HDFCBANK Long OpportunityHDFCBANK made an all time high. We can see some significant profit booking coming in this stock. We are expecting the price to bounce out of the demand zone and continue moving higher
HDFCBANK trade ideas
HDFC Bank Update Traders are wondering how much further HDFC Bank can fall. Here's a potential reversal zone to watch:
📍 16,650 - 16,620
This level could act as a liquidity trap for sellers, sparking a short-term reversal.
⚠️ Stay cautious & trade wisely.
#HDFCBank #StockMarket #TradingTips #TechnicalAnalysis #ReversalZone #LiquidityTrap #IntradayTrading
HDFC Bank Positional Short Trade Setup!HDFC Bank daily candle closed below 10 and 50 MA. If HDFCbank break downtrending channel create fresh shorts positions around 1740, 1745, with stop - 1770, for target - 1680. (Time Frame 5-6 Day's)
Option and Database Trading A binary option is a type of options in which your profit/loss depends entirely on the outcome of a yes/no market proposition: a binary options trader will either make a fixed profit or a fixed loss.
An option chain is a comprehensive list that shows you all available option contracts for a given stock. These are sorted by their expiration date, which is the last day you can trade or use the option, and strike price, which is the price at which you can buy (call) or sell (put) the stock.
HDFC Bank may fall to 1600 levelHDFC bank is on the verge on going down, If you see that it has broken the long support and now its going down further, weekly chart shows further down trend.
Using the traditional analysis rather than Elliott waves to keep the things simple.
Disclaimer: I am not SEBI registered member, please do your own analysis and take a call. This posting is only for educational purpose.
Option chain in trading Option chain in trading
An option chain is a detailed list of all available option contracts for a specific stock, including their strike prices and expiration dates.
The Nifty Option Chain provides a listing of all the available options contracts for the Nifty 50 Index; including the strike prices, expiry dates, and the corresponding premiums. The list shows all call and put options that are available against a specific underlying.
Margin Concerns Weigh on HDFC Bank Shares, Down 2.2%◉ HDFC Bank's Quarterly Update
HDFC Bank, the largest constituent of the Nifty 50 index, has released its quarterly performance update, highlighting a notable divergence in deposit and loan growth. Specifically, the bank reported a 15.8% year-on-year increase in deposits, significantly outpacing the 3% year-on-year growth in loans.
◉ A Cloud of Uncertainty
Experts believe this gap could negatively impact the bank's net interest margin, possibly reducing its net profit.
◉ Investors Take a Step Back
This news caused a stir in the market, leading to a 2.2% drop in the share price yesterday (Jan 06).
◉ Technical Observations
● The stock price has fallen below its trendline support and is currently trending downward.
● A minor support is anticipated around ₹1,700.
● If the stock price drops below this level, the next support is projected to be close to ₹1,600.
HDFC Bank -1730 -1740 Last Support it will drag Bank nifty downTime Analysis shows there is a expected fall of further fall of 5% and it is also breaking below channel both shows falling in days ahead if crosses below 1730...Mostly bearish you can see big fall in bank nifty so beware of taking any long position
Relative Strength Index (RSI) IndicatorThe best RSI settings are typically a 14-period timeframe with 70 as the overbought level and 30 as the oversold level. These settings can be adjusted based on specific trading strategies.
The relative strength index (RSI) is an indicator used in technical analysis to determine overbought and oversold conditions, which provides traders with buy and sell signals (when to enter and exit positions). Values above 70 indicate overbought conditions and those below 30 indicate oversold conditions.
Low RSI levels, typically below 30 (red line), indicate oversold conditions—generating a potential buy signal. Conversely, high RSI levels, typically above 70 (green line), indicate overbought conditions—generating a potential sell signal.
Deep information for option trading When you trade options, you're essentially placing a bet on if a stock will decrease, increase or remain the same in value; how much it will deviate from its current price; and in what time those changes will occur. Based on those parameters, you can choose to enter into a contract to buy or sell a company's stock.
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HDFC Bank Ltd view for Intraday 6th Jan #HDFCBANK
HDFC Bank Ltd view for Intraday 6th Jan #HDFCBANK
Resistance 1765 Watching above 1767 for upside movement...
Support area 1740 Below 1750 ignoring upside momentum for intraday
Support 1740 Watching below 1737 or downside movement...
Resistance area 1765
Above 1750 ignoring downside move for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
HDFCBANK Long IdeaBiggest bank HDFCBANK is looking good for reversal from trendline in Weekly timeframe.
how to draw support & resistance Support: Draw a horizontal line along the most recent low or lows where price reversed or consolidated. This will mark the support zone. Resistance: Draw a horizontal line along the most recent high or highs where price reversed or faced rejection. This will mark the resistance zone
Support and resistance can be found in all charting time periods; daily, weekly, and monthly. Traders also find support and resistance in smaller time frames like one-minute and five-minute charts. But the longer the time period, the more significant the support or resistance.
