hdfc bank acending trangle pattern forminghdfc bank acending trangle pattern forming go for long if pattern are break in short term intraday
HDB/N trade ideas
HDFC BANK H&S PATTERNHDFC Bank form H&S pattern on daily chart, if break and sustain below 1658 it may test 1636,1616 soon
Bearish EngulfingA bearish engulfing pattern is a technical chart pattern that signals lower prices to come. The pattern consists of an up (white or green) candlestick followed by a large down (black or red) candlestick that eclipses or "engulfs" the smaller up candle. The pattern can be important because it shows sellers have overtaken the buyers and are pushing the price more aggressively down (down candle) than the buyers were able to push it up (up candle).
Script = HDFC Bank
Time Frame = 1 Day
HDFC BANKWaiting for a daily closing above 1725....
stock got rejected thrice from it... hope this time it will break it
HDFCBANKHDFCBANK:- Cup and handle pattern has formed, wait for breakout, plan something only after breakout, till then keep an eye
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
HDFC - Short TermHarmonic - Bearish Bat formation
Need to close above 1579 and sustain for 1 hr.
Tgts - 1590 - 1603 - 1612 - 1632
Elliot Wave - Currently in C wave of subordinate ABC wave of a larger B wave. Sharp correction once C is completed.
HDFC BANK TARGET 1787HDFC BANK is strongly bullish weekly in the upward channel.It sustains above in the day 1702 it will reach 1787
HDFCBANK is looking bullish as BNF looksNSE:HDFCBANK is looking strong and ready to show 1800 levels as it breaks out 1720 levels decisively. Banking sector is so much bullish these days.
HDFC BANK TARGETS based on current and fresh S/R LEVELSNSE:HDFCBANK can short hdfc bank till fresh support level and wait for it to be broken for further fall, best to book at fresh support and re enter short position once it gets retested as resistance , target can be last tested support area, avoid short if current resistance is broken.
Sell HDFC Bank HDFC Bank has reached monthly month resistance area once again and I do not think this bank will outperform in results....Its clear Sell in Bank Nifty and DFC Bank now
HDFC STOCK BIG BREAKOUT.Great BO with bullish candle now HDFC stock is consolidating for a while . This happens when expected for a big move calm before the storm. Stock is forming the flag pattern. Can take entry after the BO of the pattern with Good risk to reward trade.Keep the stock in your watch list. This is for your educational purpose only.
HDFC BANK case studyDemand zone as per previous swing low
CIP concept of price action
Support of ascending trend line..
HDFC ABNK CUP AND HADLE PATTERN HDFC BANK is creating bullish cup and handle like pattern in weekly chart. If it cross 1722 with bullish candle and good volume than it can gain more 450 point in long term horizon with target of 2172.
HDFCBANK - Weekly AnalysisIn the Weekly Chart of HDFCBANK ,
we can see that, it showed a very strong recovery in 2 weeks.
Let it retest this week.
Then we can enter with SL and Go Long for HDFCBANK.
Shooting StarA shooting star occurs after an advance and indicates the price could start falling.
The formation is bearish because the price tried to rise significantly during the day, but then the sellers took over and pushed the price back down toward the open.
Traders typically wait to see what the next candle (period) does following a shooting star . If the price declines during the next period they may sell or short.
If the price rises after a shooting star , the formation may have been a false signal or the candle is marking a potential resistance area around the price range of the candle.
Script = HDFC Bank
Time Frame = 15 min
hdfc bank strong buying from this level 1640 -1660 with tgt tgt of 1700/1720 upcoming days
stop loss below 1630
Impulse move in progress.Please go through my chart published earlier here
in trading view.
It is poised to take out recent high.
so far it had better chart than nifty and bank nifty.
Both are catching up now.
Next target of 1691 caan be reached soon.
please go through my earlier posts of hdfcbank.
Do connect with me by follwing and liking my posts.
Short Possible , high RR trade The scrip has formed aa CUP and as bank nifty is rear resistance so there is a high possibility that bank nifty may see some profit booking so expecting HDFCBANK to experience some down side move.
HDFC Bank `1520 or 1600HDFC Bank in clear down trend and is currnetly trading in rising channel any voilation below the channel 1550 will test 1520 levels there is a gap needs to fill also, if it holds the channel 1570 above it will continue upside to test 1575 to 1600 levels.
#HDFCbank Looking good for 27 mar 23#HDFCbank... ✅▶️
Intraday as well as swing trade
All levels given in charts ...
IF good potential seen then we work in options also
if activate then possible a huge movement Keep eye on this ...
We take trade only when it activates...
Possible to give good target
TRADING FACTS
Will it rally or succumb.Hdfc bank has much better chart than bank nifty or nifty.
In bank nifty after december 22 there are series of overlapping
of waves only pointing to corrective waves till now.
it is not sure whether correction has ended or not.
But in case of hdfc bank the impulsive rise is clearly visible after june 22.
It appears third 3rd of wave has been completed and there is expanded flat correction for 4 th of 3 rd wave.
This 4th of 3 rd wave seems to be completed.In lower time frame it is visible.
But unfortunately we can see there is h&s type of break down at the top whose neck line is already broken.and the
target of this break down if matterilizes may result in overlapping of waves here too 1 and 4 of wave 3 of 3rd wave.
Not in all h&s shoulder break down hits the target,
But it is a major of concern as this bank is a heavy weight componment of bank nifty.
Now hdfc bank has major role to play.
will it succumb to to the ungoing banking crisis though not in india.
We can observe hdfcbank nifty closely to gauge in which direction bank nifty is going to perform.
Connect with me by liking my post and follwing me.
Pleae go through my recent posts in trading view.
