HDFCBANK trade ideas
"HDFC BANK"HDFC Bank corrected 25% from its all-time high, Now it's trading below 1300 level it can fall further 10% to 15% more, this is the best time to start SIP in HDFC Bank
HDFCBANKDisclosure : I am not SEBI registered.The information provided here is for education purposes only.I will not be responsible for any of your profit/loss with this channel suggestions.Consult your financial advisor before taking any decisions.
HDFCBANK Weekly Gann Supp and Res LevelsHDFCBANK next week S/R important levels according to Gann Square where HDFCBANK can take support or face resistance these are very important levels we have observed from previous many years of analysis market stop and revers most of the time at or near from these levels.
these are the dynamic levels which changes on the basis of weekly closing
HDFC - At supportPrice after the reversal from the high reached the important support level. Expecting a close below the support next week and those are into bank nifty trades watch out as the important stocks are showing weakness.
hdfc on 15 min time frame hdfc on 15 min time frame making a bullish pattern
Note this is for educational purpose only not for tading
Looking weak This scrip is expected to give breakdown in the coming days. So traders keep on your radar to catch the momentum. Thanks to all 🙏🙏🙏
HDFC bank Positional Buy CMP 1529 buy till 1500 Target - 1600HDFC bank Positonal Buy CMP 1529
buy till 1500
Target - 1600-1700-1800-1900-2000-2200-2500-3000+
holding period till Dec 2022
SL below 1375
HDFCBANK- BEARISH FLAG - BEARISH - SHORTFor Educational Purpose..
Short Bellow - 1360
SL - 1410
Target - 1345, 1330, 1315, 1300, 1285
Thank You
short term target of 70 points from 1380 to 1445 From EW analysis it is evident that FLAT corrctions is ended in mid of MAY/2022 month, there by waves are evident for impulse wave 1 once its 5th wave of lower degree is completed, wait for corrective wave 2, after that sharp, steep, price action of wave 3 for good opportunity
Disclaimer:
iam not holidng any position, its only for knowledge and educational purpose only...
intraday analysisintraday analysis
Indian lending giant ICICI Bank (ICICIBANK, BOM:532174) recorded a sharp growth in its consolidated net profit for the fiscal fourth quarter ended March 31 to 77.19 billion Indian rupees ($1.0 billion) as against 48.86 billion rupees a year ago.
Earnings per share increased to 10.88 rupees compared with 6.93 rupees, according to a Saturday filing.
Total operating income in fiscal Q4 also rose to 249.99 billion rupees from 222.99 billion rupees in the corresponding quarter of the previous fiscal year.
The board of the bank also recommended a dividend of 5 rupees per equity share of face value of 2 rupees each.
Price (INR): ₹758.30, Change: ₹+10.65, Percent Change: +1.42%
HDFC Bank Reddy for Long.Now Hdfc bank is 1380
Next 7 to 12 days 1426 to 1476
Stoploss 1350
Target 1450
Just for educational purposes..
Invest on own risk..
Read chart first..
Is HDFCBANK ready for a ride?If HDFCBANK is able to form Bullish Inverted Head & Shoulder pattern, it's going to witness a quick bullish ride. To me, it seems possible this month or by mid-July.
P.S. - Please take entry only after trend reversal (refer to Upcoming pattern line in chart), else avoid.
HDFCBANK , LONGIHNS Pattern on a Day Timeframe
IHNS Pattern on a Day Timeframe
IHNS Pattern on a Day Timeframe
IHNS Pattern on a Day Timeframe
IHNS Pattern on a Day Timeframe
IHNS Pattern on a Day Timeframe
IHNS Pattern on a Day Timeframe
IHNS Pattern on a Day Timeframe
HDFC bank short positionDouble top formation.
Respecting down trend line.
Call writer gather in 1400 & 1500.
HDFC BANK AnalysisHDFC bank over all view is given. It is not recommendation, TRADE @ YOUR OWN RISK.
HDFC BankHDFC Bank
Approaching resistance.
Short Term trend is up till trading above rising trendline.
Staying above 1403 may move towards next resistance zone of 1462-1472
HDFCBANK Levels for 25-May-22(Intraday)Buy above 1322 for 6,13,20+++
Sell below 1314 for 6,13,20+++
Double pitchfork and triangle breakout
Can comment or ping me for any query or live updates
All views for Educational purpose, Trade at your own risk
HDFC near long Term SLAs per trend lines, HDFC is near Long term SL i.e. near 1280.
SL still can be extended till 1230.
Only for referral purpose.
Simple Trade Setup | HDFCBANK | 23-05-2022 [INTRADAY]NSE:HDFCBANK
Observations:
1) On 15min Time frame, we can see it gave breakout of resistance trendline.
Please refer below chart : 15min time frame.
Also we can see that range of 1330-1335 will be a neutral range if price is trading above it then it will be provide support and if price is below it then it will work as resistance.
Please refer below chart : 15min time frame.
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Trade Setup for 23-05-2022
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
