Short below 1578, Target 1300HDFC Bank ready to free fall towards 1300, Wait to close below 1578 in daily basis
0A7I trade ideas
HDFC Bank | September Expiry | Option Hello friends,
Today i am posting #hdfcbank next month expiry trade.
Since last 2 weeks market is bearish so now it should hold for bound back or hold here because Hdfc is taking support near 1600 - 1680 around so it would be good chance to take trade on bullish side this week.
If it cross and close above 1600 then it will take good move up side. so keep this stock in your list and trade within your analysis on this stock.
I am going to buy 1600 Sept CE tomorrow to hold for long one or two week as per my bullish direction view but you must analysis your own and then take trade on your risk.
*It's not suggestion to any one but only my analysis view for this stock. Take risk by your own understanding.
Like | Share | Comment.
HDFCBANK at great price to accumulateHDFCBANK price is trading at below 200 SMA and available at a demand zone in SMC strategy.
Stock has not given any significant returns after doubling its profits and revenues and is in consolidation at a range since last 2 year.
Short term target is next resistance line. Mostly it should give much more run up with Nifty making new highs.
HDFC BANK looking good for both side HDFC BANK looking good for both side if sustain the marked label .
WOLF WAVE PATTERN IN DAILY TIME FRAME Hdfc bank forming WOLF WAVE PATTERN IN DAILY TIME FRAME and going to touch A.D trend line near 1480 levels
HDFC Bank to Retrace upto 1620 before breaking downHDFC Bank has to Retrace upto 1260 before it break down for healthier correction.
Also it took 200 EMA support. Not an easy way to break down next day.
Hope it should Retrace for better price correction.
HDFC preparing for reversal on daily charts Idea is for study purpose only and trade only on your research, as per me HDFC Bank is preparing for reversal on daily charts as per me it has marked its third higher low of the trend and reversal is on the cards..
Target :- 1631; 1662: 1692
SL:- 1578
HDFC Bank - Buy above Rs.1620.1
The Author uses Gann, Fibonacci and Wave Analysis along with his own unique and amazing indicator which remove complex Price- Time and Volume Analysis. It helps in investing, swing trade and intraday as well.
Long - HDFC Bank above 1620.1 and expect a level of 1700 in the long run. The solid white line extended by the red solid line shows the long- term trend.
Swing Trade: Refer to the one hour chart above, buy at level 'c' of the preceding wave and expect a target of level 'e' of next two consecutive waves.
For Execution please other indicators like: Williams %R, EMAs and other indicators of your choice.
Disclaimer: The Author is not a SEBI Register Advisor. This content has been created only for educational purpose only Before, making any decision please consult your Financial Advisor. Author will not be responsible for any of your losses or profits.
Happy to share. Let's grow together.
HDFCBANK Break Out
Going Long on cross of 1638-40 with SL of 1588.
Target: 1790
RR: 2.94 with Target around 9.2% while SL at 3.13%
Looks good on daily and weekly.
It looks like a VCP BO and also like a Flag and pole on weekly
RS RSI and Moving Average all are looking in uptrend.
If at current position, long entry is done through futures,, then use 1540 PE Buy along with future, once it crosse above 1540(on Spot) and sustains then close future or keep it if don't want to take extra risk.
PS: This is my first idea being published on TradingView. Please consult your financial advisor before taking any decision related to buy and sell.
Head and Shoulder in HDFC BankHead and Shoulder in HDFC Bank ... Target of Rs. 2050 till December which is about 24 % from current Levels.
HDFCBANKENTRY TARGET SL Mention in the chart.
ALWAYS TAKE TRADE WITH CONFIRMATION
Note : Trading in any financial market is very risky. I post ideas for educational purpose only. It is not financial advice. Do not hold us responsible for any potential loss you may incur. Please consult your financial adviser before trading.
HDFC bank short swing Trade HDFC Bank swing Trade for short term trade with risk reward of 1:2.5 ready to buy above green bullish candle.
HDFC BANK, GUNNING FOR GROWTH!!!BUY - HDFC BANK
CMP - Rs. 1643
Target - 1: Rs. 1913
Target - 2: Rs. 2192
.
.
Technicals - Ascending Triangle
.
