HDFC Bank: Trading near resistance levelsHDFC Bank is looking good on weekly time frame. Stock is trading near resistance levels. Keep on radar for breakout. Can expect consolidation also as it has already given a good runup without any considerable correction in past 2 months.by khulvenaveen1
Hdfc Bank Giant iS Ready To Move BiGHi Friends, Sharing weekly chart of Hdfc bank, as we can see that price sharing a support spot where both parallel channel and rising trendline adjoined, So two things can happen from here that price can break channel and rising trendline supports after we can see a downfall towards support below Or we can see a support bounce from here. I am sharing weekly chart one can use smaller timeframe for tracking this idea. Levels Can Arrive Again- Support Break- I measured channel height in which it consolidate is 9%, so we can see a 9% downside after support break coincidentally a horizontal support is also very well placed there. Good spot to cover short positions. Support Bounce- After support bounce we can see again a 9% upmove from here and can reach again to the channel height and resistance sharing same spot. Good spot to unwind longs. This is not and trade or investment advice. This idea is meant for learning only. Best Regards happy trading- Amit by AMIT-RAJANUpdated 7575750
HDFC BANKAn Ascending Triangle in formation. Multiple attempts to break above @1715 were unsuccessful. With broader market in a bullish mode and interest shown in large cap stocks, I expect a breakout for an initial target of 2200. The vertical distance from the ascending line to the breakout level is added to the breakout level for a target of 2200.Longby MACD95
Hdfc bank long tradeHDFC BANK looking strong with SMALL S.L and decent target in intraday or 1 -2 days One can wait till trend line if entered or re-enter at trendline retest I am not sebi registered this my personal view.Longby chaitanya16923
HDFC BANK on the move HDFC Bank as per my analysis in previous post started moving you can expect target of 1950 or 2000 . it will come down a little bit you can buy on dips wait for moving average cross over of blue line crosses from below the red line you can expect spectacular move in a long RUN.Longby ayushjadhav83210
HDFC Bank (24 Dec 2023)For the past 2 years, the price has been unable to break through the resistance. However, recently, there has been a significant increase in volume.Longby ashwinjethwani14092
HDFC FORMING INVERSE HEAD AND SHOULDER CAN REACH 2000The stock has formed an inverse head and shoulder pattern on the daily timeframe the right shoulder is in it's final phase and upon reaching at the 1722 will lead to completion of the pattern followed by a breakout TILL 2170Longby keshavmaharaj9580
Important Weekly Intraday levels .NSE:HDFCBANK Hello Folks ..! I've marked all the expected important levels for the week. I have marked these levels in two ways, one Horizontal and other in the form of trend channel. Again, levels are too simple to understand, unless there is a major Gap up or down beyond these levels occur these levels will hopefully help you with your existing trading strategy and experience. I will try to keep these levels up to date so keep an eye on this. All the best Folks ! Hope you have a Profitable week.by prachitv1Updated 6
hdfc bank looking strongHdfc bank looking strong for short term small targets or till all time high.. Longby chaitanya1692Updated 0
HDFCBANK : Booked a profit of 5.13% on the invested capitalThe price has reached crucial inflection levels, and concurrent with Bank Nifty also being at levels where sellers may opt to book profits, I made the decision to secure gains and transition to cash positions. I have booked a profit of approximately 5.13% on the invested capital. While I acknowledge the potential for a move of about 6% to the channel highs, I am comfortable adhering to my instincts. I am open to a potential re-entry if the price retraces to the lower end of the channel. For additional context, please refer to the previous posts related to this position attached below. by Sniper-Traders1
Long Term investing setup for HDFC BANKThe idea is to setup the charts in such a way to co-relate the price action with respect to key financial indicators. This is just an example, you can use set of indicators that you think are suitable to buy a stock or sell a stock if it is getting expensive.by Nagarjun00070
HDFC BANK - Long until 1646 is broken Put a stop loss at 1640 and stay long. 150 and then 300 points of upward movement is possible. 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. by rekhi5671
