HDFC BANK NSE:​HDFCBANK

#HDFCBANK CASH 15 APRIL 2019 GOOD BUY AROUND 2280-2284 SL 2272 TARGET 2292/2302/2314 CMP 2288

MONEY FLOW HAS STARTED AT 28 AND IS NOW AT 38. AT 28 THE PRICE WAS 2233. BASED ON TECHNICALS AND MONEY FLOW LEVEL, IT IS EXPECTED THAT HDFC BANK WILL SURPASS EARLIER HIGH OF 2333 AND GO TOWARDS 2450+ LEVELS.

HDFCBANK went critical gave sudden closing below 20DMA & formed Shooting Star, look for opportunities either side of upper drawn consolidation zone. if you have any queries regarding above idea or any other stock feel free to D'M Recently we launched, TruStox Community a community driven platform for Traders with almost all features that a trader needs. Here...

HDFC bank had a good rally. Stock had moved almost 12.75% from nearest swing point low of 1210. However stock looking weak at top due to profit booking. Its showing 3 black crows kind pattern in HeikinAshi daily charts. Overall banking sector is overbought. RSI is falling. MACD is giving a bearish crossover on daily charts. Stock has been facing strong resistance...

Levels are mentioned on chart. Open to discuss here. we believe that discussion will bring more informative information for the same. For more ideas. please keep in touch and follow us Thanks!!

Between two trend lines taking support below Line

Short

hdfc bank bullish

HDFC BREAKOUT TIME

After a sharp dip due to the block deal the stock looks ready to bounce to 2279. Keep stops at recent low of 2231

Monthly chart is looking weak, parabola curve. may head lower if support broken.

Refer charts

Support around 2212. May rebound from support as long as 2195 is not broken on closing basis.

Buy HDFC BANK above @2332

HDFCBANK is potentially forming a Rounding Top after the breakout, volume is decreasing, RSI may face a rejection from the trendline. This is not a recommendation for Buy or Sell. Just plain view. I started my own telegram channel to save my charts, if anyone interested to see my charts can see there - t.me The sole purpose of telegram...

LEVELS ON CHART B = BUY ABOVE S = SELL BELOW T = TARGET BOOK 70% ON FIRST TARGET REST TRAIL

Long if it breaks the high of the previous day with a stop loss at the previous day's low. Short if it breaks the low of the previous day with a stop loss at the previous day's high. In case of gap up above the previous day's high or gap down below the previous day's low, please avoid buying it or selling it respectively. Follow the ending of the candle formed...

BUY above 2325 for targets 2380.75, 2399.30 stop below 2287.85.