HDB trade ideas
HDFCBANK 4h levels (S/R)# we mark Support and Resistance on the charts so you can check..
When analyzing HDFC Bank on a 4-hour (4H) chart, you’re examining price movements over 4-hour intervals, which is useful for short- to medium-term trading and trend analysis. Here’s how you might interpret 4-hour levels and key aspects to look for:
1. Support and Resistance Levels
Support Levels: These are price points where HDFC Bank’s stock has historically had difficulty falling below. Look for previous lows or areas where buying pressure has emerged.
Resistance Levels: These are price points where the stock has had trouble moving above. Look for previous highs or areas where selling pressure has been significant.
HDFCBANK- SHORTFALL TARGET 1400
SHORT.. NEXT TARGET 1400-heavy selling on 30th Aug, 2024 big plan of operator to short.. in this
month you will see bigger waterfall .but again market will stable.
#SEE BANKNIFTY WATERFALL
HDFC BANK Levels // 2 HoursHello Everyone 👋
Overview:
HDFC Bank is one of India’s leading private sector banks.
It provides a wide range of banking and financial services, including retail banking, corporate banking, and treasury operations.
The bank was founded in 1994 and is headquartered in Mumbai, India.
Branches and ATMs:
You can find HDFC Bank branches and ATMs across India. Here are a few locations in New Delhi:
Connaught Place: 2nd Floor, 44 Regal Building, Connaught Place, New Delhi - 110001.
Barakhamba Road: Ground Floor, DCM Building, IOH Block, Barakhamba Road, New Delhi - 110001.
Gole Market: No. 6, No. 104 Baird Road, Block 90, Gole Market, New Delhi - 110001.
Connaught Circus: H-69, Outer Circle, Connaught Circus, New Delhi - 110001.
Kasturba Gandhi Marg: 209 to 214 & 26, Kailash Building, Kasturba Gandhi Marg, New Delhi - 110001.
Janpath: 72, Ved Mansion, Janpath, New Delhi - 110001.
Bengali Market: Shop No. 43 to 46, Plot No. 1, Ground Floor, Block No. 205/C, Bengali Market, New Delhi - 110001.
HDFCBANK Levels For Intraday or swing TradingChart Overview:
Current Price: ₹6,735.851.
Recent Performance:
1 day: -0.20%
5 days: +0.53%
1 month: +1.98%
6 months: +16.73%
Year to date: -4.06%
1 year: +4.82%
5 years: +45.74%
Support and Resistance Levels:
Pivot Points:
Resistance 1 (R1): ₹6,650.37
Resistance 2 (R2): ₹6,684.38
Resistance 3 (R3): ₹6,712.77
Pivot Point: ₹6,621.98
Support 1 (S1): ₹6,587.97
Support 2 (S2): ₹6,559.58
Support 3 (S3): ₹6,525.57
Fibonacci Pivot Points:
R1: ₹6,645.82
R2: ₹6,660.55
R3: ₹6,675.28
Prepare for HDFC Bank ExplosionHDFC Bank is setting up for an explosive move which could really propel Bank Nifty!
First swing Target would be 1825.
HDFCBank - Inventory Analysis using Market Profile - 14 Aug 2024Hope you all are well and HDFCBank is showing signs of inventory accumulated around 1600. In this video i am sharing my process, how i use TradingView's inbuild TPO - Market Profile and Volume Profile indicators to understand the inventory development and how smart money is accumulating their positions in this stock.
1600 is the line in sand and there are less transactions happening below 1600 - Question you should ask is why?
Price is nicely chopping in a 1 month range of 30 points
Below 1600 is where i am looking for responsive buying
Target 1 is 1650, followed by 1700 and the gap fill above 1700, and looking to acquire positions till 1500 in this stock.
This is a long term stock where Market Profile is helping me to understand how positions are being created based on the transactions that are happening.
Disclaimer : Please always do your own analysis or consult with your financial advisor before taking any kind of trades.
Dear traders, do not forget to hit like and follow me, and please do share your thoughts in below comment box, as your response will help me strengthen my market understanding.
Thank you.
Trading Idea : Buy HDFC BankHDFC Bank has broken out of a trendline or Cup & Handle pattern on the daily charts and is forming higher swing tops.
We recommend buying HDFC Bank in the 1660-1670 range, with a stop loss set below 1600 (on a closing basis) and a target of 1750 over the next 3-4 weeks.
HDFC Bank 1D Price Action BehaviorHDFC Bank chart, on 1 Day timeframe, shows a healthy uptrend with periods of consolidation and correction. The repeated base formations and subsequent upward moves suggest that the stock has strong support levels, and the resistance zone around 1650-1673 INR will be a key area to watch for determining the next direction of the trend.
The price is currently within the resistance zone, indicating a critical level where the traders might be watching for either a breakout or a reversal. If the stock breaks through this resistance, it could indicate a continuation of the uptrend. If not, it may consolidate or retrace to the support zone.
