HDFC Bank: Trading in downward channel HDFC Bank is trading in downward channel since last one month. Keep on radar for channel breakout.by khulvenaveen114
HDFC Bank is expected to fallHi all, HDFC Bank is in Major Supply & Demand Zone, so i it being expected to fall in coming days. expected another 17 to 20 % correction. Shortby Varthagam-Seivom0
BUY HDFCBANK buy hdfcbank cmp 1279 with closing stop loss of 1230 immidiate target 1377-1403by BakkulJain1
hdfcbankOne can look at it Always follow Risk and Position Management❇️❇️ For more information like this follow me in Tradingview @Jagadeesh11616125 Happy trading😊Longby Jagadeesh11616125111
LONG ON HDFCBANK (SWING TRADE)BUY HDFCBANK at 1348rs current market price and set a stoploss at 1270rs it is a big sl so don't buy with more then 10% of your capital. small target 1520rs risk reward.Longby chetanpatil7388Updated 664
HDFC BankI think HDFC Bank will test 1086 if I'm not wrong based on the fib retracementShortby udhaya00002
HDFC bank longTranche 1 - 53 @ 1513 on 8 April 1. Market is in what stage - Identified by what kind of highs and lows that are being formed + movement of price w.r.t 21, 50 and 200 EMA Price bottomed at 1297... did an inverse head and shoulders and broke out of 200 EMA daily to top out at 1715 and then retracing to 200 EMA at 1500... this was because HDFC bank and HDFc merged 2. Is there any trend reversal in play? 1. Multiple divergence confirmations on MACD , RSI and MFI - Price broke out... now consolidating 2. At important support or resistance - horizontal - Yes 1500 at stable 200 EMA daily line 3. At important confluence of EMAs + price + support - Yes - 200 daily 3. How are the candlesticks behaving and what is the volume doing Huge volume candle and price candle on 1300 to 1500 range... also biggest merger.. will buy more if the price comes down 4. Is there any trend continuation in play? Looks like uptrend will continue... price should bounce upwards from 200 EMA daily 5. Is there any pullback or breakout in play with volume confirmation from a strong horizontal level (support or resistance) No pullbacks or breakouts as of now 6. Fundamental factors in play 1. Revenue growth - EPS vs PE ratio - last 5 years comparison - EPS rising Quarterly and Yearly... because of better sales... OPMs consistent... also PE ratio to EPS is very very attractive since 2017 2. Are institutional investors/promotors increasing their stake - Stake consistent in owners and institutional... big dip in retail and big pick by DIIsLongby Golden_Ratio_CapitalUpdated 0
HDFCBANK Head and Shoulders on WeeklyHDFCBANK has formed Head & Shoulders pattern on the weekly chart and is breaking down from its trendline at 1250 zone. Breakdown from here can take the price all the way to measured move target of 990-1000. Note that 200WMA may also act as support at this 1250 zone and we may see the price halting here, hence 1250 is a crucial support zone for the stock. If held, price can retrace back to previous highs as well. Watch out for break of 1250 for a medium-term fall in price.Shortby vipulmehta817223
#HDFC bank bounce back possible#HDFC bank bounce back possible. immediate strong support 1250 to 1230 long term investor can buy this level Longby Positionaltrading1114
RELIABLE CANDLESTICK PATTERNPattern Name: Bullish Engulfing Pattern Type: Bullish Reversal No. of Candles: 02 How to Identify it? 1)There must be a preceding Downtrend. 2)A short Red candle followed by a long green candle. 3)The Green candle should open lower & closes higher than the Red candle. 4) The Green candle should completely engulf the Red candle. The psychology behind it : 1)The Bears lose momentum & the Bulls take charge and manage to close above the red candle. 2)It implies the bulls have fully overridden the bears. How to trade it? 1)Look for the Bullish Engulfing at the bottom of the Downtrend. 2)Upon confirmation, open a Long position in the 3rd Candle. 3)Place a Stoploss below the low of the Green candle. Educationby farhanf78671
HDFCBANK bank long tradeHDFCBANK long trade on multiple reasons supporting it 1) Bounce from Demand Zone 2) Bullish candlestick pattern like morning star 3) Rs 15.5 Dividend on 12th May 2022(Ex Dividend story has different implication kindly consider that)Longby stockmitra0
its time to buy a correction is taking place in HDFCBANK and it may extend to form a complex else it may start to fly from here. this is an idea chart for education purpose. by n0m0ret0ssUpdated 6
Long HDFCBNAKLong HDFCBNAK Why ? Double bottom pattern is reversal pattern Buying can be seen as near long term support retest as well This long will be Pull back longLongby siddmuk2005115
HDFCBANK - 9th May 2022Medium Term View Range Bound Market Support @ 1300-1250 Resistance @ 1650-1750 Break of Range may Result in 20% Moveby thegutsy0
accumulate HDFC BANK level 1150-1200 ACKPOT STOCK trade4alphaBest time to star accumulate HDFC BANK is coming level 1150-1200 its a JACKPOT STOCK by trade4alphaLongby Amit_Kumar_Singh0
Head and Shoulders pattern at HDFCBANKBe Cautious #headandshoulders #pattern (trend reversal ) at #hdfcbank weekly chart. The head and shoulders pattern is believed to be one of the most reliable trend reversal patterns. It is one of several top patterns that signal, with varying degrees of accuracy, that an upward trend is nearing its end. Stock seems to be changing trend(Head and Shoulders pattern) . One should try to keep the profits with them. Now if you think you are buying it on discount, then you are wrong - you are buying on the other side of trend. ONLY FOR #educational NOT SEBI REGISTERED. #LEARNEARN (DONT TRUST ANYONE) Note - INVESTED #hdfcbank #nifty50 #sharemarket #BREAKOUTSTOCKS #Multibagger #sharemarket #sharemarketindia #sensex #technicalanalysis #kukiinvest #Chartanalysis #headandshoulders #breakdownShortby Usemerr226
Long HDFC BANKIt has formed an ascending triangle and broken upwards. One can go long with a stop of 1372 hourly closing basisLongby ProbuddhoUpdated 3
HDFC Bank Price Action Daily TFIf the Closing Candle closes above the 1403 - 1405 region(with comparative high volume), then we will most probably witness a target of 1530 and might also see a 1580 level. The Target Time will be anywhere between 10-15 days. Do comment out if I missed or misinterpreted something, I am new to Technical Analysis.Longby mrityu_2
HDFCBANK 1 hour ViewHDFC BANK 1 hour view is given in the chart and major Support, resistance and target are also given in the chart. Its not a call, just view on HDFCBANK. Do your own analysis before investment.by varun_devadiga1
HDFC bank @ 1403 target 1450 HDFC bank @ 1403 is looking good for longs as Bank Nifty is holding support of 36000 and HDFC bank is its major composition. There are good longs buildup in the stock.Longby realmovz0
Candlestick combination - Hammer Will this pattern work by confirmation on Wednesday . Regardsby AJAYSHARMA0