FOUND A GOOD SETUP IN HDFCBANK, CAN TADE IN 30Mm TF , Risky trade place small sl
Expecting HDFCBANK to move upside if crossed mentioned level as it seems its about to break the uptrend
HDFCBANK is currently consolidating in a falling wedge pattern. It’s also generated maximum profits ever in the Dec 21 Quarter. Down close to 10% from its recent high. Let’s wait for a breakout with volumes for the first target of 1560. A retest to 1465 can’t be ruled out after the breakout on account of some global events.
Converging trend lines characterise the consolidation period of pennants , which can last anywhere from one to three weeks. Pennants are structurally similar to flags. The volume of the pennant during each period is also critical. During the breakout, the initial move must be met with a large volume , followed by a large increase in volume during the pennant's...
HDFC BANK with its Downtrend Failed to Form Lower Low which is one sign it will reverse and get into Uptrend, However the same has been confirmed on MacD as there is clear Divergance. Target and stop loss drawn. SL can be moved as per market Volatility. Enter only after Trend line on upside Brakes. NSE:HDFCBANK
#Hdfcbank cash 17 Feb 2022 Looks good sell below 1498 stoploss 1515 Target 1476-1480/1462 Cmp 1506.50
Now HDFC BANK is consolidating but can give good move and targets at the particular levels.
Probable HDFC Bank price pattern is shown on the chart. After a small pull back the price can have a impulse mode from there. Always one should keep saving capital as first target and then second target as making profit.
Dear Friends, Refer chart for tomorrow stocks Algo.. we have select four stocks for tomorrow market based on Analysis. Regards Kirit Chavda
#HDFCBANK Buy-Above 1500 Sl-1470 T- 1580 1615 1690 All NIFTY pack is ready for a fresh move. Reliance Titan HDFC Bank And many stocks are ready to pull Index. RR is too good here.
HDFC BANK is in consolidation for a long time and the symmetrical triangle pattern at 200 EMA shows that accumulation is in place. We can plan our further trades on the upside if Symmetrical triangles boundaries gets breached with volumes. Disc: Chart posted only for educational purpose.
HDFC Bank is on the verge of breaking out the trendline and looks good buy if sustains above 1525 for the upper marked targets on the chart. Note: Would recommend you keep low qty as the Russia Ukraine issue is causing high volatility in markets. To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
Stock coiling up well and ready to break and can go channel top as shown on chart...plan accordingly.
HDFC - may start on a gap down tomorrow and if goes below 1500 - it may go beyond and test 1440 levels Note - this is just for educational purpose , don’t trade on basis of this analysis
NSE:HDFCBANK #NSE:HDFCBANK bouncing from the same support and created new support and resistance, Both marked on chart. Trade accordingly, Still got any doubts can ping me.
Chart is self explanatory. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations.
HDFC BANK LONG After time correction ready for upmove. Target - 1680 - 1745
Script : HDFC-BANK SL 1430 Breakout above 1540, Targets : 1570/1675/1720++ >> NOTE : I’M NOT RESPONSIBLE FOR YOUR PROFIT AND LOSS I’M NOT A SEBI REGISTERED ANALYST >> KEYWORDS (IGNORE) #intraday #stockmarket #nifty #trading #intradaytrading #sensex #sharemarket #bse #nse #investing #niftyfifty #indianstockmarket #stockmarketindia #stockmarketnews...