HDFC Bank On The WayHDFC Bank : Can we consider when it comes to 1350/1300. is it Good Buy or it will turn now comment ?
0A7I trade ideas
HDFC : Key Buying Signals RevealedHDFC seems to have established a support zone around 1370 since November 20th. Whenever the market reaches this level, there tends to be an uptrend. My strategy is to consider buying when it reaches this level, as it could be a good opportunity for accumulation. If it breaks the support at 1290, I'll consider buying there as well.
A Low Risk Buy for Wealth CreationLong set up based on Tech analysis set up (Ellotwave, SupplyDemand & AccumulationDistribution). Apart from candlestick RS & MACD indicator used to analyse. Study marked on chart with Trade idea.
HDFC bank if break 1445 , then buy on dip double bottom On 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 IMPORTANT DIRECTIONAL LEVELS FOR THE YEAR 2024NSE:HDFCBANK NSE:BANKNIFTY
Hey Folks..!
I have marked all the important directional level for this year.
All the levels have the description, Bullish movements is expected in bullish range and Downside is expected in the bearish range.
Use the levels either Standalone or Club these levels with your existing trading style & strategy it will surely give you an edge.
Rules are simple , Short trades can work well in the Red / Bearish ranges whereas Long trades can work well in the Bullish ranges.
Also, i have changed the colour combination of the chart along with the candle colour now green candle are white and red candles are black.
All the best Folks!
HDFC Bank - Potentional 20% upside✅ Retest the strong Support and bounce back
✅ Long term invester can hold till 20% return.Most likely in next three month
HDFC Bank short term view On the basis of Pirce Action and Support and Resistance , hdfc bank is near the strong support zone from which it can gives a up move if the 1400 level is sustain and can move till 1550 and then break that resistance and move till 1720 and so .
But if it breaks the level of 1400 then i can probably goes till 1200.
HDFC Bank - Weekly chart
in the weekly chart HDFC Bank is trading above 200 SMA, so patience is required for just two days till the closure of this week; and if price closes above it, nothing to worry for the next week. Upwards movement will begin then and a solid movement will begin from 18th February 2024. Till then, please wait.
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.
HDFC Bank - Update
Today is RBI Repo policy day supposed to start at 10. Such events create unnecessary hype in the minds of retailers. We do not have to get tempted because of that. Remember only one thing that big fish require liquidity means a lot of shares at lowest possible price and then take price up to be sold again at higher prices. There are three phases as per Wycoff. (1) Accumulation - Trend and Distribution. HDFC is at accumulation stage. Here from, real upward movement has to start. Save your money have patience, a lot of money is going to accrue in the time to come. New rally is just at the beginning in many stocks.
Now, Drawn is a line at 1419.25 at the low of 25th January 2024. Today, we have to wait and check that this is not broken and if broken regained again after retracement then only buy for upwards movement.
I will keep you posted during market hours.
Just on the technical aspect HDFC Bank is trading above 200 SMA in Weekly Time Frame.
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.
HDFC Bank Live market update
Buy above high of 2-7-24 1:22 PM candle only SL 1423.
Disclaimer: I am not a registered analyst with SEBI. Please consult your financial advisor before making any decision. It is for your educational purpose only.
Hdfc bank long term buyLong consolidation since 2021
3 years.
Sales and net profit 2X
Price at 3 year .
Leanding player in bank
Increasing REVENUE, PAT Etc.
Cup and handle pattern
2x target for long term holding of 3 years.
Not a but recommendation: do study before buy
HDFC Bank - Live Market Analysis
Buy above 1440 with SL of 1424.
Disclaimer:
I am not a SEBI Registered Analyst, please conslult your financial advisor before making any decision. I will not be responsible for any of your profits/losses. This is only for educational purposes.
HDFC mein kaun phasi? You or the operator?Beautifull cup with handle pattern
Minimum 30% from the neckline
From current price 63%
Note: Just for educational purpose
Technicals at play in HDFC BankHDFC Bank Long targets (may happen if Q3 results are favourable)
Parallel channel breakout target 1721.40
All time high retest target 1757.50
Cup and Saucer Pattern Target 1879.75
All above on play if it breaks out of the downward sloping channel
HDFC Bullish Engulfing in 30 minAs we can see HDFC is in support zone . andin 15 min we can see a morning star and in 30 min it create a bullish engulfing pattern. But here we can see volume was low.
