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.
HDFA trade ideas
HDFC bank sell on rise weare holding sell from 1528On 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
Expected up move.here 2 nd wave is flat correction.
It seems it has completed its 3rd wave
and fourth wave has ended at the center line of
the base channel.
4 th wave appears to be zigzag.
Up side targets are shown in the chart.
In the negative sentiment prevailing it is very tough to have positive side for hdfc bank.
stop loss is must here though it is nota trading recommendation.
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HDFC bank sell given at 1528 hold it we will see 1450-1455On 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 mostly will fall once support line is brokenHDFC Bank mostly will fall once support line is broken. NO analyst or Media giving actual view on HDFC Bank Q4 results because they all hold holdings and they want exit first and not guiding the public about poor results from HDFC Bank. I am expecting a bigger fall in this bank leading the BN and N to fall as per pending wave on down side.
HDFCBANK : Closed positionBooked a profit of about 2.13% on the invested capital. I do expect that the price may move further upside in the near term. But due to some macro-economic uncertainties I do have to rebalance my positions and hence this early booking.
I'll consider a re-entry if price crashes back to the low of the descending channel.
📢📢📢 If my perspective changes or if I gather additional fundamental data that influences my views, I will provide updates accordingly.
Thank you for following along with this journey, and I remain committed to sharing insights and updates as my trading strategy evolves. As always, please feel free to reach out with any questions or comments.
Other posts related to this particular position and scrip, if any, will be attached underneath. Do check those out too.
Disclaimer: The analysis shared here is for informational purposes only and should not be considered as financial advice. Trading in all markets carries inherent risks, and past performance is not indicative of future results. It's essential to conduct your own research and assess your risk tolerance before making any investment decisions. The views expressed in this analysis are solely mine. It's important to note that I am not a SEBI registered analyst, so the analysis provided does not constitute formal investment advice under SEBI regulations.
HDFC bank sell on rise results not good , if gap up sell moreOn 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
HDFCBANK(India) projection level for coming days(20-04-2024).I have prepared the projection based on chart pattern, Wave & Gann Theory. SL will be 10rs but the target will 1600. Please analyze yourself as these are not recommendations. This is only for study purpose.
If you find it useful then please do like and follow as well.
HDFC is Bullish and big impact on NiftyHDFC clearly taken inverted head and shoulder pattern and support from neck line and its was very clear up move in HDFC and big impact on BN and Nifty.
HDFC Bank LevelsMarked on the chart are Support & Resistance Levels of HDFC Bank.
Note: This is not a recommendation.
HDFCBANK Update Here, is the chart or projection of HDFC BANK for the future as usual as a part of update on our earlier projection....
I hope this will definitely help you a lot so we just expect your love by boosting our ideas to strengthen and energize to post such a valuable content for you guyz ..
use this as educational purpose...
HDFC- Hi Dere Finally Come to 1555 !!!HDFC Jumps to 1555 as we discussed in the last idea with Gartley Bullish... Bulls are Holding Strong.
Guess Who Hit the Bull's-eye? HDFC Zooms to 1555!
Just three months back, in the chilly vibes of January 2024, I charted the stars for HDFC. Like a trusty steed holding the fort, HDFC nestled snugly in the support zone of 1375-1390, only to spring up like a Jack-in-the-box to a dazzling 1555, right on cue with my bullish Gartley pattern forecast. So, here's a cheeky nod: "Hi Dere Finally Come to 1555 !" Sometimes, the market winks back at you, right?
Last Idea - Expected Bullish Gartley in PRZ ( Potential Reversal Zone )
From
WaveTalks
Abhishek
HDFC Waiting for Breakout NSE:HDFCBANK Guys Add to your Watchlist HDFCBANK Waiting for Breakout Muliplr Time Rejection at the Marked area to watch
HDFCBANKHDFCBANK :- The stock has tried to break the resistance many times on the daily time frame. Keep an eye on the stock.
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.
HDFC Weekly Breakout HDFC Weekly Breakout after Divergence and Triangle Candlestick pattern breakout. A Candle with good volume shows that there may be a Bull side move in coming week also. Carefully trade this situation with stoploss, as this is a market and can turn any side any time in unexpected way.
Better paper Trade to learn the situations.
HDFC bank positional trade for long term given at 1399 next 1575On 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
HDFCBANK AnalysisHDFC Bank's Q4 performance has been applauded by many.
The amazing improvements in the deposit growth of the bank and improved fundamentals makes the stock look good for a medium to long term investment.
Here are the details-
CMP- 1524
Targets- 1580 (Short to Mid Term), 1600 (Mid to Long term)
Trailing Stoploss- 1465
Duration- Atleast 2-3 weeks, scope for long term investment.
Let me know what you think.
HDFCBANK Advances up 1.6%, deposits rise 7.5% MoMHDFC Bank Ltd on April 4 reported 1.6 percent growth in advances during January-March quarter of the financial year 2023-24. Total advances of the country’s largest private sector bank stood at Rs 25.08 lakh crore. Deposits grew 7.5 percent sequentially to Rs 23.8 lakh crore.
The numbers are not comparable year-on-year as HDFC Bank concluded the merger with Housing Development Finance Corp in July 2023.
The bank, in a stock exchange filing, said that domestic retail loans grew by around 108.9 percent on a YoY basis and around 3.7 percent sequentially. The commercial and rural banking loans grew by around 24.6 percent YoY and around 4.2 percent sequentially. Corporate and other wholesale loans (excluding non-individual loans of the erstwhile HDFC Limited) of the bank grew 4.1 percent on an annual basis and dropped 2.2 percent sequentially.
Hdfc bankHdfc bank
After long consolidation
Stock is getting ready for massive surges
Once cross 1495 big upmoves
HDFC Bank breaks out of a descending triangle trend reversalHDFC Bank has experienced a prolonged sideways movement between 1460-1400 for an extended period. However, a closer examination of the price action reveals a breakout from a descending triangle trend reversal pattern. Additionally, the price has crossed above its 50-day moving average, indicating a potential revival in prices. The MACD indicator has also moved above the equilibrium level.
A buy position is recommended, targeting a rally to 1580 initially, with further potential to reach 1610. It's advised to set a stop-loss below 1430 to manage risk.
You can take a long trade in HDFC BankCompany:- HDFC Bank Ltd.
Sector:- Banking
M Cap:- 10.99T
Technical:- On the hourly and daily chart smart money formed semetric triangle chart pattern and breakout it with heavy volume, I thik this stock is bottoming out and ready for the next leg rally. One more thing Nifty private banking and nifty bank index is also bottomed out. So if Banknifty and Nifty private banking indices have to go up, HDFC Bank will have to outperform.
If you want's to doing this type of technical analysis you can follow me and visit my website "protraderclub.in" and contact me.
Disclamer:- Dear followers, before taking any trade do your own analysis and consult your financial advisor.
