hdfc bankhdfc down side target 1550 hdfc bank complete 5 wave upside and correction start wave a,b,cLongby HARISHRAO993
HDFC BANK chart studyHdfc bank spot cmp 1720 Last two swing high for the counter on weekly time frame are around 1725 and 1722 levels, from where counter have faced some selling pressure . Current price also in same supply zone, if we get weekly close above 1725 levels, and a follow through, counter can move on to new bullish zone. If fails to move above 1725 or sustain above 1725 levels, reversal from current levels possible. keep watchby RUDRA007Updated 9
NEW HIGH IN HDFC !!Backed up by Outperforming results, HDFC bank on its way to make new highs Mixed Global cues does not affect our banking space anymore US banking space falling down ,meanwhile our bank nifty giving a good rally This trend is most likely to continue.Shortby dhyanbhatt24250
HDFC Intraday tradeLong HDFC above 1696 after the BO of TL. Target 1700-1705 with SL 1688. BULLISH MOMENTUM IN THE STOCK. Longby Tech_stock_traderUpdated 0
HDFC BANKTime frame is 15 min @support. As per my strategy CCI & RSI above 0 is bullish and below is bearish. Just need a basic understanding of support and resistance no fancy foolishness. As per as the chart it seems like it will be near support and if the support is taken one must enter a long position with a very small SL. Regarding my trades I will short this as I prefer to trade in probabilities and only one side of the market and that is short side because I love gravity.Longby rrithe9Updated 222
HDFC BANK | Price Rejection from ATH The price continuously rejected from level of Rs 1700 and currently hovering around EMA 200. Short Trade can be initiate as price fall below Rs 1548 with target of Rs 1400 and stop loss at Rs 1620 (Risk Reward 1:2) Thanks -AJShortby IndieconomicUpdated 3
Triangle pattern in HDFC BANK !!!!!!It seems that HDFC bank is forming a triangle pattern in daily time frame charts and as it is hitting its major resistance again and again it shows that it is now well cooked for its break out. So where you should get an entry comment down.. by TRADE_RESEARCHER0
HDFC Target HDFC create inverter head and shoulder break out Nekline buy signal Disclaimer No buy and sell recommend Longby malikiran5432
Hdfc Bank Monthly ChartThe stock is trading within a triangle pattern on monthly chart. The high is tasted multiple time and chances are high to breakout near future. Immediate resistance is placed at 1733. I have mentioned all the important levels in the chart. Like, Follow and Share.Longby nmcapital442
HDFC Bank Investors, Beware! 🚨Attached: HDFCBANK/ NIFTY 50 Weekly Chart as of 28th April 2023 The Chart above shows Potential Underperformance lies ahead for HDFC Bank. Investors are better off Avoiding/ Exiting the Stock unless they want to Underperform the Broad Market from here onwards. No alpha is to be made by Holding on/ Buying the Stock at the Current Price This Ratio Chart points to: - Lower Highs - Breakdown Retest - ABC Corrective Wave completion at 1.618 - Downtrend on this Ratio Chart likely to resumeShortby T_Harth2
Price/Earnings: amazing interpretation #2In my previous post , we started to analyze the most popular financial ratio in the world – Price / Earnings or P/E (particularly one of the options for interpreting it). I said that P/E can be defined as the amount of money that must be paid once in order to receive 1 monetary unit of diluted net income per year. For American companies, it will be in US dollars, for Indian companies it will be in rupees, etc. In this post, I would like to analyze another interpretation of this financial ratio, which will allow you to look at P/E differently. To do this, let's look at the formula for calculating P/E again: P/E = Capitalization / Diluted earnings Now let's add some refinements to the formula: P/E = Current capitalization / Diluted earnings for the last year (*) (*) In my case, by year I mean the last 12 months. Next, let's see what the Current capitalization and Diluted earnings for the last year are expressed in, for example, in an American company: - Current capitalization is in $; - Diluted earnings for the last year are in $/year. As a result, we can write the following formula: P/E = Current capitalization / Diluted earnings for the last year = $ / $ / year = N years (*) (*) According to the basic rules of math, $ will be reduced by $, and we will be left with only the number of years. It's very unusual, isn't it? It turns out that P/E can also be the number of years! Yes, indeed, we can say that P/E is the number of years that a shareholder (investor) will need to wait in order to recoup their investments at the current price from the earnings flow, provided that the level of profit does not change . Of course, the condition of an unchangeable level of profit is very unrealistic. It is rare to find a company that shows the same profit from year to year. Nevertheless, we have nothing more real than the current capitalization of the company and