HDFC Bank: TK CrossoverIchimoku cloud braekout (T/K Crossover):
BUY above 1680.
SL: 1668.
T: 1690/1696.
HDFCBANK trade ideas
Potential Range BreakoutAnother very simple technical analysis which works wonders in the markets.
We have heard of BREAKOUTS. It could be upside or downside. It could be a breakout of any zone, consolidation, range, trendline, any indicator or anything. The Important thing is that a breakout BREAKS OFF an Important Level in the market. There can be many indications when there can be a potential breakout, out of which one is a simple CONSOLIDATION around the Zone.
CONSOLIDATION is a PRICE ACTION which says that buyers and sellers are accumulating in a tight range and obviously one has to win after a tussle, so whosoever wins will take the price with him. Now in case of a Resistance or Support if the price is consolidating near its resistance and support and attracting to it multiple times (in this case the Price is going to its resistance 4th time), it becomes weak and it may mean that it is continuously trying to break that level . And if it fails to do so it will again come back into its range.
ENTRY can be made at the same price i.e 1657 for aggressive trading or whenever it gives a closing out of the Consolidation zone in weekly candle.
STOPLOSS - If it gives closing below the consolidation zone.(However Closing below this zone will also give an opportunity to go short)
Reward/Profit - It can be projected by plotting the same price range upside the resistance as it was trading before. In this case it shows a target of Rupees 2000.
**Market is a game of probability, No-one is 100% right here, no one needs to be, to become profitable. The ultimate goal is to make money and to trade taking only calculated losses.
Hdfc Bank Intraday Hdfc bank Intraday Trading Setup. Stock facing continuous resistance. Downside Blue TL Support.
HDFCBANK Bearish short term - 1500HDFC Bank forecasting
On weekly chart there is distribution coming in from higher levels and stochastic showing bearish divergence.
For short term the stock may be in bearish range and can reach target of 1500
On weekly chart once the cup and handle pattern completes close to 1500 level.
The long term target for the stock is 1800-1900
HDFC BANK LONG TRADEHdfc bank long trade for 10/02/2023 retest and pull back again on 1 hr timeframe
HDFC BANK* 15MOn 15M Timeframe HDFC BANK looking week. Triple top + Trendline rejection. (Trade on your own analysis).
HDFC Bank Weak Below 1648-46 Intraday Level HDFC Bank Intraday Level
If HDFC bank Go below 1648-46 then We can see panic selling in Bank Nifty Let see
BankNifty: Individual Constitutent Price-Action AnalysisNSE:BANKNIFTY Individual Constitutent Price-Action Analysis
Methodology : Ichimoku trading systems, TF: Daily
#AUBANK: Downtrend, 635 is immediate resistance
#AXISBANK: Downtrend, 901 is immediate resistance
#BANDHANBNK: Downtrend, 243 is immediate resistance
#BANKBARODA: Downtrend, 168 is immediate resistance
#FEDERALBNK: Price just crossed the cloud, about to turn upswing. Still other confirmation needed (TK cross over needed). Rigtht now resistance: 136
#HDFCBANK: Uptrend. All indications are bullish, support at 1630.
#ICICIBANK: Downtrend. 880 is immediate resistance
#IDFCFIRSTB: Interesting, a T-K crossover is forming, price above cloud. Other confirmations are awaiting (leading and lagging spans).
#INDISINDBK: Downtrend. 1133 is immediate resistance.
#KOTAKBANK: Downtrend. 1805 is immediate resistance.
#PBN: Sideways. Price is inside the cloud - no trading zone.
#SBIN: Downtrend. Immediate resistance at 560.
In a nutshell: Other than #HDFCBANK all are, technically, in downswing. #IDFCFIRSTB is the most interesting to watch for a breakout.
HDFC Bank ShortHDFC Bank has completed ABC pattern on upside and now is making corrective ABC of previous ABC. We can see on the chart it has completed a & b of lower degree of ABC and may go down side to make c and complete the ABC pattern of lower degree..... So it can move towards 1365 levels from here if it doesn't breaks 1703 and goes below 1540...
IS HDFC BANK READY FOR BREAKOUT??Trade Wisely. We Can Just Predict.
Disclaimer: I am not a SEBI registered advisor , so before entering on my view please ask your SEBI Registered Advisor . Profit is your and loss is your.
HDFC BANKRisk disclosure:
We are not SEBI REGISTERED analysts.
Views expressed here are for our record purposes only.
Please consult your personal financial advisor before investing.
I am not responsible for your profits or losses what so ever.
HDFCBANKSELL HDFCBANK 1601.50 sl 1608 tgt 1585 / 1570
sell till budget don't be hawkish for bank's and nbfc
HDFCBANK Head & ShouldersHDFCBANK has formed head & shoulders pattern on the Daily chart with 1590 as the base. The stock has broken down from 1590 base on 10 Jan.
If the breakdown continues, we can go short with the measured move target of 1508.
bullish falling wedgebullish falling wedge is bullish pattern .
in this pattern market is move to upward.
this pattern is becoming a 15 minute charter in HDCF BANK.
Portfolio StockStock that looks Good to add to the PORTFOLIO at Support of 1540.
Disclaimer: This is shared in the interest of educational purposes and for knowledge enhancement. Kindly refer to it in the same light. I am not responsible for any profits or losses incurred based on this information.
HDFC Bank SMC Patterns Short Opportunity --------------------------------------DISCLIMER--------------------------------------------------
* All the information shared in this chart is provided for strictly educational purposes only.
* This chart is sharing information are based on the theory of technical analysis .
* This is not an offer to buy or sell stocks, futures , options, commodity, forex, interests or any other trading security.
* Back test yourself before jump into live market consult your financial adviser and use proper risk management.
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HDFC Bank Level's
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4Hr TF Double top with Rejection Candle
Resistance-- 1665/16670
(Target) Support -- 1648/1633/1608/1586
Trade : Sell at 1665 SL 1672 ( 7-8 Points SL)
Target will be : T1- 1648 / T2 - 1633 / T3 - 1608 / T4 - 1586
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We are not a financial advisor and you should not construe any information discussed herein to constitute investment advice
This only for study purpose.
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Trading Cafe 24
HDFCBANK IN TREND-LESS SIDEWAYS RANGEHDFCBANK has been in a Megaphone trend-less sideways range for the last about two-and-half months. A breakout either side can see some some sharp move.
Only personal analysis. No recommendation.
bullish on HDFC Bank RS positive
RSi good
Great volume
long term positive
strong on weekly, monthly, 3 month and yearly
