Trading in the range and looks bulishThe HDFC banking stock looks quite strong and with little push it can reach Last month high.
The overall chart of HDFC bank is on an upward trend.
The points are marked on the chart.
HDB trade ideas
HDFC Bank Looks BearishAs per Technical Analysis and OI data HDFCBANK Looks bearish if its break support of 1668-1665 level then we can see 1640,1620 level.
if anyone is ready to Take Position then i have identified 2 Entry Level in this.
1) Hedge Position.
Buy HDFCBANK Aug 1700 CE Near 34-35 and sell HDFCBANK Future below 1688, Stop loss 1705, target 1670,60,55
Investment Required - 48000
Maximum Loss - 6800
Profit Upto - 13000
2) Option call
Buy HDFCBANK 1650 PE near 17, SL 13, target 25,27,30
Investment - 9400
Maximum Loss - 2200
Profit Upto - 7150
HDFCBANK is at it’s LTHNSE:HDFCBANK sustains this level or shows a small retracement then it can show 1750 soon. And there is no limit on upside now.
HDFCBANK consolidating in a rangeNSE:HDFCBANK is consolidating in a range for sometime. Good for it. Getting ready for 1725 again.
HDFCBANK - Weekly AnalysisIn the Weekly Chart of HDFCBANK ,
we can see that, it has multiple rejections at 1720 levels.
Much of selling not coming in HDFCBANK .
Expected momentums are shown in chart.
HDFC Bank is extremely Bullish with Cup and HandleActually HDFC Bank results impact is yet to be seen in HDFC Bank share. very beautiful Cup and handle pattern in tact and waiting for huge spikes and higher targets.
Bullish after 1726 close Bullish …
Rocket launch after 1726
Don’t miss if weekly candle closings above 1726
Target 2200+
HDFCBANK Hourly chart CUP-Handle Pattern Formation - 10% upsideHDFCBANK Hourly chart CUP-Handle Pattern Formation - 10% upside possible in next 15 trading sessions.
LTP - 1675
SL - 1640
Targets - 1840+
Timeframe - 15-20 Trading session
Risk Reward Ratio - 1:5
Happy Investing.
BULLISH FLAG ON HDFC BANKBullish flag on Hdfc bank once flag got breakout Target of 1720 ++ 1740 ++ 1760
Breakot Failure repeatedly in HDFC BANKStock Name-HDFC BANK
As you see every impulsive wave has a correction of 71% Fib Level & when it try to Break the structure it falils to sustain above it & we see a Breakout Failure.
I try to learn the behaviour of price.
Hope you understand my point of view.
If you learn anything in this chart then please boost this post for more reach & also do comment if you have any doubt regarding this.
Intraday HDFCBANK Looks BearishAs per Intraday Trading Strategy HDFC BANK looks Bearish.
Sell HDFC BANK Near 1680, SL 1686, Target 1670,66
Only For Educational Purpose
HDFCBANK Hourly Chart shows Target of 1900 in 2/3 MonthsHDFCBANK Hourly Chart shows Target of 1900 in 2/3 Months
LTP - 1678
SL - 1620
Targets - 1740 / 1810 / 1900
Timeframe - 2/3 Months
HDFC BANK BREAKOUT ON MONTHLY CHART HDFC Bank has given a breakout on the monthly chart, and there are chances for more upside. This analysis looks at the technical indicators and the broader market conditions to assess the potential for further gains.
Analysis:
The monthly chart for HDFC Bank shows a clear breakout from a consolidation pattern that has been in place since 2020. The breakout was accompanied by a strong volume spike, which is a bullish sign. The price is now trading above the 200-day moving average, which is another bullish indicator.
The broader market conditions are also supportive of further gains for HDFC Bank. The Indian stock market is in a bull market, and the banking sector is one of the leading sectors. HDFC Bank is the largest bank in India, and it is well-positioned to benefit from the growth of the Indian economy.
Key Trends:
Breakout on monthly chart
Strong volume spike
Price above 200-day moving average
Bullish market conditions
Targets:
1725
1800
1900
Risks:
The market could correct in the short term.
HDFC Bank could report weak earnings.
There could be political or regulatory changes that could impact the banking sector.
Conclusion:
The technical indicators and the broader market conditions are supportive of further gains for HDFC Bank. However, there are some risks that investors should be aware of. Overall, HDFC Bank is a good stock to consider for investors who are looking for exposure to the Indian banking sector.
HDFC Bank (Neowave Forecast)Hi Everyone,
This is a chart of HDFC Bank and i also posted recently Bank nifty. Will add ICICI Bank, SBIN Bank which is a part of bank nifty which will help you in trade index more confidently.
Thank You.
HDFC BANKHDFC BANK has created cup and handle pattern in weekly chart since long time and facing resistance at 1722.
HDFC Bank - Bullish sentimentsThis is a continuation form the previous HDFC bank trade which have given an exceptional return.
Congratulations to all who followed.
So here it seems that HDFC Bank is following a channel & is in a continuous upward trend. Given the fundamentals & market scenario it should touch the last month high fairly quickly. Needless to say, there is a possibility of breaking down within the channel, most likely to the lows of last 2 months (either) and then bouncing back to ATH.
hdfcbank - buybuy from cmp to 1670
easy tg 1695
Disclaimer : This is my personal analysis for study purpose not intended for trading.
📈 Exciting Bullish Pattern Alert! 🐂📈 Exciting Bullish Pattern Alert! 🐂
📊 Pattern: Rising wedge
📌 Symbol/Asset: HDFC BANK
🔍 Description: Stock is at resistance of rising wedge
👉 Remember: Technical patterns are just one piece of the puzzle. Consider conducting further research, consulting with a financial advisor, and managing your risks appropriately.
HDFCBank Weekly Chart Suggest 20% upmove in next 6-8 MonthsHDFCBank Weekly Chart Suggest 20% upmove in next 6-8 Months.
CUP Pattern Breakout in progress on Weekly charts.
LTP - 1640
SL - 1540
Targets - 2000+
Timeframe - 6/8 Months
Every Dips can be used to accumulate the stock for Medium Term investment.
HDFC Bank on the verge of a Weekly breakoutIf HDFC bank is able to break weekly resistance levels of 1725, the targets of 0.618 & 1 on the extension side open up.
Corrective Phase to Begin for HDFC BankOn hourly chart HDFC Bank has completed impulsive phase, its corrective phase is to begin, we can expect the target of ~1650
Divergence on RSI is also visible
HDFCBANK - Weekly AnalysisIn the Weekly Chart of HDFCBANK ,
we can see that; after the failure of Cup & Handle, it has now reached the same level.
It might respect it once again and retest it next week.
Let it retest and then enter with SL and Target.
Expected momentum is shown in chart.
