HDFC BANK case studyDemand zone as per previous swing low CIP concept of price action Support of ascending trend line..Longby RUDRA007Updated 5
HDFC ABNK CUP AND HADLE PATTERN HDFC BANK is creating bullish cup and handle like pattern in weekly chart. If it cross 1722 with bullish candle and good volume than it can gain more 450 point in long term horizon with target of 2172.Longby parmarg015
HDFCBANK - Weekly AnalysisIn the Weekly Chart of HDFCBANK , we can see that, it showed a very strong recovery in 2 weeks. Let it retest this week. Then we can enter with SL and Go Long for HDFCBANK.Longby JatinManani3
Shooting StarA shooting star occurs after an advance and indicates the price could start falling. The formation is bearish because the price tried to rise significantly during the day, but then the sellers took over and pushed the price back down toward the open. Traders typically wait to see what the next candle (period) does following a shooting star . If the price declines during the next period they may sell or short. If the price rises after a shooting star , the formation may have been a false signal or the candle is marking a potential resistance area around the price range of the candle. Script = HDFC Bank Time Frame = 15 min Shortby Jainshashwat0
hdfc bank strong buying from this level 1640 -1660 with tgt tgt of 1700/1720 upcoming days stop loss below 1630 Longby Charttechtrading1
Impulse move in progress.Please go through my chart published earlier here in trading view. It is poised to take out recent high. so far it had better chart than nifty and bank nifty. Both are catching up now. Next target of 1691 caan be reached soon. please go through my earlier posts of hdfcbank. Do connect with me by follwing and liking my posts.Longby bijoy25265
Short Possible , high RR trade The scrip has formed aa CUP and as bank nifty is rear resistance so there is a high possibility that bank nifty may see some profit booking so expecting HDFCBANK to experience some down side move.Shortby TheStocktrader_Skn4
HDFC Bank `1520 or 1600HDFC Bank in clear down trend and is currnetly trading in rising channel any voilation below the channel 1550 will test 1520 levels there is a gap needs to fill also, if it holds the channel 1570 above it will continue upside to test 1575 to 1600 levels. by rakeshreddymUpdated 4
#HDFCbank Looking good for 27 mar 23#HDFCbank... ✅▶️ Intraday as well as swing trade All levels given in charts ... IF good potential seen then we work in options also if activate then possible a huge movement Keep eye on this ... We take trade only when it activates... Possible to give good target TRADING FACTSLongby trading_facts960
Will it rally or succumb.Hdfc bank has much better chart than bank nifty or nifty. In bank nifty after december 22 there are series of overlapping of waves only pointing to corrective waves till now. it is not sure whether correction has ended or not. But in case of hdfc bank the impulsive rise is clearly visible after june 22. It appears third 3rd of wave has been completed and there is expanded flat correction for 4 th of 3 rd wave. This 4th of 3 rd wave seems to be completed.In lower time frame it is visible. But unfortunately we can see there is h&s type of break down at the top whose neck line is already broken.and the target of this break down if matterilizes may result in overlapping of waves here too 1 and 4 of wave 3 of 3rd wave. Not in all h&s shoulder break down hits the target, But it is a major of concern as this bank is a heavy weight componment of bank nifty. Now hdfc bank has major role to play. will it succumb to to the ungoing banking crisis though not in india. We can observe hdfcbank nifty closely to gauge in which direction bank nifty is going to perform. Connect with me by liking my post and follwing me. Pleae go through my recent posts in trading view. by bijoy2526Updated 10
HDFCBANK 1D (20 MARCH 2023)NSE:HDFCBANK Hello traders discussion of hdfc bank 1d timeframe. If it takes support from 1535 level then next target will be 1698.70 which is the fib 38 %.if its difficult to take support from 1535 then downside move till 1485.35 level.by Trader_jagutiger6
HDFC Bank has formed HNS patternIMO, we can see a correction of approx 8/5 in HDFC bank in coming days if the price remains below 1635.Shortby Ali_Haider786112
Possible breakout. Long way to go.Possible breakout. Target levels are as mentioned in the chart. 1500 is poc. Final target 1700.Longby ganybhatUpdated 3
Bullish out lookit apears its fresh impulse wave is in preogress. and third of first wave is in progress, it may be completed in the region of 1723 to 1819. The chart is self explanatory.it is now trading sideways waiting for a break out. don't forget to like this post. follow me to get up datesby bijoy2526Updated 2210
HDFC Bank: Is it in a downtrend?Technical Analysis: Note on HDFC Bank chart: 1. Over the past 5 months, HDFC Bank's price has been moving within a certain range. 2. Currently, the price is hovering around its support level, but is trading below its 20-day moving average. While there are several support levels, all of them seem weak at the moment. 3. The 1500 level appears to be a strong support level, as it has high open interest. 4. On the other hand, 1600 is a strong resistance level that is currently holding up well. Traders should keep an eye on these levels, as they could provide important signals for the direction of the stock's movement in the near future.by DevabratAcharya9
