HDFCBANK trade ideas

nirav5 Updated 

If the 5th wave is completed with the previous support of 1210 - 1225. We can expect some upside recovery. Corrective waves shown as a,b,c are just the directive guidelines. Kindly confirm at your end before initiating the trade.

tikkuk Updated 

I had taken the short position based on Head and Shoulder pattern couple of days back. Need Advise if the charting was correct or it was just a luck

Chart_Reader Updated 

On the day Chart HDFC BANK broke out from trending channel Go short with SL of 1290 to 1300

KING999

HDFC BANK NEAR ITS SUPPORT LINE SO ITS BATTER TO TAKE LONG ENTRY FOR NICE RISK REWARD ...ENTRY STOP LOSS AND TARGETS GIVEN ON CHART. REGARDS KING999

bbhalaji

HDFC bank is about to complete the ED formation after which it can correct to 38.2% levels i.e 1250 levels before it can move to further highs.

NeeteshJain

After trending channel breakout, the price action has got into expanding triangle. It shall breaks down towards previous resistance area and confirm it with new support levels. Target: 1205-1200 SL: 1250