HDFC BANK analysishdfc bank crazy pattern its hdfc stock 15 min analysis crazy formation not to trade just for fun and one and only for creativity dont trade on the basis of the analysis do your own analysisLongby prashantvj6626
HDFC Bank - Buy with SL 0f 1429 Live Market Analysis Left shoulder has been made with head at 1435, now right shoulder is in the making. will take atleast 3 hours. Please use 144 EMA as marked on the chart. Buy only above it. Disclaimer: I am not a SEBI registered Analyst and it is only for eductional purposes only.by rekhi5670
HDFC Bank - How to trade today Hello friends, Please read the notes on the chart and these will be eye opener for you. Make it a bible and try to read at least once every day if you want to survive and gain something in the market. Gems are hidden in this analysis. Time to trade today between 3-19-24 9:51 AM 3-19-24 2:18 PM Let you grow. May! I follow you. Disclaimer: I am not a SEBI Registered Analyst and it is only for educational purposes. Please consult your financial advisor before making any decision. I will not be responsible for any of your profits or losses. by rekhi5674
HDFC BANK long and can be bullishSeeing the structure right now and the volume of last Friday, we might see a big move upside reversal. Longby ROBINKUMARHIMS0
HDFC bank tomorrow focus on it we will see 1.5 -2% upside move On Our Harmonic pattern indicator based trade setup take trade as explained below :- Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target , When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% .. Please note:- It's working on news based and volitile market very well so exit if SL hitby JaiPrakashShuklaHarmonicTrader2
HDFC BANK 18 March 2024 UpdateDisclaimers:- The information provided on this channel is strictly for Educational purposes only & is not to be an advice or recommendation of any kind whatsoever. Anyone who wishes to apply concepts & ideas contained in this channel takes full responsibility for their own actions. Viewer should always do their own due diligence on any information perceived from this channel, to form their own opinions & best judgements. The author accepts no liability for any damages arising directly or indirectly on account of any actions taken based on the information provided in this channel. I am not a SEBI registered.by StockViewWithDevUpdated 0
HDFC bank - 15 min Analysis buy only above 1460 - candle closinHDFC bank - 15 min Analysis buy only above 1460 - candle closing basis ( 15 min) Target 1480- 1499- 1520- 1550-1590-1650-1690+ SL below 1440 candle closing basis time frame 1-2 week holding Longby Bilal_Kazi0
HDFC BANK - 200 Week MA Hdfc Bank is making base near the 200 Week Moving Average. Historically , it always has reversed the 200 Week Moving Average 1380 to 1420 is a good demand zone for HDFC BANK Keep a watch at these levelsLongby archittaori14711
Short-term view on HDFC BANKHi Ashish this side a swing trader I have made video on HDFC BANK I request you kindly watch this video and Share your view about the Analysis.02:16by ashishsaksena6093
HDFC Bank - Live Market update Buy HDFC Bank above 1444. SL 1435. Target 1521 Disclaimer: I am not a SEBI Registered Analyst. It is only for educational purposes. Please consult your financial advisor before making any decision. I will not be responsible for any of your profits or losses.by rekhi567448
HDFCBANK TRADE 👑🤑💸💸💸💸Welcome To Trend Talk😊 According to predictive analytics, even if some of those people end up winning the jackpot, they would prefer spending all that money back into the slot machine. Isn’t it quite interesting? Q-Table of Contents Q-Trading Psychology Q-What is Greed? Q-What is Fear? Q-How to Manage Trade effectively? Q-What is Portfolio Management? Q-What is 2 percent rule? Q-What are Money Management Techniques? Q-Bottom Line Some studies show that many slot machine addicts wear adult diapers because they don’t want to get up even to answer the nature’s call. Fingers crossed. These machines were designed to exploit the variable reinforcement, which is inherent in human behavior. You may Google later. .............................................Trading Psychology............................................. Trading Psychology is defined as any response or action which generates a reward i.e. a person will be motivated to repeat a response if he or she gets a reward for the same. Humans crave predictability and struggle to find patterns, even in its absence. Variability is the brain’s cognitive nemesis and our minds make a deduction of cause and effect a priority over other functions like self-control and moderation. This is trading psychology Variable rewards induce addiction, it keeps our brains occupied. Learn Trading Psychology in just 2 hours from Market Experts Let me speculate a bit… According to Professor Sanjay Bakshi, short-term speculators are like butterflies jumping from one flower to the next because of the presence of a pleasure chemical called dopamine in our brains. The degree of pleasure is directly proportional to the amount of dopamine released. Novel experiences like bungee jumping or a one night stand deliver enormous amounts of dopamine to the brain. Another thing which delivers