Long waited sideways getting ready for breakout - HDFCThe HDFC bank is expected to break 1800 mark by August month and further sharp upmove is expected in the upcoming trading sessions.
Looking at the long consolidation, once it breaks 1800 then it will be unstoppable.
Long term investors can focus
HDFCBANK Hourly Chart Suggest 15% upside coming soon.HDFCBANK Hourly Chart Suggest 15% upside coming soon.
Bottom formation is done & seems the trend is getting reversed on upside now forming CUP Pattern
LTP - 1656
SL - 1600
Target - 1900+
Timeframe - 3-4 Months
Happy Investing.
HDFC BANK Elliot wave based predictionsAs per Elliott WAVE theory if the HDFC bank is running impulsive WAVE 3 and then it is yet to form wave (v) of wave 3. For that it need to move higher than recent high of 1681 and as there is trendline resistance around 1687 so most likely HDFC bank will face lots of resistance in the range of 181-1700 and will come down a little bit in the form of WAVE ABC - impulsive WAVE 4. Post that if starts to create impulsive WAVE 5 then it will target LTH of 1760 and possibly can break it too, There it might again face lots of resistance and then can move to correction phase of WAVE ABC but as long as it remains above 1680 after completion of Elliot wave correction phase then it might restart a new Elliott WAVE but that we can only see post current Elliott wave is finished.
Long Term View :
If said happens then consider retracing back to 1680-1700 level from 1760+ area is retesting and post that HDFC bank can enter to long run for a longer time. But it if fails to hold the levels then it might come down 1 more time towards 1400 range.
* It is not a trade advise but technical analysis shared based on my understanding of patterns and personal experiences, please take any trade at your own risk.
** The waves must be seen on 1/2 minute chart which I can use to publish - minimum 15 min chart is allowed.
HDFCBANK 1 hour Levels for swing Traders #Option's Certainly! Here are the intraday trading levels for the HDFCBANK :
Intraday Trading Levels:
For intraday trading in HDFCBANK , consider the following levels:
Support & Resistance Trend Lines from Daily Chart: These trend lines provide important support and resistance levels.
Previous Day High (PDH) and Previous Day Low (PDL): These levels act as support and resistance during live market hours.
Remember that trading involves risks, and it’s essential to have a well-defined strategy and risk management plan.
NOTE
#This channel Purpose to share market ideas.
Thanks for Watching🙏
HDFC Bank for 29% gain in 1-2 year.Stock is consolidating from 3 year and available on October 2021 price, Cup with handle patter is forming .
it's having potential to give 29% return within 2 year time Frame.
Hdfc bank Wave prediction As per wave method, this stock will rise and fall in this month. Let's track it. This is for educational purposes only.
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HDFC Bank Ltd - Breakout OpportunityDate : 2-Aug-2024
LTP : Rs. 1,659.15
Next Resistances: (1) Rs. 1,721 --> (2) Rs. 1,794 --> (3) Rs. 1,921
SL : Rs. 1,532 on daily close basis
Technical View:
• NSE:HDFCBANK is in it's primary uptrend and was recently going through it's secondary downtrend.
• After touching the high of 1,794 on 3-Jul-2024, it has retraced 11% to 1,588.05 level.
• Post retracement NSE:HDFCBANK was going through accumulation phase and in last few sessions has given indication of starting a participation phase.
• On 26-Jul-2024, NSE:HDFCBANK has broke out from its secondary down trend with high volume.
• On 1-Aug-2024, NSE:HDFCBANK has closed above 21 DEMA and 20 DMA. Currently NSE:HDFCBANK is trading above 21 DEMA, 20 DMA and 50 DMA.
• RSI has entered buy zone on 1-Aug-2024 and currently trading at 58.16.
• MACD has given bullish cross over on 2-Aug-2024 and is trading at 1.09.
• Looking good to start a new swing from here.
Disclaimer : I am not a SEBI registered analyst/consultant and not recommending anyone to take any BUY or SELL position in stock market. Investing in stock market is risky and one should do a self analysis and validation before investing in stock market. My ideas are published for learning purpose only and are available to everyone at no cost/charge.
Hdfc Bank Swing Trade ideaHi friends today i am sharing a very simple and easy to understand idea on Hdfc bank and for this trade idea i choose three hour time frame chart so as you can see that price break a marked swing resistance from where price got rejected after first support bounce and made a swing high there but in second attempt price break that resistance and close above in yesterday's session so as long as the price sustains above this swing resistance there is every possibility that it will move from here to the marked gap area and break it and fill the entire gap and re-establish it's all time high too again for this trade below 1600 close seems a good support to me on similar time frame.
This is not a trading idea in any way but it can definitely help you guys to get a view about Hdfc bank and i hope you will like it. Have a Good Trading Day.
Best Regards- Amit
HDFC Bank (Educational Purpose)Hdfc Bank in consolidation Zone ..
Levels marked in the zones are self explanatory
