#HDFCBANK trading 1505 formed bullish pattern, Today trading our retracement level, we can buy @1505 and tgt for 1520-1535 follow SL 1485
#HDFCBANK trading 1527 formed bullish pattern, yesterday trading our retracement level, we can buy above 1536 and tgt for 1570, positional tgt 1600 and follow SL 1505 closing basis
#HDFCBANK trading 1533 formed bullish pattern, Today trading our retracement level, we can buy above 1546 and tgt for 1580 follow SL 1525
#HDFCBANK trading 1605 formed bearish pattern, yesterday trading our retracement level, we can sell@1615 and tgt for 1595, follow SL 1631
14/03 educational purpose only buy on dips (cmp 1437.35) support at 1418.70, SL below 1408.05 targets 1475 / 1490
Description : HDFC Bank at lower levels following support area and a trendline zone as well. Support Area : Support at 1420-1450 Resistance Area : Resistance at 1550-1575 if broke above it then 1675-1700 Zone to watch for.
Will Sell a Put of HDFC BANK Reasons to do the same: -RSI above 60 -MACD Crossover -High volume However, the volume isn't larger than the past 5 trading sessions, that is why selling a put seems a better option than buying a futures.
Today $HDFCBANK opened with a gap up with very heavy opening volume. Its been consolidating for a few days and Today's breakout may indicate fresh buying interest in this stock. Buy $HDFCBANK only above 1570 with SL 1540 targets open. This can be traded for Day trading also buy strictly above 1570 only. No shorts please no matter if it starts falling. Operators...
Short above 1520, Target 1 - 1487, Target 2 - 1450, Target 3 - 1430. Bank Nifty is Still Bullish, so it a risky position. (Note. This is not a trade recommendation, just for educational purpose only)
HDFC BANK Futures on Weekly Chart First day of the week and its already starting to get interesting. Anyways need to see the closing of this candle. Remain Cautious Till U see the price below Rising and Falling Trendline (Both)
#HDFCBank future looks good to short for target of 1434/1384. SL = 1523 on hourly closing basis.
At Important Resistance. Staying above 1517 can bring in further up moves. Remain Bullish till holding trendline.
May give breakout wait till it to happen and then enter
HDFCBank looking weak on short term chart. A Short Sell signal is generated on HDFCBank. Taking advantage of market momentum, trade at market between 1411-20 SL 1425 and Target open as your risk apetite. This post is for education purpose only and its not a buy or sell recommendation. All Disclaimers apply
Can buy HDFC Bank Future LTP: 1409.05 Support: 1383.05 Resistance: 1426.95 / 1449.55
HDFC Bank Futures LTP: 1396.45 Support: 1383.05 Resistance: 1427.50 Buy for short term gains.