HDFCBANK | Simple channel breakout - Looks good for 30%HDFCBANK | Simple channel breakout - Looks good for 30% CMP : 1741 SL : 1550 Target : 2250 Longby srikartiram20
The current stock level of HDFC BankThe current stock level of HDFC Bank! As of the latest market data, HDFC Bank's stock price is: HDFCBANK (NSE): ₹1,445.35 HDFCBANK (BSE): ₹1,445.30 HDFCBANK (LSE): Not listedLongby EmpireCrown3
HDFCBANK - Weekly AnalysisIn the Weekly Chart of HDFCBANK , we can see that, it has become very Bullish. 1700-1720 has been major resistance for very longer time and now it has given breakout. Let it retest and then enter with SL and Targets & be ready for very First target of 2000. Expected momentums are shown in chart.by JatinManani1
HDFC BANK WEEKLY BREAKOUTAs per weekly chart set up, HDFC Bank is looking for consolidation channel breakout. The stock was trading in a range from 1300 to 1750 levels wef 2021 to 2024 almost 4 years. The stock has come into uptrend from consolidation. So, one can look for 2100 and 2400 target in next coming weeks. Longby ScienceBehindTheChart0
HDFC Bank is Bullish on Weekly Chart after Breaking 1700Hdfc Bank is Bullish on the weekly chart after breaking its 4-year Range and with volume it's moving to 1800 chances are 1800-1900 Range for some before it moves to 2000 Range.Longby alokranjann4
A Classic Breakout in HDFC BANKA classic breakout has happened in HDFC bank. It was a multiple times resistance near 1700 price range with more than one year time span. Also, its like CUP AND HANDLE pattern breakout in weekly basis. Price may reach upto lifetime high and pattern's target. Price may retest upto Handle's Low below which price is negative on sustaining basis. Follow and Stay tuned for more content. Disclaimer: This is an opinion by me for educational purpose only and is not a recommendation :-) :-) by YogeshVerma126
HDFC BANK Swing Long Update- HDFC Bank is currently trading at 1742 - HDFC bank followed my plan exactly the way I had predicted and anticipated it to play out - HDFC Bank is now approaching a decent supply zone where we can possibly see a reaction from 1764 - HDFC Bank has printed and pulled Indexes too once this starts to cool off market might give a sudden downturn move watch out Longby VKtradesimbalance3
HDFC Bank Stock AnalysisToday, we will discuss HDFC Bank stock, which is currently trading near its all-time high. If the stock breaks through its all-time high and holds above that level, it could signal the start of a new upward rally.Longby TraderChhabra0
HDFC Bank Ltd view for Intraday 19th September #HDFCBANKHDFC Bank Ltd view for Intraday 19th September #HDFCBANK Buying may witness above 1702 Support area 1685. Below ignoring buying momentum for intraday Selling may witness below 1685 Resistance area 1700-1702 Above ignoring selling momentum for intraday Charts for Educational purposes only. Please follow strict stop loss and risk reward if you follow the level. Thanks,Longby EmpireCrown2
Trading opportunity coming up in HDFC bankThe US feds have cut the interest rate by 0.5% triggering pivot for all major central banks. How ever RBI's stance will depend on inflation levels in india. Even though rates are slashed in near tern by RBI its impact will be seen only in the coming 6-12 months period. HDFC bank has shot up today breaching Rs. 1700/-. Good time to sell call option or maybe a swing spreadShortby manishbalmuchu1
HDFC BankImportant points are marked. 𝐃𝐢𝐬𝐜𝐥𝐚𝐢𝐦𝐞𝐫: 𝐈𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭 𝐢𝐧 𝐬𝐞𝐜𝐮𝐫𝐢𝐭𝐢𝐞𝐬 𝐦𝐚𝐫𝐤𝐞𝐭 𝐚𝐫𝐞 𝐬𝐮𝐛𝐣𝐞𝐜𝐭 𝐭𝐨 𝐦𝐚𝐫𝐤𝐞𝐭 𝐫𝐢𝐬𝐤𝐬, 𝐫𝐞𝐚𝐝 𝐚𝐥𝐥 𝐭𝐡𝐞 𝐫𝐞𝐥𝐚𝐭𝐞𝐝 𝐝𝐨𝐜𝐮𝐦𝐞𝐧𝐭𝐬 𝐜𝐚𝐫𝐞𝐟𝐮𝐥𝐥𝐲 𝐛𝐞𝐟𝐨𝐫𝐞 𝐢𝐧𝐯𝐞𝐬𝐭𝐢𝐧𝐠. 𝐒𝐭𝐨𝐜𝐤𝐬 𝐬𝐮𝐠𝐠𝐞𝐬𝐭𝐞𝐝 𝐢𝐧 𝐭𝐡𝐢𝐬 𝐠𝐫𝐨𝐮𝐩 𝐚𝐫𝐞 𝐟𝐨𝐫 𝐞𝐝𝐮𝐜𝐚𝐭𝐢𝐨𝐧 𝐩𝐮𝐫𝐩𝐨𝐬𝐞. 𝐖𝐞 𝐝𝐨𝐧𝐭 𝐦𝐚𝐤𝐞 𝐚𝐧𝐲 𝐩𝐫𝐨𝐟𝐢𝐭𝐬 𝐟𝐫𝐨𝐦 𝐭𝐡𝐢𝐬 𝐫𝐞𝐜𝐨𝐦𝐦𝐞𝐧𝐝𝐚𝐭𝐢𝐨𝐧𝐬 𝐞𝐯𝐞𝐫𝐲𝐭𝐡𝐢𝐧𝐠 𝐬𝐡𝐚𝐫𝐞𝐝 𝐡𝐞𝐫𝐞 𝐚𝐫𝐞 𝐜𝐨𝐦𝐩𝐥𝐞𝐭𝐞𝐥𝐲 𝐨𝐟 𝐟𝐫𝐞𝐞 𝐨𝐟 𝐜𝐨𝐬𝐭. Longby sreekumars2