This is just a view by an expert analyst, please invest at your own risk.
.
Follow me for more!
hdfc at crutial level watch and waittrend line brekout
hdfc bank at support adn its holding now wait and watch , which ever way the trend goes go with the trend
HDFC Bank: A Good Stock for the Long TermHDFC Bank is the largest private sector bank in India and is expected to report strong earnings tomorrow. The stock is currently trading at a premium to its fair value, but it is still a good stock to own for the long term.
Here are some of the reasons why HDFC Bank is a good stock to own for the long term:
Strong financials: HDFC Bank has strong financials with a high capital adequacy ratio and low non-performing assets.
Good growth prospects: HDFC Bank is well-positioned to benefit from the growth of the Indian economy.
Dividend yield: HDFC Bank has a good dividend yield, which provides investors with a steady income stream.
Here are some of the risks to consider before investing in HDFC Bank:
High valuation: HDFC Bank is currently trading at a premium to its fair value.
Regulatory risks: The Indian banking sector is facing some regulatory risks, which could impact HDFC Bank's performance.
Interest rate risks: HDFC Bank is exposed to interest rate risks, which could impact its profitability.
Overall, HDFC Bank is a good stock for the long term. However, investors should be aware of the risks before investing in the stock.
Trading Strategy
The following is a trading strategy for HDFC Bank:
Entry: Buy the stock at 1640.25.
Stoploss: Sell the stock if it falls below 1610.40.
Target 1: Sell the stock if it reaches 1670.10.
Target 2: Sell the stock if it reaches 1703.
This is just a suggestion and you should always do your own research before making any trading decisions.
Potential Ascending triangle upside breakout in the makingHDFC Bank chart parting is suggesting a ascending triangle formation. Since price is forming higher lows after every rejection from same resistance, the probability of an upside breakout is increasing.
HDFC Bank Two possibilities if it shows rejection at supply zone then it will come down to demand zone
HDFCbank Getting Ready for 1680 Levels ?HDFC bank has created inverse H&S in 15 Mins TF .
Breakout has already happened if retests and gives buy should go toward 1680
Keep an eye on
HDFC bank on the verge of a breakout !!The chart speaks for it self. keep holding, its in a continuation pattern, might give an explosive breakout to 2000 levels. keep adding more here. Cheers !
PRE MARKET ANALYSIS FOR NIFTY AND BANK NIFTY FOR 04 AUG 202304 Aug 2023
WORLD MARKETS
1. World markets are looking bearish an dtrading in red.
INDIA VIX AND GIFTT NIFTY
1. India VIX is above 11 indicating high volatility and fear.
2. GIFT nifty is flat as of 2000 Hrs.
INDEX HEAVY WEIGHTS
1. HDFC Bank has resisitance at 1640. Any break of 1640 will take us to 1643. Strong support can be seen at 1620.
2. ICICI Bank is bearish. 971 is a strong resistance. Support can be seen at 958.
3. Reliance has strong resistance at 2488.Break of 2460 is very bearish.
ANALYSIS
1. World markets are looking bearish.
2. India VIX is above 11 indicating fear.
3. Index heavy weights are also looking bearish indicating more downside in indices.
TRADING PLAN
1.NIFTY OPEN FLAT: Any rally to 19450 is a sell . However if nifty settle between 19350 - 19400, then no trade.
2.NIFTY OPEN GAP UP: Any gap up to 19450 and weakening is a sell for a tgt of 19350 - 19300.
3. NIFTY OPEN GAP DOWN: Any gap down below 19300 is bearish for a tgt of 19245.
4. BANK NIFTY OPEN FLAT: Any rally to 44750 and weakening below 44700 is a sell for a tgt of 44300.
5. BANK NIFTY GAP UP: Any gap up above 44900 is bullish.
6. BANK NIFTY GAP DOWN: Any gap down to 44300 and break below 44050 is a sell for a tgt of 43765.
I AM NOT A SEBI REGISTERED TRADER. THIS INFORMATION IS FOR EDUCATIONAL PURPOSES ONLY. PLEASE CONSULT YOUR REGISTERED FINANCIAL ADVISOR FOR ANY TRADE RELATED QUERY.
