HDFC BANK SWING TRADEAs we see HDFC BANK is on very crucial area .We can go long either side as per the price action .by yashjikathpal1
Near Demand Zone. Educational Purpose Only..HDFC Bank is near its Demand zone. (Support Level) Good Levels to accumulate such good fundamental stocks for Long Term.. Educational Purpose Only..Longby shitenshah3
[Diary] Experimentation with a new indexThe above chart shows comparison between nifty and an index which is made of 50% sbi and 50% hdfc 50% sbi and hdfc outperformed nifty. Anyways, thought of showcasing it for future reference for myself. by Amit_Ghosh4
#HDFCBANK A complex topping out pattern. Expected tgt marked in yellow. Still a crowd favorite. BTFD. Longby Mayur-Shah1
[DIary] HDFC Bank Price Action OverviewNote - One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all. ======= I use shorthands for my trades. "Positional" - means You can carry these positions and I do not see sharp volatility ahead. (I tally upcoming events and many small kinds of stuff to my own tiny capacity.) "Intraday" -means You must close this position at any cost by the end of the day. "Theta" , "Bounce" , "3BB" or "Entropy" - My own systems. ======= I won't personally follow any rules. If I "think" (It is never gut feel. It is always some reason.) the trade is wrong, I may take reverse trade. I may carry forward an intraday position. What is meant here - You shouldn't follow me because I may miss updating. You should follow the system I share. ======= Like - Always follow a stop loss. In the case of Intraday trades, it is mostly the "Day's High". In the case of Positional trades, it is mostly the previous swings. I do not use Stop Loss most of the time. But I manage my risk with options as I do most of the trades using derivatives. =======Longby Amit_Ghosh5
No support is proving support for HDFC BankHeavy selling in HDFC Bank is continuing on day to day basis. The stock is in red based on Smoothed Heiken Ashi, Follow Line Indicator, and Supertrend line in all the charts for 5 min, 15 Min, 30 Min, 1 Hr, 4 Hr and Daily chart. Gann Square of 9 support levels of 1390 is broken today. Following support levels based on Gann Square of 9 are 1330 and 1270.by abhiquiet1
Be readyKeep your money in your pocket to buy this bull, I'm the next bull market it will give us a zigzag return There is a high probability that today it will touch to the support level buy in small qualities. 🍻🍻Cheers🍻🍻by Thunder00340
HDFC bank symmetrical pattern its clearly 15 min symmetrical triangle pattern which will give upside or downside trend depend on which side brkout will give next day. If its open in gap down we will buy PE of spot price and With open with gap up the we can buy CE or stocks at Spot price. Which will give you more than 25-45 point moment in next day. both side order has on..Longby rpshirsat241
HDFC Bank gave a gap-down opening and trying to recoverHDFC Bank gave a gap-down opening from its previous close on Friday and went down till 1414 and reversed from its support levels of 1413 based on the Fibonacci study. The stock is clearly in a bearish phase, with 50 DMA hovering below 200 DMA. Supertrend, Smoothed Heiken Ashi, and Follow Line indicators are red zone, further strengthening the bearish view in the stock. GANN Square of 9 is giving resistance levels of 1450 and 1510 and support levels of 1390 and 1330. Combining the Fibonacci levels with GANN Square of 9 stock has significant support levels of 1390-1413.by abhiquiet0
Around Support - Keep Accumulating!!AVWAP always acts as a support and resistance. HDFC Bank is still strong till it is trading above its nearest AVWAP. If broken we can see selling till 1250 which is next AVWAP support. 1450-1550 is accumulation zone for the stock. Can Accumulate with Long Term View Longby mastermukund44413
HDFC Bank Bird Pattern. LONGThis is a new nomenclature, a pattern by me. A Bird Pattern. Whenever you see a bird in the charts, its an indication that scrip is about to fly. Though there are other technical reasons for scrip to go up, but this looked nice to share with community. Expect 20-26% upside movement. Highly bullish.Longby UnknownUnicorn248878000
