HDFC Bank Ltd view for Intraday 28th September #HDFCBANKHDFC Bank Ltd view for Intraday 28th September #HDFCBANK
Buying may witness above 1725
Support area 1780. Below ignoring buying momentum for intraday
Selling may witness below 1710
Resistance area 1780
Above ignoring selling momentum for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks
HDB trade ideas
HDFC BANK - AN INVESTMENT PICK AT MOUTHWATERING VALUATION?The HDFC Bank extended decline today, after marking its biggest single-day drop since March 2020.In the last two days alone, HDFC Bank has corrected more than 12%.
This decline is fine but there's another picture to it which no one is talking about.
While there is so much panic among investors and traders but this panic can be a good investment opportunity.
There exists a curve resistance at long term charts around 1700-1720 levels which HDFC respected this time also and fell from that level.
On the other hand, If we talk about technical patterns, There is a clear Inverse Head & Shoulders pattern in making at long term charts. Such long term chart patterns don't fail most of the time.
HDFC current market price is 1500 and It is trading at a support zone of 1480-1500 & valuation is good at cmp.
Inverse Head & Shoulders pattern breakout level is 1690-1700.
Breakout of this pattern will take it to 2200 levels which is approximate 46-47% upside from current level. Incase It falls further, then It can be added more at 1450-1420-1400 levels.
This could be a great investment for long term investors.
HDFC Bank ALL TIME HIGHstock looks fantastic on charts, near all time high.
it is playing big role in taking Bank nifty to new highs.
Has given range breakout 1300 - 1750. (app.)
RSI is near 71, it may pull off or can take it to 1800 -1900 levels in short to mid term.
support near 1600 now of 50 MA.
Watchout for the stock and accumulate on dips would be great.
Disclaimer - it is my personal views not a recommendation, please ask your advisor before taking position.
HDFC Bank forming U shaped pattern @Daily Time FrameHDFC Bank forming U shaped pattern @Daily Time Frame
Entry ~1650 Candle Close
SL 1580 Candle Close
Target 1750-1775
Disclaimer: Study only for Educational Purpose.
Remember: My Money, My Risk, My Reward, My Responsibility.
Please Consult your SEBI registered Financial Advisor for any Financial Advice/ Decision.
HDFC BANK WEEKLY ANALYSIS SWING TRADE
- EARN WITH ME DAILY 10K-20K –
HDFC BANK Looking good for upside..
When it break level 1690 and sustain.. it will go upside...
BUY@ 1695
Target
1st 1784
2nd 1881
HDFCBANK JUL FUT – LOT 6 (Qty-3300)
MINIMUM 10L CAPITAL
This stock is really good for INVESTMENT…
Enjoy trading traders.. Keep add this STOCK in your watch list..
Big Investor are welcome..
HDFC - Will it take U-Turn ? - Close from 1800 Disclaimer:
Trading in financial markets involves substantial risks. Consult your financial advisor before making decisions. This commentary is not a solicitation to buy or sell.
WaveTalks - Market Whispers! Can you hear them?...........
Will the Giant Take a U-Turn after achieving all the targets 1555 was the first in the series ....
Possible Reasons for Next Expected Move
Possible Double Top at 1794 ( Will be valid until holds below 1800)
Pattern Thrust from 1630's - Key level
Elliott Wave - Corrective Sequence could be completed from the support zone 1375 - 1390 to 1800 approx highs .or about to end .mentioned in the connecting 1st idea published on 27th Jan 2024 - The Bullish Gartley
Bullish Gartley Idea ( 1375 - 1800..) - 1st Idea of the Series in Jan 2024
Enjoying Target 1 - 1555 in April 2024
Nifty at 26000 - We are almost close to 27600's Target ...Can we achieve the dream run or we correct & later push towards
From WaveTalks
Good Night
HDFC BANK ( Looking goog to invest); small stoploss is enough;For short term investment ;
Leave a " Like If you agree ".👍
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Wait for small retracement & daily candle to close above - "1650".
Trade carefully untill ENTRY level.
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Entry: 1655 / 1640
target: 1675- 1700- 1750
sl: 1640 / 1630
major stoploss/ support: 1600
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Enter only if market Breaks
"Yellow box" mentioned.
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Don't make complicated trade set-up.📈📉
Keep it " simple, focus on consistency " 💹
Refer our old ideas for accuracy rate🧑💻
Follow for daily updates👍
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Refer old posted idea attached below.
HDFC Bank will Breakout from 1722-1800 Range??HDFC bank trading in its upper range 1722-1800 which always acted as resistance.
In Weekly charts Cup & Handle Pattern is complete & also given breakout above 1722-1744 levels but as this range always acted as resistance so will wait for any correction or will buy after breakout of 1722-1800 range. Target will be 2222-2333 range. Trade with proper Risk Management & Happy Trading Thank You.
HDFCBANK Support & Resistance support and resistance levels for HDFC Bank (HDFCBANK).
Support Levels:
1. Support Level 1: 1600 INR
2. Support Level 2: 1640.57 INR
Resistance Levels:
1. Resistance Level 1: 1727 INR
2. Resistance Level 2: 1669.98 INR
These levels can be used by traders and investors to analyze potential entry and exit points for HDFC Bank's stock based on market movements. It's important to note that these levels are not guaranteed and may change based on market conditions.
HDFCBANK - Weekly AnalysisIn the Weekly Chart of HDFCBANK ,
we can see that, it has become very Bullish.
1700-1720 has been major resistance for very longer time and now it has given breakout.
Let it retest and then enter with SL and Targets & be ready for very First target of 2000.
Expected momentums are shown in chart.
HDFC BANK WEEKLY BREAKOUTAs per weekly chart set up, HDFC Bank is looking for consolidation channel breakout. The stock was trading in a range from 1300 to 1750 levels wef 2021 to 2024 almost 4 years. The stock has come into uptrend from consolidation. So, one can look for 2100 and 2400 target in next coming weeks.
A Classic Breakout in HDFC BANKA classic breakout has happened in HDFC bank. It was a multiple times resistance near 1700 price range with more than one year time span.
Also, its like CUP AND HANDLE pattern breakout in weekly basis.
Price may reach upto lifetime high and pattern's target.
Price may retest upto Handle's Low below which price is negative on sustaining basis.
Follow and Stay tuned for more content.
Disclaimer: This is an opinion by me for educational purpose only and is not a recommendation :-) :-)
HDFC BANK Swing Long Update- HDFC Bank is currently trading at 1742
- HDFC bank followed my plan exactly the way I had predicted and anticipated it to play out
- HDFC Bank is now approaching a decent supply zone where we can possibly see a reaction from 1764
- HDFC Bank has printed and pulled Indexes too once this starts to cool off market might give a sudden downturn move watch out