HDFC Bank has experienced a prolonged sideways movement between 1460-1400 for an extended period. However, a closer examination of the price action reveals a breakout from a descending triangle trend reversal pattern. Additionally, the price has crossed above its 50-day moving average, indicating a potential revival in prices. The MACD indicator has also moved...
Company:- HDFC Bank Ltd. Sector:- Banking M Cap:- 10.99T Technical:- On the hourly and daily chart smart money formed semetric triangle chart pattern and breakout it with heavy volume, I thik this stock is bottoming out and ready for the next leg rally. One more thing Nifty private banking and nifty bank index is also bottomed out. So if Banknifty and Nifty...
Please read the notes as mentioned on the chart. I am not a SEBI Registered Analyst.
Thr following is obeserved :- 1. MACD positive divergence just below to centre line. 2. RSI bullish at 57, can be considered bullish momentum. 3. Closed at upper end on Daily and weekly time frame. Small hurdel 1475. So, 1500 and 1560 levels can be expected in Apr series.
- trading below S1 so the profit will be more - 19th feb formed inverted hammer and the following candle moving up side so it makes the trend reversal - volume also has increased this analysis is for learning purpose only. It is just a view, please trade at your own risk. I'm not SEBI registered adviser.
Please read the notes as mentioned on the chart. Disclaimer: I am not a registered Analyst with SEBI and it is only for educational purposes. Please consult your financial advisor before making any decision. I will not be responsible for any of your profits/losses. Thank you
Please read the instructions and geometric presentation on the chart. Time candle for today is 11:18 a.m. Sell Below and targets 1402 ,1384,1365,1347 Buy above and targets 1426,1431,1440,1459,1478,1498 Disclaimer: I am not a SEBI registered analyst and it is only for educational purposes. Please consult your financial advisor before making any decision. Thank you
Please read the notes as mentioned on the chart and act accordingly. Disclaimer: I am not a registered Analyst with any National/ International agency and it is only for educational purposes. Please consult your financial advisor before making any decision.
Simple, Neat and Clean. W pattern formation + volume + good RR. Weeeeeeeeeeeee.....
On Our Harmonic pattern indicator based trade setup take trade as explained below :- Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target , When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early...
Fundamentals : Very Strong, Consistent growth on Sales, Profits and EPS. Very strong Quarter. FII and DII stake increasing! Technicals : Discounted, at Trendline support.. Good RR, near Pre Covid levels! R 1: 1510 R 2: 1600 R 3: 1720++ Support Zone : 1280-1350
HDFC Bank : 24-03-2024 On Daily chart : Structure seems to be in a Wave 4 correction. 1480 seems to a strong resistance zone. If price comes near that zone, a bearish view might help in taking a trade.
Please read the notes and geometric presentation on the chart amd act accordingly. Time candle for the next day is 3-26-24 10:29 AM, buy only above it and sell below. Disclaimer: I am not a SEBI registered analyst and It is only for educational purposes. It is only for educational purposes. Please consult your financial advisor before making any decision....
Golden opportunity for those who have not entered into the stock as yet. Wait for a level of 1446.95 Disclaimer: I am not a SEBI Registered Analyst. It is only for educational purposes.
Please read the notes as mentioned on the chart. Disclaimer: I am not a Registered Analyst with SEBI and it is only for educational purposes. Please consult your financial advisor before making any decision. I will not be responsible for any of your profits or losses.
Taking support and creating the formation after continues fall. The pattern seems bullish and accumulation happening on the level from many days. 1Day chart pattern formation.
There's a lot of narrative being played around HDFC ( break fds and put in HDFC, best stock of the decade etc ). Very naive way of thing. A quick view of the current levels Post the major breakdown ( the red candle ) The yellow arrows show the bullish weeks, you can see a bullish pullback every alternate week almost. The pink arrows show a bearish pullback...
HDFC BANK near channel low As per chart HDFC BANK is near channel Lower Band. can we expect some Bounce Back from this lower band ?