HOW TO AVOID FAKEOUTS AND PROTECT YOUR CAPITALTaking A Right Breakout Trade Can Be Really Benifical, But What If It Is A Fake Breakout , Than It Will Be A Real Pain .... There Is No Way One Can Completely Avoid All The False Breakout , But It Is Possible To Avoid Most Of Them With Certain Strategies ,Which We Are Going To Talk About In This Post . . So, Lets See How To Not Trade A Breakout And Avoid Fake Breakouts... . . . Types Of Breakout :- Trendline Breakouts Pattern Breakouts (Parallel Channel ,Triangle.....) All Time High Breakouts Support And Resistance Breakout These Are The Basic Types Of Breakouts That Are Majorily Traded Around The World .So We Will Countine Our Discussion Taking Above Types Into Consideration . Breakout :- When The Price Of A Particular Stocks Closes Above A Price Zone (Support & Resistance ) Which Is Previously Tested By The Stocks Many Times . Fake-Breakout :-When The Price Of A Particular Stocks Fails To Sustain Its Position Above The Support Or Resistance Level And A End Up With A Reversal .A False Breakout Happens When There Are Not Enough Buyers To Continue The Trend In Breakout Direction. **************************** Look For These Things To Make Your Breakout Successful Candlestick Pattern Volume RSI Indices Support And Resistance . . . Candle Stick Assuming that you already know about the bacis of candle , look if there is bullish or bearish candles at the time of breakout . . . Rsi check the levels of rsi , check wheather if it is in the overbought(>80) region or oversold(<20) region . RSI below 40 a good for breakout , and above 70 is unhealthy for a breakout . Also check for the divergence RSI indicating . . . . Volume Look for volume buildup at the time of breakout Indices You Can Also Look For Nifty Or Bank Nifty Index Or Particular Sectoral Index Like If You Are Planning To Take A Breakout Trade In Hdfc Than Look At The Charts Of Banknifty Also , Like If It Bullish Or Not , If It Bearish Than Dont Take Trade With Your Full Capital Instead Trade With 50% And Add Another 50% At The Of Retest Or Look For Pullback At Lower Timeframe , Assuming All Above Factors Candlestick, Rsi, Volume Are Favouring The Breakout . Support And Resistance Instead of drawing a suppport and resistance a single flat line always draw a price zone indicating support and resistance zone covering the shadows of the candle You Can Also Use Ema And Couple It With The Above Factor To Add A Extra Confidence To Your Analysis . . Some Other Key Factors ... 1)Market Will Give You Infinte Oppourtunities So Dont Take Trade Based On Emotions . 2)Dont Enter A Trade If Your Price Is Already Went High . 3)If Price Is Moving Rapidly In One Direction And Then Breakout Happens Than Wait For A Reversal And If The Price Consolidate On Lower Time Frame Berfore The Breakout And Then Gives A Breakout There Are Less Chances That It Will Retest The Breakout Levels So Enter As Soon As You Got The Opppourtunity 4) Last but not least never stop learning and keep grinding HOPE YOU HAVE ENJOYED THE POST , WISH YOU A HAPPY TRADING JOURNEY AHEAD Editors' picksEducationby himanxu_yadav117117 1K
#HDFCBANK harmonic magic#HDFCBANK next bullish harmonic PRZ-1369 Sl-1336 CMP:1468 @ 7 February 2022Longby Shiv_Singh1
10% BREAKOUT IN HDFC BANKHERE, you can see the price has crossed the previous resistance level and expecting to give 10% return from here CMP- 1551 TARGET- 1700 STOPP LOSS- 1480by anshitpandey45Updated 1
HDFC Bank symmetrical triangle Hdfc Bank Forming Symmetrical Triangle on hourly chart may break any side, good opportunity to trade 00:24by gurjar3360
HDFCBANK - Rounding Bottom + Symmetrical Triangle - Swing TradeThe analysis is done on daily TF hence price may take few days to few weeks in order to reach the targets. Trade setup is explained in image itself. The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade Checkout my other ideas to understand how one can earn from stock markets with simple trade setups. Feel Free to comment below this or connect with me for any query or suggestion regarding this stock or Price Action Analysis.Longby TradewithAditya6