NOTE: you can't take any trade based on pattern. you have to focus on volume also. Due to volume the pattern can fail sometime.
Fopr more confirmation we will create a red rectangle. after breaking that rectangle we will take a buying position for 1st target of 1460.
Support: 1434
1st resistance:1460
2nd resistance:1478
In intraday Don't short your position before break of 1434 support .Market may consolidate near support area.
Avoid to take any position between red rectangle.
HDFC Cypher Shark pattern- cypher shark pattern formed at weekly chart
- consider when reaches the D point (demand zone)
It is just a view, please trade at your own risk. I'm not SEBI registered adviser.
HDFC Bank
It is bearish in 1H Chart now, because trading below 100 and 200 SMA. But may get bullish in the next trading day. Use combination of 3 and 30 SMA in 1 H chart.
Sell below and levels
1423 1404 1386 1367
Buy above and levels 1447 1452 1461 1480 1500 1519
Disclaimer: I am not a SEBI Registered analyst. Please consult your financial advisor before making any decision.
Let you grow. May! I follow you
HDFC Bank (Bearish Cycle started)Hi
This is an long term forecast of bank nifty, as per neowave cycles bank nifty is making bearish cycles. For complete understanding of price action do watch the video.
HDFC - A beaten-down stock!This is not a fundamental or technical analysis.
This monthly chart of HDFC Bank shows that its a rare event for HDFC Bank to close below Ichimoku cloud top. Whenever HDFC Bank has happened in last 15 years, it has been followed with a few months of green candles.
Make your call. Buy or Hold!
Hdfc bank analysis in 15 min time frame.1460 is resistance if will be break and sustain on this label than price will go upside next resistance 1460 to 1500, if price break down side 1446.15 so price reach on support 1420 price label . market will open gap up and gap down watch price behaviour careful and take trade
HDFC Bank HDFC Bank ready to big move
Long term investment min 2 years
Please check your own analysis before investing
Target mentioned in charts.
HDFCBANK : Re-entry for about 1.25% of the net capital
I re-entered when the price retraced back to the low of the descending channel. From the current levels, a move of about 20% to the upper trendline of the higher time frame (HTF) parallel channel is expected. The current position size is about 1.25% of the net capital.
I will add to the position to sum up the total holding to 2.5% of the net capital if the price crashes to the lower trendline of the HTF parallel channel.
The current crash was mainly due to the results not meeting the street's expectations. But since there is no degrowth or any other factors affecting the long-term growth prospects of the company, this is just an overreaction by the market and will recover with time.
Previous posts regarding the same scrip is attached underneath.
HDFC Bank - Bullish Gartley / Failed ZEE / BlockBuster IREDADisclaimer:
Trading in financial markets involves substantial risks. Consult your financial advisor before making decisions. This commentary is not a solicitation to buy or sell.
WaveTalks - Market Whispers: Can you hear them?
HDFC Bank: Bullish Relief in Sight
The stock has formed a bullish Gartley pattern with a Potential Reversal Zone (PRZ) at 1375-1390. This zone, backed by historical support, offers a glimmer of hope for bulls following the recent market downturn. For a continued bullish view, it's essential that HDFC Bank holds within the 1375-1390 range.
In simple words, It's important the stock stays in this range (1375-1390) for a good chance to go up. Be careful with your trades.
ZEE Entertainment: A Missed Bullish Trigger
ZEE Entertainment failed to surpass the critical levels of 250 & 300 as suggested & didn't go up as we hoped., which were essential for a bullish move. Consequently, we had to manually close this trading idea. It serves as a reminder of the market's unpredictability and the need for vigilant trigger level monitoring.
IREDA: A Stellar Run
IREDA's performance has been nothing short of spectacular, with consecutive Upper Circuits from the purchase zone of 110-112.50. Remarkably, the stock rallied from the 114-116 area to close at 169, hitting our projected target zone of 165-175. This success story provided an exhilarating experience for those who seized the opportunity, showcasing the rewards of timely and strategic trading.
As we navigate through these market dynamics, let's stay informed and strategic in our decisions. Here's to a fruitful week ahead in the markets!
From
WaveTalks
Market Whispers