dopamine is unexpected, pleasant surprises. Day traders get a lot of small amount throughout the whole day. To your surprise, I want to tell you that a doctor will not be able to distinguish the MRI of brains of a trader who just had a winning trade and a cocaine addict. This is the trading psychology that a trader carries. You are free to do the experiment. As today is the first day of the remainder of our lives, so you and I, being a participant of the stock market, should take it seriously. Also Read: Basic Toolkit for Stock Market Beginners Thus, predicting that you will continue to read this article, I decide to proceed. I dug into the matter and found out that it really makes us blind. It persuades us and pushes us into the rat race, i.e. a vicious circle of two emotions “greed” and “fear”. There is an old saying on Wall Street that the market is driven by just two emotions which are greed and fear. These two intrinsic emotional states relate the word “uncertainty” to the stock market. Succumbing to these emotions can have an “utter and deleterious effect” on investors’ portfolios and the stock market. It’s always better not to advertise our ignorance. So, being a common man, I want to share some common “Gyan”. .............................................What is Greed?................................................... It is an inherent nature of human being to crave for more once he or she gets something. This is one of the essential part of trading psychology as well Please don’t feel alone as a victim, I am with you. It generates chemical rush through our brains and makes us bias by blocking our logical faculty in the brain. We get addicted to it. ................................................What is Fear?.................................................... An another form of trading psychology is Fear. It is normally characterized as an inconvenient, stressful situation etc. Also Read: 5 Strategies to Follow When Fear Runs High in Stock Market One of the most common examples that I can think of now is “Dot-com bubble”, many refer it as “Internet bubble”. It was created around internet start-up companies, which motivated investors to invest in businesses which had a “dot com” tag. They became greedy which in turn created further greed which resulted in an overpriced situation, giving birth to a bubble. For better understanding let me quote Investopedia’s definition of a bubble: “A bubble is an economic cycle characterized by a rapid escalation of asset prices followed by a contraction. It is created by a surge in asset prices unwarranted by the fundamentals of the asset and driven by exuberant market behavior. When no more investors are willing to buy at the elevated price, a massive selloff occurs, causing the bubble to deflate.” Please don’t get scared, I can understand that “Fear” is dominating your conscious mind. After the bubble crash, investors swiftly moved out and concentrated on less uncertain purchases. Believe me, the superfluity of information will drown your head in massive noise if you search Google about the role of greed and fear in the financial world. To avoid this complexity we can simply create a toolbox named “Risk management”. Though it is beyond the scope of this article to explain you this whole concept. A whole course can be developed based on it. ...................................How to Manage Trade effectively?........................................ As this article focuses on money management, my target is to create a basic understanding of it It is an integral part of risk management. A trader will not be able to survive for long without it. It deals with the question of survival. It increases the odds that the trader will survive to reach the long run. Many potentially successful systems or trading approaches have led to disaster because the trader applying the strategy lacked a method of controlling risk. It is better to stay on the shore instead of getting drowned in the vast ocean. Hope you agree. Thanks for nodding your head. A carpenter’s toolbox may make or break furniture. Likewise, a money management can make or break a trade. Assuming you to be familiar with the term portfolio management. If not, no problem. Go on reading… .......................................What is Portfolio Management?......................................... According to Investopedia “Portfolio management is the art and science of making decisions about investment mix and policy, matching investments to objectives, asset allocation for individuals and institutions, and balancing risk against performance. Portfolio management is all about determining strengths, weaknesses, opportunities, and threats in the choice of debt vs. equity, domestic vs. international, growth vs. safety, and many other trade-offs encountered in the attempt to maximize return at a given appetite for risk.” You don’t have to be a mathematician or understand portfolio theory to manage risk. Hence, keeping aside all complexities we will approach it here on a relatively simple level. Please take a deep breath and go through it… According to Larry Hite, a famous hedge fund manager, we should- Never bet our lifestyle – never risk a large chunk of your capital on a