its latest profit. Everything else is just predictions and probable estimates. It is also important to understand that during the purchase of shares, the investor fixates one of the P/E components - the price (P). Therefore, they only need to keep an eye on the earnings (E) and calculate their own P/E without paying attention to the current capitalization. If the level of earnings increases since the purchase of shares, the investor's personal P/E will decrease, and, consequently, the number of years to wait for recoupment. Another thing is when the earnings level, on the contrary, decreases – then an investor will face an increase in their P/E level and, consequently, an increase in the payback period of their own investments. In this case, of course, you have to think about the prospects of such an investment. You can also argue that not all 100% of earnings are spent paying dividends, and therefore you can’t use the level of earnings to calculate the payback period of an investment. Yes, indeed: it is rare for a company to give all of its earnings to dividends. However, the lack of a proper dividend level is not a reason to change anything in the formula or this interpretation at all, because retained earnings are the main fundamental driver of a company's capitalization growth. And whatever the investor misses out on in terms of dividends, they can get it in the form of an increase in the value of the shares they bought. Now, let's discuss how to interpret the obtained P/E value. Intuitively, the lower it is, the better. For example, if an investor bought shares at P/E = 100, it means that they will have to wait 100 years for their investment to pay off. That seems like a risky investment, doesn't it? Of course, one can hope for future earnings growth and, consequently, for a decrease in their personal P/E value. But what if it doesn’t happen? Let me give you an example. For instance, you have bought a country house, and so now you have to get to work via country roads. You have an inexpensive off-road vehicle to do this task. It does its job well and takes you to work via a road that has nothing but potholes. Thus, you get the necessary positive effect this inexpensive thing provides. However, later you learn that they will build a high-speed highway in place of the rural road. And that is exactly what you have dreamed of! After hearing the news, you buy a Ferrari. Now, you will be able to get to work in 5 minutes instead of 30 minutes (and in such a nice car!) However, you have to leave your new sports car in the yard to wait until the road is built. A month later, the news came out that, due to the structure of the road, the highway would be built in a completely different location. A year later your off-road vehicle breaks down. Oh well, now you have to get into your Ferrari and swerve around the potholes. It is not hard to guess what is going to happen to your expensive car after a while. This way, your high expectations for the future road project turned out to be a disaster for your investment in the expensive car. It works the same way with stock investments. If you only consider the company's future earnings forecast, you run the risk of being left alone with just the forecast instead of the earnings. Thus, P/E can serve as a measure of your risk. The higher the P/E value at the time you buy a stock, the more risk you take. But what is the acceptable level of P/E ? Oddly enough, I think the answer to this question depends on your age. When you are just beginning your journey, life gives you an absolutely priceless resource, known as time. You can try, take risks, make mistakes, and then try again. That's what children do as they explore the world around them. Or when young people try out different jobs to find exactly what they like. You can use your time in the stock market in the same manner - by looking at companies with a P/E that suits your age. The younger you are, the higher P/E level you can afford when selecting companies. Conversely, in my opinion, the older you are, the lower P/E level you can afford. To put it simply, you just don’t have as much time to wait for a return on your investment. So, my point is, the stock market perception of a 20-year-old investor should differ from the perception of a 50-year-old investor. If the former can afford to invest with a high payback period, it may be too risky for the latter. Now let's try to translate this reasoning into a specific algorithm. First, let's see how many companies we are able to find in different P/E ranges. As an example, let's take the companies that are traded on the NYSE (April 2023). As you can see from the table, the larger the P/E range, the more companies we can consider. The investor's task comes down to figuring out what P/E range is relevant to them in their current age. To do this, we need data on life expectancy in different countries. As an example, let's take the World Bank Group's 2020 data for several countries: Japan, India, China, Russia, Germany, Spain, the