THIS IS HDFC BANKHDFC First High @1724.30 on 04APRIL22 HDFC Second High @1702.00 on 24JAN23 I can see three possibility. 1. Price will go up near @1702.00 and breakout! or a Rejection. 2. Market will mitigate the box and down that means SHORT. 3. MAYBE NEW HIGH BETWEEN @1724.30 & @1702.00 CORRECT ME IF I'M WRONG!!!by VIJETEJBHIMRAOTAMBARE222
Cash flow statement or Three great riversToday we're going to start taking apart the third and final report that the company publishes each quarter and year - it's Cash flow statement. Remember, when we studied the balance sheet , we learned that one of the company's assets is cash in accounts. This is a very important asset because if the company doesn't have money in the account, it can't buy raw materials, pay employees' salaries, etc. What, in general, is a "company" in the eyes of an accountant? These are assets that have been purchased on credit or with equity, for the purpose of earning a net income for its shareholders or investing that income in further growth. That is, the source of cash in a company's account may be profits . But why do I say "may be"? The point is that it's possible to have a situation where profits are positive on the income statement, but there is no money physically in the account. To make sense of this, let's remember the workshop I use in all the examples. Suppose our master sold all of his boots on credit. That is, he was promised payment, but later. He ended up with a receivable in assets and, most interestingly, generated revenue. The accountant will calculate the revenue for these sales, despite the fact that the shop hasn't actually received the money yet. Then the accountant will deduct the expenses from the revenue, and the result will be a profit. But there is zero money in the account. So what should our master do? The orders are coming in, but there is nothing to pay for the raw materials. In such circumstances, while the master is waiting for the repayment of debts from customers, he himself borrows from the bank to top up his current account with money. Now let us make his situation more complicated. Let us assume that the money borrowed he still does not have enough, and the bank does not give more. The only thing left is to sell some of his property, that is, some of his assets. Remember, when we took apart the assets of the workshop , the master had shares in an oil company. This is something he could sell without hurting the production process. Then there is enough money in the checking account to produce boots uninterrupted. Of course, this is a wildly exaggerated example, since more often than not, profits are money, after all, and not the virtual records of an accountant. Nevertheless, I gave this example to make it clear that cash in the account and profit are related, but still different concepts. So what does the cash flow statement show? Let's engage our imagination again. Imagine a lake with three rivers flowing into it on the left and three rivers flowing out on the right. That is, on one side the lake feeds on water, and on the other side it gives it away. So the asset called "cash" on the balance sheet is the lake. And the amount of cash is the amount of water in that lake. Let's now name the three rivers that feed our lake. Let's call the first river the operating cash flow . When we receive the money from product sales, the lake is filled with water from the first river. The second river on the left is called the financial cash flow . This is when we receive financing from outside, or, to put it simply, we borrow. Since this is money received into the company's account, it also fills our lake. The third river let's call investment cash flow . This is the flow of money we get from the sale of the company's non-current assets. In the example with the master, these were assets in the form of oil company stock. Their sale led to the replenishment of our notional money lake. So we have a lake of money, which is filled thanks to three flows: operational, financial, and investment. That sounds great, but our lake is not only getting bigger, but it's also getting smaller through the three outgoing flows. I'll tell you about that in my next post. See you soon!Editors' picksEducationby Be_Capy8844
HDFC BANK1610 Resistance 1599 support hdfc not move huge point other Banking component work better for NIFTYBANK let see OkhShortby vk4473762
Hdfc BankPrice is at the trend deciding level. To be bullish price have to sustain the zone 1610 - 1630. Bearish below 1580 with the stop loss of 1620 for the targets 1540, 1500 and 1450. Bullish above 1650 with the stop loss of 1610 for the targets 1690, 1720 and 1760.by vanathi3322
HDFC BANK SELL!!!!Sell HDFC BANK Target:1512 SL:1635 As per CHART ANALYSIS it forms double top with significant increase in volume it signs of weakness in CHART.Shortby ranjangowda1776334
HDFC BANK 1588 demand zone buy HDFC BANK 1588 demand zone buy see the levels and buying by anuragzende27066
HDFCBANKhovering near demand zone, looks weak from here . take short position from here . for the target of 1580. with sl of 1600Shortby Kapildsrawat1