Will initiate sell call on HDFC Bank only bellow 1733 fro target 1713/1705 with SL: 1755
This is weak stock , Bearish Harami in Day Candle , it may go up little , i will sell on rise and book down
I'm going long tomorrow in HDFCBANK
A break of current support level will drag the stock down to 1700. If it bounces, watch out for the trend line above as well. It's better to stay sidelines until any of the trendline is breached. I would prefer to go long now with tight stop.
Buy above 1778 with the stoploss of 1770. Targets are 1810, 1822 and 1845.
There are degrees of Elliott Waves starting downwards. I am giving the relevant ones 1. Cycle I 2. Primary ((1)) 3. Intermediate (1) 4. Minor 1 5. Minute ((i)) 6. Minuttee (i) 7. Sub minutte i ii iii iv v 8. Micro ((1)) 9. Sub micro (1) 10. Minuscule 1 ** (( )) means circled. Here we are looking at the completion of sub minutte iii and start...
There are degrees of Elliott Waves starting downwards. I am giving the relevant ones 1. Cycle I 2. Primary ((1)) 3. Intermediate (1) 4. Minor 1 5. Minute ((i)) 6. Minuttee (i) 7. Sub minutte i ii iii iv v 8. Micro ((1)) 9. Sub micro (1) 10. Minuscule 1 ** (( )) means circled. Here we are looking at the completion of sub minutte iii and start...
NSE:HDFCBANK is set to retest its previous highs ,correction is over in it .
Shorting a bank in this bullish run has high chance of shorting your capital but I am taking the bet to short HDFCBANK Aug 1860 CE with current CMP at 11.5 based on the harmonic pattern I see in its monthly chart.
HDFCBANK just completed a cup, testing liftime high of 1716, a bit of retrace after a long move up is expected, Probably making a Handle. A breakout above lifetime high level can bring a good move up Continuing its continuous lifetime rally up. I think this is one of those stocks whose status was never changed to SELL. Its been a BUY since day one.
be cautious ahead of result, HDFC bank result on Monday, Divergence in RSI suggest that we may see some correction in price. on 21st July stock attempted to cross 52week high of 1715.60(BSE) but it failed.
HDFC Bank has been trading in a Channel, hourly time frame. With Stock falling again from the top of the channel, looks like stock will slowly move towards 1630. One can short at current levels with stop at 1665 for a target of 1630.
Hello traders Since the stock has broken an important trendline and trading below the 55 EMA some correction might follow. Watch for a short opportunity in the 1480-85 zone with SL above 1495 for the target of 1457 and 1444. Trade safe Hit like if you agree with the idea Regards Afraidtotrade
HDFCBANK is showing a negative divergence at RSI & ELLIOT. RSI is at highly overbought zone . Trend Reversal Candle stick pattern has formed in INTRADAY CHARTS in almost all TF. One can short at Cmp of1680 TGT- 1620&1590 SL- 1702 Risk Reward 1:3 So its worth taking!
after a up move stock is trading narrow stock might up move soon one can look into the stock above 1465 for a target towards 1665/1675 with sl placed around 1629
as the trend is following box breakout rule and trend breakout,we can use the two rules further if the trend follows the same pattern. As i am new to this concepts please help to improve my observation further.
Confluence Looks like double top RSI bearish divergence RSI Overbought Slightly looks like rising wedge