Hdfc bank cup & handleHdfc bank cup & handle pattern
Try to fill gap atleast and then cup&handle target
Bullish- target shown in chart
HDFC Bank Limited ADR
No trades
Trade ideas
HDFC BANK - Bearish BAT pattern on DTFBearish harmonic reversal possible from below PRZs-
PRZ 1 : 1680
PRZ 2 : 1673
PRZ 3 : 1688
CMP : 1604
HDFC BANK - Consolidation phase, is it calm before the storm?Overview & Observation:
1. Solid consolidation happening since 2020.
2. Better to just watch it for now
3. Prices have started moving slowly from the demand zone.
4. PA structure is currently bullish forming HH-HL.
5. Overall strength and momentum are lacking.
D TF:
- Stay tuned for further insights, updates and trade safely!
- If you liked the analysis, don't forget to leave a comment and boost the post. Happy trading!
Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Please, do your due diligence before investing.
Thanks & Regards,
Anubrata Ray
HDFCBank BullishHDFC Bank bullish pattern on chart. Good reversal, can expect gap up on Monday 19th Feb.
All levels marked on the chart. Important levels are 1500,1540, 1600.
It also formed a double bottom pattern so expect 1700 in couple of months.
HDFC BANK - Learning 1. Price action shows that the trend is changed from down to up.
2. Volumes are not that attractive which attract the buyers but stock is good so we can think for long term.
So, if we want to take trade in HDFCbank, what will be the correct position ?
Position 1: when price will close above the 1600 on daily chart, why there because there will get small stoploss for large target.
Position 2: when price is near 1500 or little bit below, because we have a support of a trendline which will act as a support area.
Follow for more Analysis.
For Learning Purpose Only.
HDFCBANK in corrective wave ABChdfcbank is in corrective wave abc post making high of 1595.
Wave A down completed at 1454
wave B up has resistance near 1573-1575
Post wave B expect down move to start again for wave C..
Hdfc Bank 1820 15% UpsideExpecting upside in hdfc bank towards 1820 invested at 1500 around may 31st
In the long run expecting the stock to break from the sideways channel pattern it has been in for around 3-4 years
Breakdown of trendlineIn HDFC bank Chart, Support of trendline was broken on 4th March'20 but before it on 14th Feb'20, 5 EMA negatively crossed over 13 EMA and gave early warning of breakdown.
HDFC BANK GANN ANALYSIS FOR JUNE 2024 MONTHLY EXPIRY HDFC Bank carries the highest weightage of 11.60% in the Nifty 50 index. It has proven its worth by creating wealth in the past and is being held in the portfolios of investors and mutual funds also. Recently it is underperforming in the banking index. All time high made was in July 2023 at 1757.50. Another lower high was made in Dec 2023 at 1721.40. The level of 1760 is important for it and needs to be crossed for further growth. Momentum can be seen in it if it crosses the level of 1830 in future.
Trend decider level for it is 1515. Momentum on either side can be sen at levels of 1597 and 1433. Extended range for the monthly expiry can be seen at 1699 and 1331.
Happy Trading !!!
HDFC ANALYSIS Stock is trading in channel pattern. Now stock touch the support line and forming higher high.
While being conservative (retracement) trader. We need considered three things.
1. After break the resistance and stock would touch the previous resistance line to conclude
whether resistance act as support.
2. Price should be discount price. ( To check we using Fibonacci tools).
3. Stock should have imbalance or fair value gap. Because stock would come again and fill the gap.
This stock meet all the above criteria.
Entry : 1470 to 1480
Target : 1650 to 1700
Note : But beware stock will be more volatile because of election result.
I am not sebi register advisor. I am sharing for education purpose only.
HDFC ANALYSIS Stock is trading in channel pattern. Now stock touch the support line and forming higher high.
While being conservative (retracement) trader. We need considered three things.
1. After break the resistance and stock would touch the previous resistance line to conclude
whether resistance act as support.
2. Price should be discount price. ( To check we using Fibonacci tools).
3. Stock should have imbalance or fair value gap. Because stock would come again and fill the gap.
This stock meet all the above criteria.
Entry : 1470 to 1480
Target : 1650 to 1700
Note : But beware stock will be more volatile because of election result.
I am not sebi register advisor. I am sharing for education purpose only.
HDFC BANKI Observed these Levels based on price action and Demand & Supply which is My Own Concept Called "PENDAM CONCEPTS" ... Please Don't Take any trades based on this chart/Post...because this chart is for educational purpose only not for Buy or Sell Recommendation.. Thank Q
14% upside on Big DddyThe sleeping Gaint is waking up gradually , the one who can push both incidxes single handedly, it's time after 2 years --1549 First Resistence --1598 or 1600 second , Stay in the game and enhoy the ride...Good luck
HDFC bank log term buy given at 1398 hold it 1620, 1730 and ATHDisclaimer -
This information is only for educational purposes, this is not for any buy or sell recommendations .
On Our Harmonic pattern indicator
based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% ..
Please note:-
It's working on news based and volitile market very well so exit if SL hit
HDFC bank log term buy given at 1398 hold it 1620, 1730 and ATHDisclaimer -
This information is only for educational purposes, this is not for any buy or sell recommendations .
On Our Harmonic pattern indicator
based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% ..
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Here's the Big Time Big stock Trust the Big daddy , he's on slowly waking up and you have to cheerish it , Go for it and enjoy the gains
HDFC BANK - short term @fter taking support on weekly time frameHDFC BANK has taken support at 1363.5 and reversed. Looks like a strong reversal till 1750 is possible in coming days till it holds 1420 on daily basis.
There is strong support in squeeze momentum indicator, so breaking high is possible but initial move till high is safe and further action can be taken based on how chart reacts at those levels.
This analysis is based on price action and squeeze momentum indicator.
Please do your due analysis before entering a position.
This is not a trade call, just sharing my views on how I expect price to move in coming days.
HDFC BANK ANALYSISBanking Sector Blue Chip aka HDFC Bank is at attractive level which can be very good for investment but one thing should be clear that STOCK currently in Sideway so have to hold these stocks with Lot of patience
NOT A BUY OR SELL JUST VIEW SINCE I AM CURRTELY INVESTED.
HDFC Bank is BullishBank is seen taking steps to reduce its employee cost and in chart pattern is indicating bullish pattern and price taking support with big range indicating bigger move on upside any time based on accumulation
Hdfc double bottom1. Bollinger band outside inside double bottom.
2. Conformation of double bottom pattern.
Hdfc bankPrice is having resistance around the zone 1460 - 1466. Price have to sustain above the level to be bullish.
Buy above 1470 with the stop loss of 1458 for the targets 1482, 1496 and 1510.
Sell below 1450 with the stop loss of 1462 for the targets 1438, 1424 and 1408.
Check the live market updates.
Hit the like button to Rock !! Show some energy !!
Note : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
You are responsible for whatever you do.
Just a view HDFC
I AM LOOKING FOR THE SWING TRADE IN THIS STOCK
it looks like stock has taken support and ready for cor the blast.
TP1 - 1520
TP2 - 1600
TP3 - 1690
TRADE AS PER YOUR RISK MANAGEMENT AND DO YOUR OWN ANALYSIS
HDFCBANKSmall Risk Trade
HDFCBANK Near support zones
CMP 1439
Buy with SL of 1420 on CLBS
Target 1520
