HDFC BANK LTD. BSE:​HDFCBANK

HDFC BANK on the verge of a breakout...

SUPPORT ZONE

Target 1888 Stoploss 1838

It is been observed on the daily chart that the price action is forming lower highs and lower lows from Higher Highs and Higher lows, indicating a change in trend. It is further dip down and next support levels. Target 1- 1725 Target 2- 1700 SL - 1775

I know I exit from HDFC BANK Last week. But for some reason it still look like a long to me.....

HDFC Bank has been trading in a Channel, hourly time frame. With Stock falling again from the top of the channel, looks like stock will slowly move towards 1630. One can short at current levels with stop at 1665 for a target of 1630.

RSI broke the trendline.Price will move up

what i think that every time the stock tries to come down bull knocks the bears out of the market.but if there is any bearish engulfing pattern or you can go long if stock shows some bullishness. but i clearly se it it is making support at MA

Even if this uptrend is a corrective one, profits will be made on the long side till 1270-80.

HDFCBank might have completed its correction at 1224 (end of 5th downwave). New uptrend quite possible, may go for double top at 1320 coinciding with Nifty's DT at 8980-9000 & Bank Nifty's 20600. Let's see. Today's closing should be above 1240 (89 DMA) making hammer on daily charts & with upside tomorrow resulting double hammer on weekly charts. Long positions ...

I had taken the short position based on Head and Shoulder pattern couple of days back. Need Advise if the charting was correct or it was just a luck

After trending channel breakout, the price action has got into expanding triangle. It shall breaks down towards previous resistance area and confirm it with new support levels. Target: 1205-1200 SL: 1250