HDFC bankTime frame - 3 month chart
HDFC bank following the channel from more than 20 years.
Right now near the bottom of channel
Also 1710-1720 resistance zone.
Not able to break this zone in 3 attempts.
H1DB34 trade ideas
HDFC BANK Next target 1625As per the DAY CHART OF HDFC Bank and two Red candle under day chart, next level to be watched is around 1625 to 1630 before any Retracement or bounce in the stock
HDFCBANK seems running towards 1630 levelsNSE:HDFCBANK does not look good to me. It has broken a good level and now running towards 1630.
Selling in HDFCBANKBearish wolf way in progress
it may get support 1620 and below that 1550-1530
View negated above 1705
HDFC bank to take longHDFC is to take long above 1688 for the next target of 1730-1750 with a small SL 1660. Good risk to reward trade. This is for your educational purpose only.
HDFCBANK 1780 Targets coming in next 5-8 daysHDFCBANK 1780 Targets coming in next 5-8 days.
HDFC Hourly Chart shows Bullish pattern with 4% upside in next 5/8 days time frame.
Expecting Gap up opening on Wednesday 26th July & uptrend to continue.
LTP - 1696
SL - 1675
Targets - 1780
Timeframe - 5-8 Days.
Happy Investing.
HDFC Bank Looks Promising HDFC Bank is yet to perform compared to NIFTY in the last 3 years.
Fundamentals aren't yet reflected in the stock price. Revenue, Profits have grown multifold in the last 3 years.
Good Stock of Price going up in coming quarters.
HDFC Bank near to BOUpper levels have be tested many times and the consolidation on the top levels awaits a BO with good volumes .
Closing above the resistance or traingular BO can give good moves
HDFC Bank - on its next strong waveHDFC Bank is preparing itself for a major breakout of previous failed breakout of resistance. Near term target of 1774 (CMP 1681) in 15 days (5.5% gain) and 2089 (24% gain) by 20 Jun 2023. The recent results were decent. Institutions are accumulating at around 1600 levels to ride the next big wave which is underway with increasing momentum and high volumes. Single ticks volume data suggesting that banks are accumulating big long positions in stock. Its a tactics to spread rumours in market that the results are bad, if you deep dive into financials, its better than expected. Expenses of new branches loaded, which are negative contribution earners in first year, and yet the EPS estimates are almost flat. Impressive! without those preliminary expenses, the profits would have been higher. Further, merger of HDFC and Bank would create a very strong mammoth offering synergies of scale, economies of scale and cross selling resulting into a stronger and more valuable entity.
Positive outlook is confirmed by detailed Elliott Wave Analysis, Technical Indicators and Fundamentals.
It might look contrarion approach, but I am bullish on the counter!
HDFC Bank LtdMajor points of HDFC Bank.
Disclaimer: Only for eductaion purpose, do own research before investing in stock market.
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.
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.
