HDB trade ideas
HDFC Bank
It is bearish in 1H Chart now, because trading below 100 and 200 SMA. But may get bullish in the next trading day. Use combination of 3 and 30 SMA in 1 H chart.
Sell below and levels
1423 1404 1386 1367
Buy above and levels 1447 1452 1461 1480 1500 1519
Disclaimer: I am not a SEBI Registered analyst. Please consult your financial advisor before making any decision.
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HDFC - A beaten-down stock!This is not a fundamental or technical analysis.
This monthly chart of HDFC Bank shows that its a rare event for HDFC Bank to close below Ichimoku cloud top. Whenever HDFC Bank has happened in last 15 years, it has been followed with a few months of green candles.
Make your call. Buy or Hold!
Hdfc bank analysis in 15 min time frame.1460 is resistance if will be break and sustain on this label than price will go upside next resistance 1460 to 1500, if price break down side 1446.15 so price reach on support 1420 price label . market will open gap up and gap down watch price behaviour careful and take trade
HDFCBANK : Re-entry for about 1.25% of the net capital
I re-entered when the price retraced back to the low of the descending channel. From the current levels, a move of about 20% to the upper trendline of the higher time frame (HTF) parallel channel is expected. The current position size is about 1.25% of the net capital.
I will add to the position to sum up the total holding to 2.5% of the net capital if the price crashes to the lower trendline of the HTF parallel channel.
The current crash was mainly due to the results not meeting the street's expectations. But since there is no degrowth or any other factors affecting the long-term growth prospects of the company, this is just an overreaction by the market and will recover with time.
Previous posts regarding the same scrip is attached underneath.
HDFC Bank - Bullish Gartley / Failed ZEE / BlockBuster IREDADisclaimer:
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?
HDFC Bank: Bullish Relief in Sight
The stock has formed a bullish Gartley pattern with a Potential Reversal Zone (PRZ) at 1375-1390. This zone, backed by historical support, offers a glimmer of hope for bulls following the recent market downturn. For a continued bullish view, it's essential that HDFC Bank holds within the 1375-1390 range.
In simple words, It's important the stock stays in this range (1375-1390) for a good chance to go up. Be careful with your trades.
ZEE Entertainment: A Missed Bullish Trigger
ZEE Entertainment failed to surpass the critical levels of 250 & 300 as suggested & didn't go up as we hoped., which were essential for a bullish move. Consequently, we had to manually close this trading idea. It serves as a reminder of the market's unpredictability and the need for vigilant trigger level monitoring.
IREDA: A Stellar Run
IREDA's performance has been nothing short of spectacular, with consecutive Upper Circuits from the purchase zone of 110-112.50. Remarkably, the stock rallied from the 114-116 area to close at 169, hitting our projected target zone of 165-175. This success story provided an exhilarating experience for those who seized the opportunity, showcasing the rewards of timely and strategic trading.
As we navigate through these market dynamics, let's stay informed and strategic in our decisions. Here's to a fruitful week ahead in the markets!
From
WaveTalks
Market Whispers
🏦 HDFC Bank | Expanding Triangle Pattern | Long Term Bet | 💸HDFC Bank
HDFC Bank has formed Expanding Triangle on daily charts, stock already beated from its all time highs now trading at low risk zone (1400-1450).
Buy on dip this findamentally strong stock for good returns!
Recently LIC got approval for aquiring 9.99% stake in HDFC Bank thats a positive news for both the ferms
HDFC BANK Trade Setup Idea - HDFC BANK is currently trading 6.8% from my previous short analysis
- HDFC Bank can soon present a bullish scenario grab some orders and then flush out all the FOMO buyers
- IMO 1100-1250 is a very strong demand zone for HDFC bank
- HDFC bank can soon present an opportunity to bag it at cheap price
- I am still heavily bearish on HDFC
- Demand - 1180-1260, 700-850
- Supply - 1500-1600
NO COINCiDENcEThe last minute buying while going in a 3 day long weekend where market stay's consious, genrally avoid BTST buying, such +ive volumes in the end and astonishing aproval after the market shows it's
...........NO coincidence........................buy on monday, as it all started with a news ( Results ) let the dark vanish with a news as well( RBI aprooval to LIC for more stake in HDFC).....Make it a No Brainer....... 200DMA always a safe play, next tgt for HDFC....
HDFC BANK ViewDear Team ,
As of My point of view HDFC is a Good Stock for long term .. But for Swing Trading and Intraday .. The Channel Pattern is Created in HDFC Bank and When its Breakout or Breakdown .. Must Capturing a Good Point in HDFC Banks.. Please Trade at Your Own Risk I am not SEBI Registered .
Thanks
HDFCBANK : Likely to form a Symmetric Triangle PatternHDFC Bank is likely to form a Symmetric Triangle Pattern.
Wait for breakout from 1720 level.
#Current Price - 1535
#Expected Target - 2600
#Stoploss - 1650
Pattern is forming on weekly chart.
Disclaimer:
This idea is only for education purpose, Please consult your financial advisor.
I am not SEBI registered.
Please give a Like if you like.
HDFC bank 1390 Target hit sold at 1700 , wait for fresh trade 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 VALUE BUYNSE:HDFCBANK is taking a breather on its 200-weekly moving average – the go-to spot for top-notch stocks when they are feeling low. Good stock generally rest, refresh, recharge and come back with a vengeance from this level.
This is a special zone – also called the Iron Gate or the Citadel. Only twice in history has HDFC Bank hung out in this zone (2008, 2020). Check out the circled moments on the chart.
If you are in it for the long haul, this could be a great value-buying opportunity to pick a piece of India's banking giant.
Here's the scoop: chances are high (not guaranteed, though) that the stock is gearing up for a bounce from here.
Do consult your Financial Advisor before taking a jump!
#HappyInvesting