single trade, and Always know what the worst possible outcome is Let me share some general money management guidelines by John J Murphy. These guidelines refer primarily to futures trading– Total invested funds should be limited to 50% of total capital Total commitment in any one market should be limited to 10-15% of total equity The total amount risk in any one market should be limited to 5% of total equity The total margin in any market group should be limited to 20-25% of total equity ...........................................What is 2 percent rule?.............................................. 2 Percent rule suggest that never risk more than 2% of your capital on any one stock. Breakdown of 2 percent rule :- At first focus on your capital at risk, i.e. 2 % of your trading capital To get the maximum permissible risk you should deduct the cost on your buy and sell i.e. brokerage Calculate risk per share. To calculate risk per share case of long, you should subtract your stop loss from the buy price and keep a provision for slippage In case of short, you should reverse the process, i.e. subtract the buy price from the stop loss before adding slippage To arrive at the maximum number of shares, divide the maximum permissible risk by the risk per share There is a famous maxim, “More the sweat in training, less the blood in war.” Likewise, you should always “Plan your trade and then trade your plan.” Trying to win in the markets without a trading plan is like trying to build a house without blueprints – costly (and avoidable) mistakes are virtually inevitable. A trading plan simply requires combining a personal trading method with specific money management and trade entry rules. Krausz considers the absence of a trading plan as the root of all principal difficulties traders encounter in the markets. Driehaus stresses that a trading plan should reflect a personal core philosophy. He explains that without a core philosophy, you are not going to be able to hold on to your positions or stick with your trading plan during really difficult times. If you want to know more about money management and trading psychology you can enroll for NSE Academy Certified Technical Analysis. ................................What are Money Management Techniques?.................................. Maximum gains, not the number of wins Eckhardt explains that human nature does not operate to maximize gain but rather the chance of a gain. The problem with this is that it implies a lack of focus on the magnitudes of gains (and losses) – a flaw that leads to non-optimal performance results. Pull out Partial profits Pull a portion of winnings out of the market to prevent trading discipline from deteriorating into complacency. It is far too easy to rationalize overtrading ad procrastination in liquidating losing trades by saying, “Its only profits.” Profits withdrawn from an account are much more likely to be viewed as real money. ....................................................Risk control................................................... Minervini believes that one of the common mistakes made by novices is that they “spend too much time trying to discover great entry strategies and not enough time on money management”. Strictly follow the below mentioned steps – Stop-loss points Reducing the position Selecting low-risk positions Limiting the initial position size Diversification Short selling Hedged strategies Always remember that “you must be willing to accept a certain level of risk, or else you will never pull the trigger”. .............................................Risk/Reward ratio............................................. It is most often used as a measure for trading individual stocks. The optimal ratio differs widely among trading strategies. Normally, some trial and error are usually required to determine which ratio is best for a given trading strategy. Empirical study suggests that market strategists consider 1:3 to be the ideal risk/reward ratio Traders can manage it directly through the use of stop-loss orders and derivatives. According to one statistics, only 10 % of the people read past the first two paragraphs of this article. So, if you have read this far, I can say you are already ahead in the game. Not the game of who knows more, but the game where knowing few essential ideas go a long way in reducing errors and increasing the quality of your trade. After all, ideas are the currencies of the twenty-first century. Some people lose money because they feel they don’t deserve to win, but more people lose because they never perform the basic tasks necessary to become a winning trader. Questions must be crisscrossing your conscious mind… I don’t want to waste your time, hence, just a synopsis Develop a competent analytical methodology Extract a reasonable trading plan from this methodology Formulate rules for this plan that incorporate money management techniques Back-test the plan over a sufficiently long period Exercise self-management so that you adhere to the plan. The best plan in the world cannot work if you don’t act on it Let me quote Aristotle, “For the things we have to learn before we can do them, we learn by doing them.” Believe me, to digest the concept