Breakdown of trendlineIn HDFC bank Chart, Support of trendline was broken on 4th March'20 but before it on 14th Feb'20, 5 EMA negatively crossed over 13 EMA and gave early warning of breakdown.
HDFA trade ideas
HDFC BANK GANN ANALYSIS FOR JUNE 2024 MONTHLY EXPIRY HDFC Bank carries the highest weightage of 11.60% in the Nifty 50 index. It has proven its worth by creating wealth in the past and is being held in the portfolios of investors and mutual funds also. Recently it is underperforming in the banking index. All time high made was in July 2023 at 1757.50. Another lower high was made in Dec 2023 at 1721.40. The level of 1760 is important for it and needs to be crossed for further growth. Momentum can be seen in it if it crosses the level of 1830 in future.
Trend decider level for it is 1515. Momentum on either side can be sen at levels of 1597 and 1433. Extended range for the monthly expiry can be seen at 1699 and 1331.
Happy Trading !!!
HDFC ANALYSIS Stock is trading in channel pattern. Now stock touch the support line and forming higher high.
While being conservative (retracement) trader. We need considered three things.
1. After break the resistance and stock would touch the previous resistance line to conclude
whether resistance act as support.
2. Price should be discount price. ( To check we using Fibonacci tools).
3. Stock should have imbalance or fair value gap. Because stock would come again and fill the gap.
This stock meet all the above criteria.
Entry : 1470 to 1480
Target : 1650 to 1700
Note : But beware stock will be more volatile because of election result.
I am not sebi register advisor. I am sharing for education purpose only.
HDFC ANALYSIS Stock is trading in channel pattern. Now stock touch the support line and forming higher high.
While being conservative (retracement) trader. We need considered three things.
1. After break the resistance and stock would touch the previous resistance line to conclude
whether resistance act as support.
2. Price should be discount price. ( To check we using Fibonacci tools).
3. Stock should have imbalance or fair value gap. Because stock would come again and fill the gap.
This stock meet all the above criteria.
Entry : 1470 to 1480
Target : 1650 to 1700
Note : But beware stock will be more volatile because of election result.
I am not sebi register advisor. I am sharing for education purpose only.
HDFC BANKI Observed these Levels based on price action and Demand & Supply which is My Own Concept Called "PENDAM CONCEPTS" ... Please Don't Take any trades based on this chart/Post...because this chart is for educational purpose only not for Buy or Sell Recommendation.. Thank Q
14% upside on Big DddyThe sleeping Gaint is waking up gradually , the one who can push both incidxes single handedly, it's time after 2 years --1549 First Resistence --1598 or 1600 second , Stay in the game and enhoy the ride...Good luck
HDFC bank log term buy given at 1398 hold it 1620, 1730 and ATHDisclaimer -
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 :-
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 log term buy given at 1398 hold it 1620, 1730 and ATHDisclaimer -
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 :-
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
Here's the Big Time Big stock Trust the Big daddy , he's on slowly waking up and you have to cheerish it , Go for it and enjoy the gains
HDFC BANK - short term @fter taking support on weekly time frameHDFC BANK has taken support at 1363.5 and reversed. Looks like a strong reversal till 1750 is possible in coming days till it holds 1420 on daily basis.
There is strong support in squeeze momentum indicator, so breaking high is possible but initial move till high is safe and further action can be taken based on how chart reacts at those levels.
This analysis is based on price action and squeeze momentum indicator.
Please do your due analysis before entering a position.
This is not a trade call, just sharing my views on how I expect price to move in coming days.
HDFC BANK ANALYSISBanking Sector Blue Chip aka HDFC Bank is at attractive level which can be very good for investment but one thing should be clear that STOCK currently in Sideway so have to hold these stocks with Lot of patience
NOT A BUY OR SELL JUST VIEW SINCE I AM CURRTELY INVESTED.
HDFC Bank is BullishBank is seen taking steps to reduce its employee cost and in chart pattern is indicating bullish pattern and price taking support with big range indicating bigger move on upside any time based on accumulation
Hdfc double bottom1. Bollinger band outside inside double bottom.
2. Conformation of double bottom pattern.
Hdfc bankPrice is having resistance around the zone 1460 - 1466. Price have to sustain above the level to be bullish.
Buy above 1470 with the stop loss of 1458 for the targets 1482, 1496 and 1510.
Sell below 1450 with the stop loss of 1462 for the targets 1438, 1424 and 1408.
Check the live market updates.
Hit the like button to Rock !! Show some energy !!
Note : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
You are responsible for whatever you do.
Just a view HDFC
I AM LOOKING FOR THE SWING TRADE IN THIS STOCK
it looks like stock has taken support and ready for cor the blast.
TP1 - 1520
TP2 - 1600
TP3 - 1690
TRADE AS PER YOUR RISK MANAGEMENT AND DO YOUR OWN ANALYSIS
HDFCBANKSmall Risk Trade
HDFCBANK Near support zones
CMP 1439
Buy with SL of 1420 on CLBS
Target 1520
HDFC Bank could see surprise up moveHDFC Bank is at the tail end of D wave completion and could take support any time. And price is also at near next line breakout after inverted head and shoulder pattern. I do not see much downside further unless any major reason for more sell off. At key levels big players made vice decision to buy back or buy reliance at key support levels. so similar support and spikes can be expected in HDFC Bank any time since this is also FIIs and DIIs favorite.
HDFC BANK Levels 8 May 2024 - 10 May 2024HDFC BANK Levels 8 May 2024 - 10 May 2024
- based on trend & technical analysis.
HDFC Bank | bearish next week | below 1400 investment levelThere's a lot of narrative being played around HDFC ( break fds and put in HDFC, best stock of the decade etc ). Very naive way of thing. A quick view of the current levels
Post the major breakdown ( the red candle )
The yellow arrows show the bullish weeks, you can see a bullish pullback every alternate week almost.
The pink arrows show a bearish pullback after every bearish week with a very sharp correction.
this the story post breakdown. There's no way to show that this will stop until fed cuts rates.
Given it was a bullish candle last week, it's high probable to go down this week. Keeping tight sl can give good shorting opportunity. The bear attack will happen all of a sudden and will be super quick. avoid longs and wait for 1400 or below for long term investment opportunity. That might give a decent nifty like cagr in the long term.
PS: I reserve the right to be wrong. not SEBI registered.
The information on this platform/document is general and not financial advice. It is not a substitute for professional advice. Before making investment decisions, consult a qualified SEBI registered financial advisor to assess your unique financial situation and goals, as investing carries risks and past performance doesn't guarantee future results.
HDFC BANK VOLUMES INCREASINGHDFC bank volumes steadily increasing.
May follow upward trajectory towards top of the channel.
HDFC Bank is showing Bullish patternHDFC results given some profit booking but chart pattern is holding to support line and side way indicating build up with big players. so far chart do not show any down trend in charts.
HDFC Bank is clear buy and getting ready for big moves on upside.
HDFC Bank - Turned Bullish after Kotak news - Target 1620HDFC Bank seems to be trend changed due to Kotak Bank restrictions by RBI. Based on follow up buying HDFC Bank could see 1620 to 1630 levels.
