HDFC BANK ANLYSISSince almost a year HDFC BANK is in a broad range between 1530 - 1760 Again price has come down to bottom of the range. Longby tejasgaikwad0
HDFCBANK Expecting a correction from here!!I think the impulse wave is now complete and we may see a correction from here which can go deeper as well depending upon the sentiment of the global markets in coming days. NFA!!Shortby iam_lovish1
HDFCBANK - Near Important Support ZoneNSE:HDFCBANK offers a range of banking services covering commercial and investment banking on the wholesale side and transactional/branch banking on the retail side. Positives: Company with high TTM EPS Growth Good quarterly growth in the recent results Effectively using Shareholders fund - Return on equity (ROE) improving since last 2 year Efficient in managing Assets to generate Profits - ROA improving since last 2 year Increasing Revenue every Quarter for the past 4 Quarters Company able to generate Net Cash - Improving Net Cash Flow for last 2 years Annual Net Profits improving for last 2 years Book Value per share Improving for last 2 years Company with Zero Promoter Pledge FII / FPI or Institutions increasing their shareholding Negatives: MFs decreased their shareholding last quarter Decline in Net Profit with falling Profit Margin (QoQ) Declining profits every quarter for the past 2 quarters Weak Momentum: Price below Short, Medium and Long Term Averages NOT A RECOMMENDATION. JUST FOR EDUCATION. Thanks. Editors' picksby babutaaniket88987
HDFC Bank Simple Price Action AnalysisNSE:HDFCBANK has created a Bearish Diamond Pattern in the Weekly Chart. Ideally, the Price should go down once the nearest Support Breaks and retracement happens. But trading in futures and Options is inherently Risky and one should avoid it. This analysis is for educational purposes only. Disclaimer: Stock trading is inherently risky and you agree to assume complete and full responsibility for the outcomes of all trading decisions that you make, including but not limited to loss of capital. None of the stock trading calls made by Prosenjit should be construed as an offer to buy or sell securities, nor advice to do so. All comments and posts made by Prosenjit are for information purposes only and under no circumstances should be used for actual trading.Shortby priceissupreme5
HDFCBANK-Long Ideathis is based on volume profile & price action. Confirmation only on orderflow. PS: There is a fundamental news which may affect the price movementby NisarNUpdated 1
Crucial Level - HDFC BANKHi Investors.. Today we seen huge fall in HDFCBANK almost 5% If you are an opportunist, I think you should not miss the Ganesh Chaturthi offer where we are getting flat discount on India's largest bank share price. Important Levels CMP 1563 Support1 - 1540 Support2 - 1480 Upside Level - Again 5-10% % of Deliverable Quantity to Traded Quantity 77% Longby rohitnama32
HDFC BankHere, is the daily time frame chart since we are tracking from last year.... and Had a fruitful results.... What's your view on HDFC bank?by Influitive_Capital113
Hdfc BankHdfc bank may have made a short term top at 1652.. Keep stop loss near 1656 closing basis for targets of 1615 & 1595.. Shortby guptamani3105Updated 9
Breakout and Pull backLower levels to add this stock are marked. Invest in SIP mode. If today low is not broken than upside buying will be only above last candle high. Maintain SL as per risk management Consult your FA before investing.by wealthmarketanalysis0
HDFC BANK: ASCENDING TRIANGLEHDFC Bank is forming a beautiful ascending triangle with a long base. Breakout above 1750 will lead to Targets of 2700+. Stay invested. Also have a look at volumesLongby Mohit200720170
HDFC Bank - stuck up between 1669 & 1624.7 HDFC Bank made a recent high of 1669 marking its bullishness. Risky players can buy at the CMP if last 1H swing high of 1624.7 is not broken. However, it may take some time to break the high of 1669. Risk averse traders should wait for 1669 to be broken.by rekhi5670
HDFC Bank - Short below 1661 HDFC is bearish below 1961, Let the hourly candle close below this and then sell. Buy again whenever it retraces back above 1603.75. Both the levels have been marked by white horizontal lines on the chart. Please refer to my previous coverage on HDFC Bank. Link provided. This is just for educational purposes. I am not a SEBI Registered Analyst. Consult your financial advisor before making any decision.by rekhi5670
HDFCbank is still in rangeHDFCBANK This giant is still stuck in a range and a tough resistance lies in the zone of 1702-1723. On weekly chart, three white soldiers have appeared. So this can easily travel to congestion zone. A breakout above the congestion can fime further rally rally towards 2200. by Poorest_fool0
HDFC Bank | Cup and Handle Long Term Trendline support at 1550 CUP and Handle breakout above 1720 Cup Height : 600 Points Possible Target : 2000-2200++ with Strong Support at 1550 level.Longby Nimble_Pesos1111
Better to book profit now and accumulate in the range 1611to1581The price is in the monthly supply zone 1668.45 to 1651.2. The priced has moved up beyond Fib Extension 2.618 (Please see the wave marking on the chart and plot Fib extension from 5.3-5.4/1-5.5/2). Better to book profit now and accumulate in the range 1611to1581; This is Fib retracement between 0.7 to 0.786 (Considering yesterday's top 1670 to the low of 25-Aug-23, 1558.4)Shortby sameerthatte1