you need not require an IQ Level of more than 130 (as 95% of population scores between 70 and 130). Okay. Peace. I will explain. He meant that we need to practice what we have learned in various situations. These ideas and strategies do no good sitting inside our head like artifacts in a museum, for they need to be taken out and played with. .................................................Bottom Line:................................................... Some of the concepts mentioned here are the results of my speculation based on an article published by Safal Niveshak and books of Jack D. Schwager . There is a non-zero possibility that the above strategies and conclusions are flawed. Hence, instead of taking them at face value, please consider them as starting points to stimulate your own independent thought process. I sincerely thank you for going through this article. Feel free to post your suggestions and questions in the comment box below. ........x..........................x........................xx....................xx..............................x How do the MACD and RSI indicators differ? - The moving average convergence divergence (MACD) indicator and the relative strength index (RSI) are two popular momentum indicators used by technical analysts and day traders. While they both provide signals to traders, they operate differently. The primary difference lies in what each is designed to measure. ***********************************************KEY TAKEAWAYS*************************************************** -The MACD and RSI are both popular technical indicators that track price momentum of a stock or other security. -MACD is calculated by subtracting the 26-period EMA from the 12-period EMA, and triggers --technical signals when it crosses above (to buy) or below (to sell) its signal line. -The RSI compares bullish and bearish price momentum plotted against the graph of an asset's price, where signals are considered overbought when the indicator is above 70% and oversold when the indicator is below 30%. --------------------------------------------------------------------------------------------------------------------- ***********************************************RSI vs. MACD***************************************************** The RSI and MACD are both trend-following momentum indicators that show the relationship between two moving averages of a security’s price. The MACD is calculated by subtracting the 26-period EMA from the 12-period EMA. The result of that calculation is the MACD line. A nine-day EMA of the MACD called the "signal line," is then plotted on top of the MACD line, which can function as a trigger for buy and sell signals. Traders may buy the security when the MACD crosses above its signal line and sell, or short, the security when the MACD crosses below the signal line. --------------------------------------------------------------------------------------------------------------------- Q-What are the options strategies basic to advanced? -Beginners prefer trading strategies like long call, long put, short put, covered call, and protective put options. The advanced options trading strategies include short call, short straddle, short strangle, short combination, long straddle, long strangle, and long combination trading. Q- How to learn basic option trading? -You can get started trading options by opening an account, choosing to buy or sell puts or calls, and choosing an appropriate strike price and timeframe. Generally speaking, call buyers and put sellers profit when the underlying stock rises in value. Put buyers and call sellers profit when it falls. Q- Which option trading is best? -Straddle is considered one of the best Option Trading Strategies for Indian Market. A Long Straddle is possibly one of the easiest market-neutral trading strategies to execute. The direction of the market's movement after it has been applied has no bearing on profit and loss. Options Trading for Beginners Options are a form of derivative contract that gives buyers of the contracts (the option holders) the right (but not the obligation) to buy or sell a security at a chosen price at some point in the future. Option buyers are charged an amount called a premium by the sellers for such a right. Should market prices be unfavorable for option holders, they will let the option expire worthless and not exercise this right, ensuring that potential losses are not higher than the premium. On the other hand, if the market moves in the direction that makes this right more valuable, it makes use of it. Options are generally divided into "call" and "put" contracts. With a call option, the buyer of the contract purchases the right to buy the underlying asset in the future at a predetermined price, called exercise price or strike price. With a put option, the buyer acquires the right to sell the underlying asset in the future at the predetermined price. Let's take a look at some basic strategies that a beginner investor can use with calls or puts to limit their risk. The first two involve using options to place a direction bet with a limited downside if the bet goes wrong. The others involve hedging strategies laid on top of existing positions. How To Become