hdfc bank looking strongHdfc bank looking strong for short term small targets or till all time high.. Longby chaitanya1692Updated 0
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. by Sniper-Traders1
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.by Nagarjun00070
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. by rekhi5671
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 🔍 For more technical analysis and trade setups, make sure to follow me on TradingView: www.tradingview.comLongby Munish_JainUpdated 6625
hdfcbank long after long consolidation on daily time frame cup and handle pattern appear on chart with good volume by shirkehanmant770
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.Longby Darshit860
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 rewardLongby vishal61710
#Largecaps #HRITIK stocks Over last few weeks, there had been too many posts on SM which were shared about some of the large cap names which have provided zero return over last "x" many months. That intrigued me to understand the concept of timewise correction. The composite chart of major large cap of Nifty or as they say HRITIK (+few others) stocks suggest that they have gone through similar timewise correction cycle of of almost 26 weeks where they had provided zero return in back in 2015 to 2017 and from there on the did rallied significantly about 40-50% before showing any sign of major price correction. The current pattern from 2021 to 2023 is also very similar to what happened back then, and the current weekly closing suggest a big breakout on weekly charts, Will these stock show similar move as they did back in past is only time can tell us but as they say history always repeats itself and also as someone said " Elephants, large caps, take their own time. And, when they move, only astonishment is left .", So may be time is right for them to start leading the Indian Market The composite chart contain below stocks in it. HDFCBANK RELIANCE ICICIBANK TCS INFY KOTAKBANK ITC AXISBANK SBINLongby aktradelearning1113
HDFC Bank - Evening StarEvening Star is a bearish reversal candle formed on the prior resistance. We can see multiple confluences here like, Shooting Star, Bearish Engulfing, Evening Star and resistance all are lies on the same level indicating that seller could take control from here. Shortby Arvind_Share_Academy2
HDFC Bank: Trading near resistance zoneAfter good momentum in past 2 weeks, HDFC bank is looking tired near resistance levels. Can expect inverse head & shoulder formation here. Accordingly, we can see correction in Banknifty also if chart plays out as per expectation. Keep on radar.by khulvenaveen4
VIEW ON HDFC BANKGood Technical chart structure Breakout from consolidation of about 3 days Nearly above SEP 22 highs Target 1670/1680/1710 Stop loss 1639 I am just representing my views. For educational purpose only. Longby dakshb38391
HDFC Bank (What Next) Please read the analysis on Daily Chart of HDFC Bank. William's R% is also showing over bought situation. 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. by rekhi5674
HDFC Bank strong weekly closingHDFC Bank closed strong in weekly tight frame. Immediate target is 1750 and in case of a breakout, BankNifty will flyLongby GokulKannan86b2
HDFCBANK long term up trendAs in previous view short term trend level reached and closed but if one see Monthly chart it is in uptrend move ..one may observe for very long term to avoid up down ..with risk management level..and continue ride it's all time Upmove ..by kumardkp1235
HAHAH TARGETS IN HDFC gave you hdfc long call 2-3 weeek earlier to long hdfc ... loook how beautiful its runingby prtpncl1
A long awaited breakout is very near!! The retracement to 50% is indicating strength. The breakout will happen above 1654. In my view kotak , HDFC and ICICI Bank can lead the Index to new highs.Longby singh17vivek2
hourly triangle Bottom line is a fresh buy in HdfcBank Hello dear traders i am presenting this time Hdfcbank Hourly chart there is a falling expended triangle running currently so expecting in case price comes near the bottom line of the triangle is a good buy ---------------------------------------------------------------------------- in to recent earning posted by at 16-10-2023 HDFC Bank Q2 earnings: Net profit rises 50% to Rs 15,976 crore ----------------------------------------------------------------------------- so its a buy between 1460-1480 stop loss below 1420 on hourly closing basis for the target of upper line of the falling expended triangle which is currently around 1640 ----------------------------------------------------------------------------------- i am not a Certified registered analysist this is just my observation for practice and learning purpose of chart reading, Must take advice from your financial advisor before trade Longby sk_4587Updated 8821
HDFC BANKHDFC has Trend reversal. Likely to Cup and Handle pattern. And this Price from monthly support. 1560 Act as Immediate support and Target is 1660 for short term. 1590 - 1600 is Best Price to Buy.Longby PANNER_SELVAM_KATTAKALAI5
HDFC BANK ANALYSISA large cap stock having a good weightage in market that is HDFC Bank is looking good for swing trade .Good reversal from Fib. Zone on monthly time frame .Targets are based on Fib. Extension .Long trade can be initiated with given SL and Targets.Longby Shivam_Bhanot0
HDFCBANK ShortAfter a Long consolidation, HDFCBANK was given a Trendline Break-Out. Looking Bearish. SL &TGT as per ChartShortby JPALANISAMYUpdated 1144
HDFC Bank - What Next 1. In my previous ideas on the stock, I recommended buy on the stock at 1480 with a target of 1509-21 and the 1560. So, in all 80 points in all for the month of November have been achieved. 2. What next: I could have drawn a harmonic pattern on 30 minutes chart and presented the analysis but, drawn some horizontal and trend lines for every one of us to understand. 3. Detailed analysis with price levels has been provided on the chart it self on the chart divided in three sections viz A, B & C. Price levels have also been provided. Time Level: Candle of 9:16 a.m. in the last trading day provided resistance. Now, candle for tomorrow is 12:47 p.m. is important. Buy only when price is above high of both of these candles. 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. by rekhi5671
How a FRVP is used in swing trading?How a FRVP is used in swing trading? Here top edge and bottom edges of HVN's are key some times these zones are acting support and some are same zones are acting line resistance while trading may use Bollinger band 05:25by Sraz97112