Bullish on HDFC Bank! Long-term outlookHDFC Bank: Promising Long-Term Potential. Based on current trends, there's a possibility of reaching ₹2000 in the long term. Disclaimer : I cannot provide financial advice. These rewrites are for informational purposes only.Longby hardikchapla6
Hdfc Bank Date 05.07.2024 Hdfc Bank Time frame : Weekly Remarks: Look at strong resistance band at 1720, which stock is unable to close above since 2021 on weekly time frame. That gives us big hint that close above this zone on weekly time frame is big breakout, obviously with proper risk management. The internal resistance/support trendline worked beautifully & for future as well extend that to estimated next resistance zone. There's 50% zone marked for incase any retracement till there then we can try btst trade. Rsi also worked beautifully the breakout + overbought zone confluence helped in strong rejection. Regards, Ankur by AnkurSingh5
HDFC Bank Fails the breakout: Importance of Following DisciplineNSE:HDFCBANK has failed its breakout. This is why it is important to wait for confirmation/follow your discipline. Do not rush in trades. Always maintain stop loss and respect price.by jatin_agarwal0
HDFCBANK Channel breakoutHDFCBANK channel breakout !! It is retesting the breakout zone, SL below 1700 on closing basis.Longby bhargavramtsUpdated 4
HDFC bank breaking a major resistance Bank Nifty has underperformed this year compared to benchmark nifty largely due to NIM. Also it is expected that the RBI may cut rate before their US counterpart . In such a scenario HDFC is a good value bet plus it is about to test a major trendline giving an opportunity to make an ideal entry. However it may take a month or so to see some major moves. Upcoming gov. policy may also trigger big moves. Longby manishbalmuchuUpdated 7
HDFC Bank retesting the break out zone, looks bullish. The stock looks bullish as per the price action. There was a consolidation and a break out after a gap up opening creating a gap. It has retest the break out zone and the gap is filled. HDFC Bank has taken a good support from 1480-90 zone as there is a confluence of 200 ema, retest and fib retracement levels. Entry :- Above 1528 Possible Targets :- 1556, 1588 Swing/positional targets in the stock are even more. As the entry in the stock will be created the targets will be revised with trailing the SL/. Wait for the price action on the bullish side for the entry. by MambotradeUpdated 11
HDFC Bank - Bullish Flag chart patternBullish flag chart pattern has formed in HDFC Bank and also we have seen the breakout yesterday. During the flag formation, we have observe the volume is going down, indicating that the bullish trend will continue. Breakout of bullish with volume indicate a good sign and also RSI is above 60 so the momentum is also available. Levels are mentioned on chart, For target use measurement rule. Trail your SL is the key of saving capital along with profit is the good gesture of traders.Longby Arvind_Share_AcademyUpdated 112
Is HDFC Bank aiming to hit 2200+ in the coming months?Reason for going long on HDFC: Ichimoku: HDFC stock has been sideways for years but is slowly turning bullish after hitting strong Ichimoku cloud support at 1350. It is now crossing the Tenkan-sen (TS) and Kijun-sen (KS) on the monthly chart. Fibonacci + Fib Channel: When we draw the Fibonacci channel and Fibonacci extension of swings, it looks like HDFC is set to hit 2200 in the coming months. Buy on Dip: The current market price (CMP) is 1604. Any good dip near 1450-1520 presents a great buying opportunity for the long term. Disclaimer: We are not SEBI registered. The content presented here is based on our personal opinions. Conduct your own research and consult with a qualified financial advisor before making any investment decisions.Longby WaveMokuUpdated 1125
HDFC Bank: Has the bull run countdown begun? For the past four and a half years, the stock has been consolidating. The stock is clearly in the 5th wave. We now need to ascertain our current position within the fifth wave. It made several unsuccessful attempts to surpass the psychological threshold of 1700. The most recent attempt (wave AB) was unsuccessful once more. The way it plummeted to point C after that was really intriguing; it exactly matched wave C's personality. Thus, assuming the preceding analysis is accurate, minor wave 3 of major wave 5 has begun. Trading Strategy- Positional trades: buy on dips with a stop loss below 1350. We may aim for the target at 2200. Notice: This analysis is meant only as a teaching tool. Please speak with your financial advisor before making any decisions on investments. I will not be responsible for any loss incurred by harshit22Updated 9
