NSE:HDFCBANK showed a good rally on 15 minutes time frame chart and on top of that it has given closing above it's 9 DEMA. Strength is also above 50. Hopefully, it will open positive tomorrow as well. Congrats to all who are long in this.
I am a beginner. Just sharing my views. Looks like 1494 is an easy target
HDFC very important key levels for intraday or swing trade....
Levels are on the chart. Disclaimer: This is not a stock recommendation.
HDFC BANK SHORT 1480 target : 1456 validity : 24/06/2021
Buy above 1490 for 6,13,20+++ Sell below 1470 for 6,13,20+++ Can comment or ping me for any query or live updates All views for Educational purpose, Trade at your own risk
1)We can also bet on (29 JUL 2021 1500CE) for 20-50% returns in next week -------------------------POSITIVES-------------------------- 1) More than 2 week consolidation 2) Volumes are not dry 3) Todays action in such a patchy market shows strength, holding bank nifty single handedly 4) If HDFC BANK will go up then Bank Nifty will also go up 5) Volumes are...
Price seems to be moving within range. Call can be taken long if it breakouts upside, if it breaks down short call can be placed. It is for educational purpose.
understanding trades through support and resistance,
BUY HDFC BANK 1480-1483 TARGET 1500 STOPLOSS 1470 EDUCATIONAL PURPOSE
CMP: 1489, T: 1522, SL: 1470 Study: 1. Bounce back from daily support 2. Trend line breakout