United States, and Brazil. To understand which range of P/E values to choose, you need to subtract your current age from your life expectancy: Life Expectancy - Your Current Age I recommend focusing on the country where you expect to live most of your life. Thus, for a 25-year-old male from the United States, the difference would be: 74,50 - 25 = 49,50 Which corresponds with a P/E range of 0 to 50. For a 60-year-old woman from Japan, the difference would be: 87,74 - 60 = 27,74 Which corresponds with a P/E range of 0 to 30. For a 70-year-old man from Russia, the difference would be: 66,49 - 70 = -3,51 In the case of a negative difference, the P/E range of 0 to 10 should be used. It doesn’t matter which country's stocks you invest in if you expect to live most of your life in Japan, Russia, or the United States. P/E indicates time, and time flows the same for any company and for you. So, this algorithm will allow you to easily calculate your acceptable range of P/E values. However, I want to caution you against making investment decisions based on this ratio alone. A low P/E value does not guarantee that you are free of risks . For example, sometimes the P/E level can drop significantly due to a decline in P (capitalization) because of extraordinary events, whose impact can only be seen in a future income statement (where we would learn the actual value of E - earnings). Nevertheless, the P/E value is a good indicator of the payback period of your investment, which answers the question: when should you consider buying a company's stock ? When the P/E value is in an acceptable range of values for you. But the P/E level doesn’t tell you what company to consider and what price to take. I will tell you about this in the next posts. See you soon!Editors' picksEducationby Be_Capy8839
Sell entry based on my analysis ( only for educational purpose )here the price failed to close above the 50 percent of previous candle so thats means the bears are in the grip so when the price crosses the yesterdays close i have my sell limit order there and this is my trade reason and my sl is at 50% and my target is at 1 percent level Shortby dad-and-son-traders1
hdfc bank acending trangle pattern forminghdfc bank acending trangle pattern forming go for long if pattern are break in short term intradayLongby arjunjiwankar3
HDFC BANK H&S PATTERNHDFC Bank form H&S pattern on daily chart, if break and sustain below 1658 it may test 1636,1616 soonShortby tradetechnicalanalyst1
Bearish EngulfingA bearish engulfing pattern is a technical chart pattern that signals lower prices to come. The pattern consists of an up (white or green) candlestick followed by a large down (black or red) candlestick that eclipses or "engulfs" the smaller up candle. The pattern can be important because it shows sellers have overtaken the buyers and are pushing the price more aggressively down (down candle) than the buyers were able to push it up (up candle). Script = HDFC Bank Time Frame = 1 DayShortby Jainshashwat0
HDFC BANKWaiting for a daily closing above 1725.... stock got rejected thrice from it... hope this time it will break itLongby sidharthasahoo1995224
HDFCBANKHDFCBANK:- Cup and handle pattern has formed, wait for breakout, plan something only after breakout, till then keep an eye Hello traders, As always, simple and neat charts so everyone can understand and not make it too complicated. rest details mentioned in the chart. will be posting more such ideas like this. Until that, like share and follow :) check my other ideas to get to know about all the successful trades based on price action. Thanks, Ajay. keep learning and keep earning. Longby AjayDhakad_Keep_it_simple1
HDFC - Short TermHarmonic - Bearish Bat formation Need to close above 1579 and sustain for 1 hr. Tgts - 1590 - 1603 - 1612 - 1632 Elliot Wave - Currently in C wave of subordinate ABC wave of a larger B wave. Sharp correction once C is completed. Longby KunalSaxena10Updated 7
HDFC BANK TARGET 1787HDFC BANK is strongly bullish weekly in the upward channel.It sustains above in the day 1702 it will reach 1787Longby ganeshkrupa3
HDFC BANKhdfc bank cmp 1692 upside 1700 1720 dwnside 1696 all education purpose onlyLongby pranabmahato7772
HDFCBANK is looking bullish as BNF looksNSE:HDFCBANK is looking strong and ready to show 1800 levels as it breaks out 1720 levels decisively. Banking sector is so much bullish these days.Longby gauravcs4u0
HDFC BANK TARGETS based on current and fresh S/R LEVELSNSE:HDFCBANK can short hdfc bank till fresh support level and wait for it to be broken for further fall, best to book at fresh support and re enter short position once it gets retested as resistance , target can be last tested support area, avoid short if current resistance is broken.Shortby ajinkyadiwakar717Updated 9
Sell HDFC Bank HDFC Bank has reached monthly month resistance area once again and I do not think this bank will outperform in results....Its clear Sell in Bank Nifty and DFC Bank nowShortby venkatfx228