Cup and handle breakout in hdfc bank after 3 yearsHdfc bank is consolidating in same range from 3 years but now it has given a clear breakout of cup and handle pattern . It may come for retesr near 1730 as it has also left gap near this level. As it has given breakout after long time and it is near 52 weak high it may quickly reach upto 2250 levelsLongby accurateDirect885259
3 parameters for Big HDFC Trade ---- :Textbook setup on big daddy 1)50-day moving average (MA) crosses above the 200-day MA from below, it’s known as a golden cross... Downtend to an uptrend... 2) Clean candle for the upside.......good volumes 2) FII lakuna inflow sheet --- HDFC US is more then 3% after this news as off 2/07/2024 Make the most out of this trade... Happy Trading...Longby rohannegi21123
HDFC bank tomorrow we can see 2-3% upmove ,1399 holding buy longWe are holding oong term buying from 1399 , tomorrow we can see 2-3 % upside move Disclaimer - 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 :- ENTRY - When price breaks 30% retracement Which is D points then take Entry on Buy or Sell Trade SL - SL is (-3%) Which is mentioned in Chart . our SL is just above or below of Recent high or Low . TARGET - Target 1- (T1 : 61.8 %) Target 2- (T2 : 88.6 %) Target 3- (T3 : 127.2 %) Target 4- (T4 : 161.8 %) Please note:- It's working on news based and volitile market very well so exit if SL hitby JaiPrakashShuklaHarmonicTrader110
Go long on HDFC Bank after break out of 1750!!!T1-1800 T2-1900 T3-2000 With in 3months Its only for Education purpose.Longby akarshakku0011
HDFCFlag and pole position BO Buy near 1700 Target- Open Good Setup in the making Longby neethaarun2343
Breakout in HDFC BankHDFC Bank(CMP 1696) is trading in a narrow range from 3 years. Above 1750 confirmation of a breakout. Bullish with target of 2300-2500 and Stoploss 1550Longby TradeFactoryIN1
HDFC BANKThe chart is self-explanatory and shared for educational purposes. HDFC BANK stock has broken its 200-150 moving average. Although there was a small correction from the 150 MA, it could have been a false breakout. Anticipating financial results and considering the trading pattern above the moving average, there is a high possibility for a long trade.Longby NK-PKUpdated 11
HDFC LONGIndia's biggest Private Bank - HDFC BANK showing a very good structure and breakout shown for upside. Can go LONG now by targeting 1700+. Possibility of going more in few years.Longby kamyatUpdated 2
HDFC BANK TAKING SUPPORT , READY TO REBOUND The stock has taken a crucial support at the 1364 levels and is expected to rebound strongly form here , moreover the stock has traded in a narrow range or a channel formation since january 2021 , it can give more than 26 % returns in no time , also there has not been and significant impact on the PAT which further enhances the reliability also the RSI LEVEL IS 31 WHICH SHOWS THE STOCK IS IN OVERSOLD ZONELongby keshavmaharaj958Updated 7
Shorting Oppurtunity for HDFC BankHDFC Bank travelled a long way from the bottom, It dont have any intention of breaking out the 1.38 Fibbo, There seems a strong resistance on the chart on these levels, especially Rs.1710 Range. Once this level is not breaking then, there will be a trace back till 0.38 Fibbo (i.e Rs.1550.Shortby gtchelvan2
HDFC BANK 1HRINTRADAY TRADE - EARN WITH ME DAILY 10K-20K – HDFC BANK Looking good for Downside.. When it break level 1701 and sustain.. it will go Downside... SELL @ 1701 Target 1st 1691 2ND 1685 HDFC BANK JUL FUT – LOT 6 (Qty-3300) MINIMUM 10L CAPITAL Enjoy trading traders.. Keep add this STOCK in your watch list.. Big Investor are welcome.. ANY QUESTION RELATED...ASK ME.. @TradingViewShortby Prashant019Updated 1
Technical analysis Vs Prafull Billore curse on Big DAdy Banks joined the party , just few weeks ago only so.it's high time for the BIg Daddy to move up , on the verge of breaking out on the positional levels, today it tried but come down in red but surely on weekly basis it will , but the Prafull Billore sir tweeted about market going more up.so.look for that too , Happy Trading Longby rohannegi21120
HDFCBANK Round Bottom forming in HDFCBANK with good volume .. Keep an eye on thisLongby devbisht54530