BANK NIFTY - HDFC BANK \ ICICI BANK \ AXIS BANK - IMPACT US Fed Meeting: Rate Cut Expectations Drive Optimism for Indian Banks As the US Federal Reserve meeting progresses, market experts are increasingly optimistic about an impending rate cut. This anticipated reduction in interest rates is expected to have a ripple effect across global markets, with India standing to gain significantly. Among the biggest beneficiaries could be the Indian banking sector, particularly major players like HDFC Bank, ICICI Bank, Axis Bank, and State Bank of India (SBI). Why a US Fed Rate Cut Matters A rate cut by the US Fed signals a shift towards a more accommodative monetary policy. Lower interest rates typically make borrowing cheaper, which stimulates spending and investment. Additionally, a rate cut tends to weaken the US dollar, making emerging markets, including India, more attractive to foreign investors. Impact on Indian Banks Indian banks, especially HDFC Bank, ICICI Bank, Axis Bank, and SBI, are likely to benefit from this scenario. Here’s how: Increased Foreign Investments: A US Fed rate cut could lead to greater inflows of foreign capital into Indian markets. Lower returns in the US often prompt global investors to seek higher returns in emerging markets like India. This capital inflow would strengthen the financial positions of major Indian banks, especially those with strong fundamentals. Boost to Lending Activity: Lower global interest rates make it easier for banks to borrow at lower costs, which allows them to lend more at competitive rates. This boosts credit growth, which is particularly beneficial for large private banks such as HDFC Bank and ICICI Bank, which are key players in both retail and corporate lending. Strengthening the Rupee: A potential rate cut may weaken the US dollar, leading to a stronger rupee. This would reduce the cost of imports and help companies dependent on foreign goods or services, potentially reducing non-performing assets (NPAs) for banks. Positive Market Sentiment: Banking stocks often respond positively to easing monetary conditions. As investor confidence grows, so will the stock prices of prominent banks. Axis Bank and SBI are likely to see an uptick in investor interest, leading to higher valuations. Expert Outlook Experts across the financial sector are bullish on Indian banks, given the US Fed's potential move towards lower interest rates. Key points to note include: HDFC Bank: Known for its strong balance sheet and market leadership, HDFC Bank is expected to see a significant uptick in both stock prices and lending activity. ICICI Bank: With a solid performance in both retail and corporate banking, ICICI Bank is expected to benefit from an influx of foreign capital, helping it to expand its loan portfolio further. Axis Bank: Positioned as a major player in the private banking sector, Axis Bank could see a boost in credit growth and profitability with increased foreign investment. SBI: As India’s largest public-sector bank, SBI’s exposure to various sectors makes it a prime candidate for benefiting from increased lending and a stronger economic outlook. Conclusion As the US Federal Reserve inches closer to a potential rate cut, Indian banks stand to gain immensely from the global monetary shift. With strong fundamentals, these banks are well-positioned to attract foreign investment, boost credit growth, and improve overall profitability. Investors and market watchers should keep an eye on HDFC Bank, ICICI Bank, Axis Bank, and SBI as the rate cut looms, potentially leading to a new wave of optimism for the Indian banking sector. For further reading and real-time updates, you can explore: Federal Reserve - News and Announcements HDFC Bank Financial Reports ICICI Bank Investor RelationsLongby shivtoshiva20221
Potential Gap Filling NSE:HDFCBANK is Looking Good to fill the gap made on daily charts with the FED giving Rate Cuts Today and the Bullish Sentiment of Banknifty Today. I won't be surprised if it tests 1800 Levels Again. Keep a Watch. Longby Karanshah1374
HDFC Bank looking Bullish👑HDFCBANK👑 HDFC Bank looking Bullish. If 1690 level breaks and Sustains, We Can See 1730, 1760, 1800, 1850 & 1900targets in Coming Sessions. hdfc bank Sent by Copilot: HDFC Bank’s stock is currently trading at ₹1,649.45 on the NSE1. The stock has a 52-week high of ₹1,794.00 and a 52-week low of ₹1,363.552. For technical analysis, here are some key levels: Support: Around ₹1,630 Resistance: Around ₹1,650Longby EmpireCrown6
Hdfc bank is on Bullish Rectangle Pattern and volume is highHdfc bank is on a bullish Rectangle pattern and also volume is high on weekly chart from 28 Aug so looks bullish Disclaimer - chart is for education purpose onlyLongby alokranjann1