HDFCBANK | Investment Pick📊 DETAILS Sector: Bank - Private Mkt Cap: 1,145,858 cr The Housing Development Finance Corporation Limited (HDFC) was amongst the first to receive an 'in principle' approval from the Reserve Bank of India (RBI) to set up a bank in the private sector. HDFC Bank is a publicly held banking company, the bank was incorporated in August 1994 in the name of 'HDFC Bank Limited', with its registered office in Mumbai, India. It is engaged in providing a range of banking and financial services including retail banking, wholesale banking and treasury operations. It is promoted by HDFC Ltd. which has 19.32% stake as on September 30, 2020. Currently, HDFC Bank Ltd. (HBL) is the largest private sector bank in India. TTM PE : 21.03 (Average PE) Sector PE : 23.70 Beta : 1.12 📚 INSIGHTS Mid-range performer Stock with medium financial performance with average price momentum and valuation. These stocks may be affordable and are showing some investors interest. 14.10% away from 52 week high Underperformer - HDFC Bank down by -2.04% v/s NIFTY 50 down by -0.29% in last 1 month 📈 FINANCIALS Piotroski Score of 5/9 indicates Average Financials Disclaimer: This analysis is for educational purposes only, and I'm not a SEBI registered analyst. If you found this analysis helpful, I encourage you to like and share it. Your observations and comments are also welcomed below. Your support, likes, follows, and comments motivate me to consistently share valuable insights with you. 🔍 More Analysis & Trade Setups 🔍 For more technical analysis and trade setups, make sure to follow me on TradingView: www.tradingview.comLongby Munish_JainUpdated 6625
hdfcbank long after long consolidation on daily time frame cup and handle pattern appear on chart with good volume by shirkehanmant770
Possible Cup & Handle pattern in HDFC BankHDFC bank share price has formed possible cup and handle pattern. If price decisively breaks above 1700-1710 levels with good volumes then it can cross all time high and go beyond ATH @1757 levels. Price has started trading above 0.62 fib retracement @1643 odd levels of its previous down move. Wait & watch on your list for price breaking out above 1700-1710 levels. Targets should be 1838-1900.Longby Darshit860
HDFC LONG SETUPDear Traders i am not SEBI registered this is for educational purpose Only , Entry can be planned when price retest 20 ema with bullish candle formation on DTF basis Prior taking trade Pl consider your risk and rewardLongby vishal61710
#Largecaps #HRITIK stocks Over last few weeks, there had been too many posts on SM which were shared about some of the large cap names which have provided zero return over last "x" many months. That intrigued me to understand the concept of timewise correction. The composite chart of major large cap of Nifty or as they say HRITIK (+few others) stocks suggest that they have gone through similar timewise correction cycle of of almost 26 weeks where they had provided zero return in back in 2015 to 2017 and from there on the did rallied significantly about 40-50% before showing any sign of major price correction. The current pattern from 2021 to 2023 is also very similar to what happened back then, and the current weekly closing suggest a big breakout on weekly charts, Will these stock show similar move as they did back in past is only time can tell us but as they say history always repeats itself and also as someone said " Elephants, large caps, take their own time. And, when they move, only astonishment is left .", So may be time is right for them to start leading the Indian Market The composite chart contain below stocks in it. HDFCBANK RELIANCE ICICIBANK TCS INFY KOTAKBANK ITC AXISBANK SBINLongby aktradelearning1113
HDFC Bank - Evening StarEvening Star is a bearish reversal candle formed on the prior resistance. We can see multiple confluences here like, Shooting Star, Bearish Engulfing, Evening Star and resistance all are lies on the same level indicating that seller could take control from here. Shortby Arvind_Share_Academy2
HDFC Bank: Trading near resistance zoneAfter good momentum in past 2 weeks, HDFC bank is looking tired near resistance levels. Can expect inverse head & shoulder formation here. Accordingly, we can see correction in Banknifty also if chart plays out as per expectation. Keep on radar.by khulvenaveen4
VIEW ON HDFC BANKGood Technical chart structure Breakout from consolidation of about 3 days Nearly above SEP 22 highs Target 1670/1680/1710 Stop loss 1639 I am just representing my views. For educational purpose only. Longby dakshb38391
HDFC Bank (What Next) Please read the analysis on Daily Chart of HDFC Bank. William's R% is also showing over bought situation. 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. by rekhi5674
HDFC Bank strong weekly closingHDFC Bank closed strong in weekly tight frame. Immediate target is 1750 and in case of a breakout, BankNifty will flyLongby GokulKannan86b2
HDFCBANK long term up trendAs in previous view short term trend level reached and closed but if one see Monthly chart it is in uptrend move ..one may observe for very long term to avoid up down ..with risk management level..and continue ride it's all time Upmove ..by kumardkp1235