motivate us. We are Certified. All views shared on this channel are my personal opinion and is shared for educational purpose and should not be considered advise of any nature.
NSE:ASHAPURMINLong
by ChartSight
7