HDFC Bank1) HDFC Bank is in higher high and higher low structure.
2) HDFC Bank is a strong stock as its chart pattern suggest.
3) It has already breakout its resistance and all time high as well
4) It is retraced back to its 50EMA and its support breakout point.
5) It has RS positive.
Buy- 1815, SL - 1764
TGT - open
HDFC Bank Limited ADR
No trades
Trade ideas
Adx part 1The ADX quantifies trend strength by measuring directional movement over a given time frame. It provides traders with specific numbers (from 0 to 100) that represent strong or weak price trends. Traders can simply refer to the numbers to quickly assess the strength of a trend.
ADX below 20: Non-trending or consolidating.
ADX crosses above 20: A new trend may emerge.
ADX crosses 25: Confirmation of the trend.
ADX above 40: Strong trend.
ADX crosses 50: Extremely strong trend.
ADX crosses 70: A rare occasion.
HDFCBANK Support & Resistance As of December 26, 2024, HDFC Bank Limited (HDFCBANK) is trading at ₹1,809.30. For intraday trading, the following support and resistance levels have been identified:
Daily Pivot Levels:
Support Levels:
S1: ₹1,798.78
S2: ₹1,788.87
S3: ₹1,779.63
Resistance Levels:
R1: ₹1,817.93
R2: ₹1,827.17
R3: ₹1,836.42
These levels are calculated based on recent price movements and can assist traders in making informed decisions. It's important to note that technical analysis is inherently uncertain, and actual market movements may differ. Therefore, it's advisable to use these levels in conjunction with other analyses and risk management strategies.
Revered from B Leg, Will it Form a Shark?HDFCBANK, A major contributor for NSE: NIFTY50 may see a little downfall considering harmonic analysis on Daily, Weekly Time Frames.
At this Juncture Let us consider Daily Time Frame, and as drawn on charts it is about to form a Bullish Shark Pattern which is reversed from B Leg.
Expected Behavior can be as represented in Red Color path.
As price comes down from 1775, Price may reach to 1690.80 which is PRZ1 Level.
on Weekly Time Frame(WTF), Price is expected to reach 1425-1400 Levels as major shark pattern completes its D Leg.
HDFCBANK Support & Resistance HDFC Bank has a hierarchical organizational structure that categorizes employees into different levels based on their roles, responsibilities, and experience. These levels typically include the following:
1. Entry-Level
Roles: Customer Service Executive, Sales Officer, Relationship Officer, Teller.
Focus: Frontline banking operations, customer service, and sales.
Typical Qualifications: Graduates or MBAs with 0-2 years of experience.
2. Junior Management
Roles: Assistant Manager, Deputy Manager.
Focus: Supervising teams, basic managerial responsibilities, and operational oversight.
Growth Path: From entry-level positions through internal promotions or external hiring.
3. Middle Management
Roles: Manager, Senior Manager, Branch Manager.
Focus: Leading teams, managing branch operations, and achieving business targets.
Responsibilities: Overseeing customer relationships, ensuring compliance, and mentoring junior staff.
4. Senior Management
Roles: Regional Manager, Cluster Head, Zonal Head.
Focus: Overseeing multiple branches or regions, strategic planning, and business development.
Responsibilities: Driving profitability, high-level decision-making, and coordination between departments.
5. Executive Management
Roles: Country Head, Group Head, Executive Vice President.
Focus: Shaping the overall business strategy, governance, and leadership.
Responsibilities: Company-wide decision-making and aligning operational goals with the bank's vision.
6. Top Leadership
Roles: Managing Director (MD), Chief Executive Officer (CEO).
Focus: Overall governance, steering the organization, and stakeholder management.
Responsibilities: Accountability to shareholders, regulatory bodies, and aligning the organization with market trends.
HDFC Bank also promotes a culture of internal growth and provides numerous training and leadership programs for career advancement. The exact titles and levels may vary slightly based on the department, such as retail banking, corporate banking, IT, or risk management.
Keep eye on this share. It's, After long, long year wait this year. cross his resistance. and now seems to be. retesting if if in this stage found any bullish candle this sign is showing to no go further down S. Wait for any bully scandal. This is the critical stage. where this. shear cross. resistance after long waiting time. So this stage can stage can be support for future.
HDFC Bank Trade Setup on the Daily Chart📊 HDFC Bank Trade Setup on the Daily Chart 📈
Here's an interesting long trade setup for HDFC Bank:
🔹 Entry : 1771
🔹 Take Profit : 1881
🔹 Stop Loss : 1742
This trade aligns with a confluence of technical factors:
1️⃣ Fibonacci Retracement🟠: Price is bouncing near the 0.5 retracement level, signaling potential support.
2️⃣ EMA 50 🟡: Acting as dynamic support, strengthening the probability of a rebound.
3️⃣ Historical Resistance-Turned-Support 🟢: Price is testing a key zone previously broken.
Risk-to-reward ratio looks favorable for a swing trade. Keep an eye on how price reacts to this critical level.
💬 Share your thoughts in the comments!