HDFC BANK institutional buying zone HDFC bank has been in this range since about 300 days and has always bounced back from this institutional buying zone where big players accumulate. It has approached this range again giving a beautiful risk to reward ratio of 1:3 and more. As seen in the past, on the break of this minor downward trend, the market rallies to the resistance zone hence we should follow the past. Position Sizing is recommended... What is position sizing? It is when you first add half your position to check If the market is saying you are right or wrong, if the market moves in your direction, you will add your second half and tighten your stop loss. This way you add two positions but one only when the market shows you that you are correct. Example: Suppose your risk is 100 per trade, You first buy enough Qt to risk only 50 ( Typically with a larger stop) and if the market forms a green candle or another bullish sign, you add another Qt to risk 50 more ( Total risk 100) and your second stop loss becomes tighter ( most probably at the breakeven of the first position) this way you minimise your loss but ur reward is the same and even more. If your first stop gets hit, you accept your mistake and move on. Hence, if one does go long, I personally am buying as close to the zone as possible and then will be adding more as the trendline breaks. Volume isn't a key indicator here since it has been high in the past as the market approached this zone and still rallied upwards. Targets marked on the chart. Keep It Simple Longby Krish_KohalUpdated 1212574
HDFC BANK Positional / Swing Trade / Short-term Trade "Big Idea"Here please refer the chart and under stand the pattern which is showing bounce back from the current levels. As per chart : HDFC BANK trading in a range of 1550 to 1700 since Nov'22 means from last 10 months this stock trading in a range. We can use the consolidation term for this. stock being sideways from last 10 months. Big Idea Always give some to technical analysis and spend time to understand maximum points visible on single chart, and please note points. who much time you spend over chart reading you will found more new things and your view would be more clear. Now we learn new things: We are creating a condition:- I have done technical analysis over chart of HDFC Bank. and as my view is bullish as well as I'm confident over my analysis. Then what I will do?? Obviously I will buy this stock. But if have insufficient capital to buy 500 shares. Capital required for buy 550 qty (550 x 1612 (cmp)) = 8,06,000/- Now I have my analysis so I'll go for buy IMT Option (in the money) ie HDFC 1600 CE CMP = 33 (Cost for Buy 1600 CE would be 33 x 550) = 18,150/- only. So By trading in options you can take advantage of more qtys. Disclaimer: I'm not SEBI certified analysist the information I'hv shared it's just for information and education purpose only. I'm not recommending any buy or sale here. I would be not responsible for any kind of loss or profit.Longby rohitnama3Updated 11
HDFC Bank- long inside bar formation above the confluence of 200 and 50 day EMA MACD are turning bullish target and sl markedLongby FrankzMD1
HDFC BANK LTDHello & welcome to this analysis India's largest bank has had a dream for around 24 years. This video is an analysis of it post the merger of HDFC LTD with it. Short term resistance is between 1660-1700 above that 1755 and then medium to long term at 2000-2100-2500. Short term support is between 1620-1600 below that 1550 and then medium to long term at 1400. It remains in an uptrend overall but with immediate short term resistance. Happy Investing11:06by Dinesh_C_Nagpal15
HDFC BANKHello everyone, i have captured this whole move in future hedged position which gave me 10% return of my investment {4,500}. I am happy with such returns.. however i did’t captured todays top.. it was an beautiful pick! Longby millitary_trader2
HDFC Bank - 1637 crucial factor Please don't take a long position in HDFC Bank immediately. 1637 is a crucial factor. It is a major resistance zone. Though you can see that this resistance was not breached for the last two times and now it is likely to be broken. Let it cross it with authenticity then only buy. Have a look on both the charts. Election are around the corner and market is risky. Be, careful for taking a long position in any stock. As far as possible, don't take delivery of any stock, trade with proper stop losses and risk management. If you notice, in the past short duration all the stocks were sold and brought to the lower level, may be HDFC Bank, Kotak Bank, etc. I am not trying to scare you but throwing a caution in the wind the we are sitting at a level where more and more of precaution is required. I am not a SEBI Registered Analyst. Please trade in consultation with your financial advisor.by rekhi5676
Go long on HDFC Bank.....Go long on HDFC Bank. Price has crossed 50DMA & 200DMA. 3 White Soldiers are seen RSI crossed 60. Supertrend is a buy.Longby ksdastoor3
HDFC Bank Analysis Stock has given BO after downtrend channel, volume build up seen, follow chart for proper support and resistance levels. Today's fall in small cap and mid cap stocks will result rise in large cap stocks.Longby subbu_191517