HDFC Bank Share Analysis: Fundamental Analysis: Market Cap: 1270035 crore ROE: Slightly higher than ideal, indicating strong profitability. Advance Growth: Significantly improved from the last quarter, a positive sign. Liquidity Ratio (Credit to Deposit Ratio): Slightly higher than ideal, suggesting potential liquidity concerns. CASA Ratio: Decreasing since last year, though not critical for liquidity. Profitability: The bank remains profitable based on its balance sheet. FII/DII Holding: Slowly decreasing, a negative factor. Technical Analysis: All-Time High: 1794 Consolidation Phase: Currently in the range of 1600-1670. Future Direction: The stock's next move is uncertain, pending a breakout from the consolidation range. Overall Assessment: While HDFC Bank shows strong profitability and improved advance growth, concerns arise from its liquidity ratio and decreasing FII/DII holding. The technical analysis indicates a consolidation phase, making it difficult to predict the immediate direction. Investors should closely monitor these factors and consider their risk tolerance before making investment decisions. Additional Considerations: Industry Trends: Analyze the overall banking sector's performance and regulatory environment. Competitor Analysis: Compare HDFC Bank's performance to its peers. Economic Indicators: Consider factors like interest rates, GDP growth, and inflation. Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Investors should conduct their own research or consult with a financial advisor before making investment decisions. by ayushishri555
HDFC Bank.. can this legend gain momentum???Hello 👋 It's a High weightage Nifty 50 stock * Stock is in strong hands as FII & DII holds major stake * Currently stock is in tight range of 1620 - 1670 since few weeks * Monthly/weekly TF classical double bottom pattern made..( any breakout above the previous high which is 1794 stock can gain good momentum..but for that it should be sustain above 1700 as there is supply zone ) * Looks like volumes are growing slowly as it's in accumulation fase * Rsi inclined also broken previous swing.. another positive point * Also there is a gap 1724 - 1685 If this one filled with strong Move .. again it's became a good momentum. Overall HDFC Bank is trading in narrow range since longer period of time.. it's needed a strong comeback to gaining momentum... It's my view plz DYOA. No buy or sell recommendation 🙏 Please boost my idea if you find it useful 😉 Thank you. Longby ajnil874
HDFC BANKHDFC bank will shows good price movement above 1675 level. I think updrend will continue upto 1794 to 1850 level according to chart pattern.Longby rakeshkumarchandra912
HDFCBANK // Levels // 1 hour "Welcome to SkyTradingZone " Hello Everyone 👋 HDFC Bank (HDFCBANK) on a 1-hour chart Support Levels: Around 1637.93 and 1633.211. Resistance Levels: You might want to look at recent highs for potential resistance points, but specific resistance levels weren’t detailed in the sources. Trend Analysis: Check if there is a clear trend (upward, downward, or sideways). Short-term trends can provide insights into the stock's immediate direction. Technical Indicators: Utilize technical indicators such as Moving Averages (e.g., 50-hour or 200-hour MA), Relative Strength Index (RSI), or Bollinger Bands to understand momentum and potential reversal points.Longby SkyTradingZone2
Hdfc Bank 1600 level to testHdfc bank is consolidation in this range for long time now tried few times to go above did not show enough strength to sustain. Expected levels to test in comming days is 1600 area where it can take support with good demand zone also exists there. Educational purpose only please do your own analysis on it before taking any call on it.Shortby rakeshreddymUpdated 8818
Hdfc bankAfter long consolidation Stock is ready for break out Once cross 1665 can surge Btst 1680 ce oiLongby nitishsh9991
HDFCBANK // Levels // 1 hour "Welcome to SkyTradingZone " Hello Everyone 👋 Technical analysis can help identify potentially favorable conditions for a transaction. It can be used to spot trends in an asset's price over a set period of time. Here's some other information about HDFC Bank: Support and resistance According to Invest tech , HDFC Bank has support at 1600 rupees and resistance at 1727 rupees. Resistance Levels: R1: ₹1,670.00 R2: ₹1,690.00 R3: ₹1,710.00 Support Levels: S1: ₹1,650.00 S2: ₹1,630.00 S3: ₹1,610.00Longby SkyTradingZone4
Hdfc Bank Date 09.09.2024 Hdfc Bank Timeframe : Day hart Remarks : Looks like ready for breakout Formed symmetrical triangle at wave 4 retracement & now closing above the pivot (Fibonacci) above S1. Once breaks out the cloud then next target is upper Fibonacci range. Keep 60 ema as trend based day to day stoploss or trail method. Regards, Ankur Longby AnkurSingh1