HDFC bank ready for breakout Ascending triangle with double top breakout setup
Possible ATH breakout
RSI near 65 and rising
Trading above EMA50
HDFCBANK trade ideas
HDFC bank positional Target 1720 hit buying recommended at 1500On 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 hit
HDFC BANK 10/10/2023Hdfc bank is still bearish trend but 1569 above close one day candle it is turn in to bullish other ways it is going down so wait for angulf this 1569 zone then you can enter in this stock
HDFCBANK technical overview for 2024Hi every one
I analyse hdfcbank as per my view it is good stock
1690 stop lose postional trade or ce call
this is no advise or tips
pure my view you can consult your financial advisor
HDFC BANK make or break !!!HDFC BANK near resistance !!
major resistance at 1670-1690 this is 7th attempt to break it !!
if good volume break then rally continues or else
previous support at 1450 levels
waiting for a clean break to enter
Hdfc Bank Previous resistance is now new support hello dear traders
hdfc bank daily
1500 is previous resistance for hdfc bank
in aug 2022 to nov 2022
look like for now its turn in to a support
mkt take support many time at this 1500
so we can take long position at around between 1460 to 1500
with the stop loss of 1420
for the target of 1700
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HDFC Bank: Trading near resistance levelsHDFC Bank is looking good on weekly time frame. Stock is trading near resistance levels. Keep on radar for breakout. Can expect consolidation also as it has already given a good runup without any considerable correction in past 2 months.
Hdfc Bank Giant iS Ready To Move BiGHi Friends, Sharing weekly chart of Hdfc bank, as we can see that price sharing a support spot where both parallel channel and rising trendline adjoined, So two things can happen from here that price can break channel and rising trendline supports after we can see a downfall towards support below Or we can see a support bounce from here. I am sharing weekly chart one can use smaller timeframe for tracking this idea.
Levels Can Arrive Again-
Support Break- I measured channel height in which it consolidate is 9%, so we can see a 9% downside after support break coincidentally a horizontal support is also very well placed there. Good spot to cover short positions.
Support Bounce- After support bounce we can see again a 9% upmove from here and can reach again to the channel height and resistance sharing same spot. Good spot to unwind longs.
This is not and trade or investment advice. This idea is meant for learning only.
Best Regards happy trading- Amit
HDFC BANKAn Ascending Triangle in formation. Multiple attempts to break above @1715 were unsuccessful. With broader market in a bullish mode and interest shown in large cap stocks, I expect a breakout for an initial target of 2200.
The vertical distance from the ascending line to the breakout level is added to the breakout level for a target of 2200.
Hdfc bank long tradeHDFC BANK looking strong with SMALL S.L and decent target in intraday or 1 -2 days
One can wait till trend line if entered or re-enter at trendline retest
I am not sebi registered this my personal view.
HDFC BANK on the move HDFC Bank as per my analysis in previous post started moving you can expect target of 1950 or 2000 . it will come down a little bit you can buy on dips wait for moving average cross over of blue line crosses from below the red line you can expect spectacular move in a long RUN.
HDFC Bank (24 Dec 2023)For the past 2 years, the price has been unable to break through the resistance. However, recently, there has been a significant increase in volume.
HDFC FORMING INVERSE HEAD AND SHOULDER CAN REACH 2000The stock has formed an inverse head and shoulder pattern on the daily timeframe the right shoulder is in it's final phase and upon reaching at the 1722 will lead to completion of the pattern followed by a breakout TILL 2170
Important Weekly Intraday levels .NSE:HDFCBANK
Hello Folks ..!
I've marked all the expected important levels for the week.
I have marked these levels in two ways, one Horizontal and other in the form of trend channel.
Again, levels are too simple to understand, unless there is a major Gap up or down beyond these levels occur these levels will hopefully help you with your existing trading strategy and experience.
I will try to keep these levels up to date so keep an eye on this.
All the best Folks ! Hope you have a Profitable week.
hdfc bank looking strongHdfc bank looking strong for short term small targets or till all time high..
HDFCBANK : Booked a profit of 5.13% on the invested capitalThe price has reached crucial inflection levels, and concurrent with Bank Nifty also being at levels where sellers may opt to book profits, I made the decision to secure gains and transition to cash positions. I have booked a profit of approximately 5.13% on the invested capital. While I acknowledge the potential for a move of about 6% to the channel highs, I am comfortable adhering to my instincts.
I am open to a potential re-entry if the price retraces to the lower end of the channel. For additional context, please refer to the previous posts related to this position attached below.
Long Term investing setup for HDFC BANKThe idea is to setup the charts in such a way to co-relate the price action with respect to key financial indicators.
This is just an example, you can use set of indicators that you think are suitable to buy a stock or sell a stock if it is getting expensive.
HDFC BANK - Long until 1646 is broken
Put a stop loss at 1640 and stay long. 150 and then 300 points of upward movement is possible.
Disclaimer: I am not a SEBI Registered Analyst. Please consult your financial advisor before making any decision. I will not be responsible for any of your profits/losses. This is only for educational purposes.
Let you grow. May! I follow you.
HDFCBANK | Investment Pick📊 DETAILS
Sector: Bank - Private
Mkt Cap: 1,145,858 cr
The Housing Development Finance Corporation Limited (HDFC) was amongst the first to receive an 'in principle' approval from the Reserve Bank of India (RBI) to set up a bank in the private sector. HDFC Bank is a publicly held banking company, the bank was incorporated in August 1994 in the name of 'HDFC Bank Limited', with its registered office in Mumbai, India. It is engaged in providing a range of banking and financial services including retail banking, wholesale banking and treasury operations. It is promoted by HDFC Ltd. which has 19.32% stake as on September 30, 2020. Currently, HDFC Bank Ltd. (HBL) is the largest private sector bank in India.
TTM PE : 21.03 (Average PE)
Sector PE : 23.70
Beta : 1.12
📚 INSIGHTS
Mid-range performer
Stock with medium financial performance with average price momentum and valuation. These stocks may be affordable and are showing some investors interest.
14.10% away from 52 week high
Underperformer - HDFC Bank down by -2.04% v/s NIFTY 50 down by -0.29% in last 1 month
📈 FINANCIALS
Piotroski Score of 5/9 indicates Average Financials
Disclaimer: This analysis is for educational purposes only, and I'm not a SEBI registered analyst.
If you found this analysis helpful, I encourage you to like and share it. Your observations and comments are also welcomed below. Your support, likes, follows, and comments motivate me to consistently share valuable insights with you.
🔍 More Analysis & Trade Setups 🔍
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hdfcbank long after long consolidation on daily time frame
cup and handle pattern appear on chart
with good volume
Possible Cup & Handle pattern in HDFC BankHDFC bank share price has formed possible cup and handle pattern. If price decisively breaks above 1700-1710 levels with good volumes then it can cross all time high and go beyond ATH @1757 levels. Price has started trading above 0.62 fib retracement @1643 odd levels of its previous down move. Wait & watch on your list for price breaking out above 1700-1710 levels.
Targets should be 1838-1900.
HDFC LONG SETUPDear Traders
i am not SEBI registered this is for educational purpose Only ,
Entry can be planned when price retest 20 ema with bullish candle formation on DTF basis
Prior taking trade Pl consider your risk and reward