HDFCBANK Support & Resistance To determine the support and resistance levels for HDFC Bank (as of now, in December 2024), we would typically rely on technical analysis methods such as identifying recent swing highs and swing lows, using Fibonacci retracement levels, and observing moving averages and chart patterns. These levels change frequently, depending on market conditions, but I’ll provide a general guideline on how to calculate these levels and some typical support/resistance points that might be relevant.
How to Find HDFC Bank's Support & Resistance Levels:
Swing Highs and Lows: The most basic form of support and resistance is identifying the points on the price chart where HDFC Bank has recently bounced (support) or reversed down (resistance).
Support: Price level where the stock finds buying interest and reverses from a downtrend.
Resistance: Price level where the stock finds selling pressure and reverses from an uptrend.
Fibonacci Retracement Levels: Fibonacci retracement is a powerful tool to predict possible support and resistance levels. Typically, the key levels are:
23.6%
38.2%
50%
61.8%
These can be drawn by taking the most recent significant swing low and swing high (or vice versa) on the chart.
Moving Averages: Key moving averages like the 50-day, 100-day, or 200-day can serve as dynamic support or resistance levels. If the price is above the moving average, it often acts as support, and if the price is below, it often acts as resistance.
Psychological Levels: Round numbers such as ₹1,500, ₹1,600, ₹2,000, etc., often act as strong psychological barriers.
Volume: High-volume areas in the past can act as strong support/resistance zones.
Triangle Pattern breakout in HDFC 1Day Time-frameOver the past few weeks, HDFC Bank’s stock price was consolidating, forming a symmetrical triangle pattern. The support and resistance levels were gradually narrowing, showing that the stock was gearing up for a big move.
On , the price broke out above the resistance line with a surge in trading volume, confirming the breakout. This is a strong bullish signal, as increased volume indicates heavy buying interest and strong momentum behind the move.
HDFCBANK Support & Resistance levelsAs of mid-December 2024, HDFC Bank's stock is trading at ₹1,871.75 on the NSE, nearing its 52-week high of ₹1,880. The stock has demonstrated solid growth throughout the year, starting at ₹1,683.01 in January and delivering approximately 11.2% returns year-to-date
Key levels for December 2024:
Support levels: Around ₹1,864 to ₹1,868, based on recent lows observed earlier this month.
Resistance levels: The 52-week high of ₹1,880 acts as a critical resistance. Breaching this could open the path for further upward momentum
HDFC Bank: Breaking Barriers with BullishnessTopic Statement: HDFC Bank is moving in a mildly bullish trend after breaking above its critical resistance level.
Key Points:
1. The stock has successfully breached above the 1700 price barrier, a significant resistance level.
2. The price is trending within an up-trending channel, sustaining its bullish momentum.
3. The stock is expected to remain bullish unless it cuts below the channel.
HDFCBANK Ltd view for Intraday 13th DecHDFCBANK Ltd view for Intraday 13th Dec
Resistance 1900 Watching above 1901 for upside movement...
Support area 1770 Below 1790 ignoring upside momentum for intraday
Support 1779 Watching below 1779 or downside movement...
Resistance area 1600
Above 1785 ignoring downside move for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
HDFC Bank Hits a New All-Time High
HDFC Bank continues its stellar performance, achieving a new all-time high! 🌟 But the key now is sustainability above crucial support levels.
🔑 What to Watch:
✔️ Monitor price action around the breakout level.
✔️ Strong volume = solid buying interest.
✔️ Support zones will confirm stability for further uptrend.
Patience is key—wait for a clear confirmation before taking action. The long-term growth story of HDFC Bank remains intact! 💼💰
#HDFCBank #StockMarket #NewHighs
Double Rounding Bottom | HDFC BANK1️⃣ News on HDFC Bank
📍IPO Launch: ₹12,500 crore IPO for its subsidiary, HDB Financial Services
📍Profit Growth: 5.3% increase in net profit for the last quarter
📍Stock Surge: HDFC Bank shares have risen nearly 20% in three months
📍Market Position: High market cap and favorable investor sentiment
2️⃣Technical Analysis
⭕️Support around ₹1,500; important for maintaining upward momentum.
⭕️Breakout above ₹1,700 for potential buy signals.
⭕️Moving averages indicate bullish momentum.
⭕️Overbought territory suggests potential short-term corrections.
⚠️Conclusion
Strong fundamentals, including solid revenue growth The merger with HDFC Ltd. enhances its market presence, but it faces some margin pressures. Overall, it’s a good time to buy HDFC Bank stocks for long-term stability and growth, while keeping an eye on potential short-term volatility.
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Technical AnalysisTechnical analysis is a means of examining and predicting price movements in the financial markets, by using historical price charts and market statistics. It is based on the idea that if a trader can identify previous market patterns, they can form a fairly accurate prediction of future price trajectories.
What exactly are the two types of technical analysis? Chart patterns and technical (statistical) indicators are the two main types of technical analysis. Chart patterns are a subjective type of technical analysis in which technicians use certain patterns to indicate regions of support and resistance on a chart.
Cup and handle bullish pattern on HDFC BANK | Go longWith MSCI rebalancing and strock retest of all time high 1836 plus bank nifty looking strong. Breakouts probabilities are very high and the stock can be picked for a swing trade of at least 5% with extended targets reaching 2000 (10%) with a time frame of 3 months.






