a Professional Trader : Learn the trading basics. ... Learn the advanced basics. ... Develop trading systems and techniques. ... Gain trading experience. ... Consider paper trading. ... Choose a reliable broker. ... Learn to focus. ... Understand risk management. Understanding the basics of trading can help you gain entry-level knowledge in the field that you can refer to throughout your entire career. The basics of trading are factual, data-driven and processed-based pieces of information, but they may vary slightly depending on the source. This doesn't mean only one source is correct. Rather, multiple sources can help give you a range for understanding what's currently successful in the field. Trading basics may include: The amount of capital required to trade effectively The best markets in which to trade Best practices for monitoring trade performance Information about bidding and asking prices Order types and how to place them Risk management practices Trading hours01:31by TrendTalkUpdated 45
HDFC bank buy given at 1399, 1510 possible On Our Harmonic pattern indicator based trade setup take trade as explained below :- Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target , When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% .. Please note:- It's working on news based and volitile market very well so exit if SL hitby JaiPrakashShuklaHarmonicTrader0
HDFCBANK TRENDLINE BREAKOUTHdfcbank breaking resistance trendline with good volumebuilding up #target 1530 for now EDUCATIONAL IDEA Longby NeetikaSri7
HDFC Bank - update Buy HDFC Bank above 1425. Be watchful of this candle today 3-12-24 1:40 PM and have patience till first candle of 45 minutes. Target is very big. Disclaimer: I am not a Registered Analyst with SEBI and it is only for educational purposes. Please consult your financial advisor before making any decision. I will not be responsible for any of your profits or losses. by rekhi567115
HDFC BANK MAKING HEAD AND SHOULDER Hello Everyone, Mehul Prajapati here. HDFC Bank is making reverse head and shoulder pattern so if it breaks 1460 level than I think we get target of 1550 in next few days so keep eyes on it and make a entry after it breaks the level of 1460 and place the SL acording to you.by JayBhavaniTrading170
HDFC Bank - How to trade today I skipped to know that 8th of March was a trading holiday in India. Such things sometime change analysis drastically. 1444 is a magical figure for HDFC Bank, so long as it remains above it not to worry. At present support is at 1442.3. Do not hurry. Target is very big - 1420 should be SL and 1521 is the next immediate target. Anyways, Time candle for today is 3-11-24 11:03 AM Every thing else remains the same. Disclaimer: I am not a Registered Analyst with SEBI and it is only for educational purposes. Please consult your financial advisor before making any decision. I will not be responsible for any of your profits or losses. Let you grow. May! I follow you by rekhi5672
hdfc bullish batalready take support from 1358 and have 2nd support at 1305 strongly. consider every support level s1 (1358 ), s2 (1305) so the risk is low and the profit is high. this analysis is for learning purpose only. It is just a view, please trade at your own risk. I'm not SEBI registered adviserby johnjen20889
HDFC NSE:HDFCBANK Hdfc hold upper side zone if they break down this zone. Again selling pressure 1) hdfc bank 1460-70 is resistance level 2) support level 1420-10 Longby singhamandeep1050
Banking stocks strongWith nifty creating new highs every week, banking stocks might see good upmoves in the coming few weeks. In this video , I discuss few banking stocks setups which look to resume their uptrend . Cheers!Long04:04by piyushrawtani20
1711 target in HDFC within 6 monthsExpecting long rally in HDFC BANK. Expected target Rs1711 in next 6 monthLongby saishraddhatours2
HDFC BANK Is at Bullish ZoneDear All, HDFC BANK is At Sideways Zone and Ready for Breakout Soon.. Keep Watching and Eye on it. S1-1440 S2-1435 S3-1424 TG1-1470 TG2- 1480 I am not SEBI Registered . Please Accord your Capital And Your Risk Apetite. Longby AshutoshPratapSingh2
HDFC Bank - How to trade today It was a real crucial day for the stock and as per my live market analysis ended above 1444. It is good news for the retailers and investors of HDFC Bank showing intentions of the smart money to take it further up. Resistances have been marked on the chart. Please read the notes as mentioned on the chart and act accordingly. Now, Yesterday it created a doggy (indecisive) candle with High of 1451.05. Low of 1441.4. Ended marginally below 1446.25 3-8-24 12:03 PM is the time candle for today, buy above high of it and sell below. Disclaimer: I am not a SEBI Registered Analyst and it is only for educational purposes. Please consult your financial advisor before making any decision. I will not be responsible for any of your profits or losses. Let you grow. May! I follow you. by rekhi5675510
HDFC Bank - Live Market update Buy HDFC Bank above 1444. Disclaimer: I am not a SEBI Registered Analyst. It is only for educational purposes. Please consult your financial advisor before making any decision. I will not be responsible for any of your profits/losses.by rekhi5670