RSI in trading The relative strength index (RSI) is a momentum indicator that measures recent price changes as it moves between 0 and 100. The RSI provides short-term buy and sell signals and is used to track the overbought and oversold levels of an asset.
It can signal when to buy and sell. Traditionally, an RSI reading of 70 or above indicates an overbought condition. A reading of 30 or below indicates an oversold condition. The RSI is one of the most popular technical indicators, and it is generally available on most trading platforms offered by online stock brokers.
HDFC sellers control Trend line and supertrend confirmation..
Broken trend lines upper line.
Super trend indicator also indicating sell
HDFCBANK LevelsAs of January 5, 2025, HDFC Bank Limited (HDFCBANK) is trading at ₹1,790.
For intraday traders focusing on 15-minute intervals, key support and resistance levels are:
Support Levels:
S1: ₹1,777
S2: ₹1,760
S3: ₹1,746
Resistance Levels:
R1: ₹1,807
R2: ₹1,821
R3: ₹1,838
These levels are derived from technical analyses and can guide intraday trading decisions.
Hdfc bank closed at support till 1725 not break uptrend continueDisclaimer -
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 Trailing SL (SL 30 % )retracement Which is SL points then take Entry on Buy or Sell Trade
SL -
D points Which is recent High / Low mentioned in Chart is our SL
TARGET -
Target 1- (T1 : 38.2)
Target 2- (T2 : 50 %)
Target 3- (T3 : 61.8%)
Target 4- (T4 : 78.6%)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
HDFCBANK // levelsAs of January 2, 2025, HDFC Bank Limited (NSE: HDFCBANK) is trading at ₹1,806.15.
Technical analysis indicates the following support and resistance levels:
Support Levels:
S1: ₹1,765
S2: ₹1,746
S3: ₹1,732
Resistance Levels:
R1: ₹1,797
R2: ₹1,812
R3: ₹1,830
These levels suggest that if the stock price falls below the immediate support at ₹1,765, it may find the next support at ₹1,746. Conversely, if the price rises above the immediate resistance at ₹1,797, it could encounter the next resistance at ₹1,812.
Additionally, the stock is testing support at ₹1,770. A downward breakthrough of this level could signal a negative trend.
Please note that stock prices are subject to market volatility, and it's advisable to consult financial advisors or use real-time trading platforms for the most current information.
HDFC BANK 15% UP?HDFC is on it's highest ever profit, revenue but the stock has been trading near these levels for the last 4.5-5 years.
Recently after, It's accumulation by MSCI Emerging Markets Index has breeched it's ATH.
The Stock might see a reversal from the prev. ATH.
Fib shows a great level to accumulate at CMP 1784, there might and should be a further pull back till 1720. The target according to the golden ratio is 2050.
Safe Investing!!
HDFC bank until 1725 not break uptrend continue levels on chart 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 Trailing SL (SL 27.2 % )retracement Which is SL points then take Entry on Buy or Sell Trade
SL -
D points Which is recent High / Low mentioned in Chart is our SL
TARGET -
Target 1- (T1 : 38.2)
Target 2- (T2 : 50 %)
Target 3- (T3 : 61.8%)
Target 4- (T4 : 78.6%)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
HDFCBANK Support and Resistance LevelsAs of January 1, 2025, HDFC Bank Limited (NSE: HDFCBANK) is trading at ₹1,773.42.
Support and Resistance Levels:
Daily Support Levels:
Support 1: ₹1,769.23
Support 2: ₹1,757.22
Support 3: ₹1,748.83
Daily Resistance Levels:
Resistance 1: ₹1,785.43
Resistance 2: ₹1,789.62
Resistance 3: ₹1,797.43
These levels are derived from pivot point calculations and are crucial for traders to monitor, as movements beyond these points may indicate potential changes in the stock's trend.
Option and database trading An option chain, sometimes referred to as an option matrix, is a fundamental tool in the world of options trading. It provides traders and investors with a comprehensive view of available options for a particular underlying asset, such as stocks, indices, or commodities.
The most successful options strategy for consistent income generation is the covered call strategy. An investor sells call options against shares of a stock already owned in their portfolio with covered calls. This allows them to collect premium income while holding the underlying investment.
PCR Part 1PCR is based on three simple steps required for any DNA synthesis reaction: (1) denaturation of the template into single strands; (2) annealing of primers to each original strand for new strand synthesis; and (3) extension of the new DNA strands from the primers.
Assembly PCR – longer DNA fragments are aplified by using overlapping primers. Asymmetric PCR – only one strand of the target DNA is amplified. In situ PCR – PCR that takes place in cells, or in fixed tissue on a slide.
