HDFC Bank HDFC Bank ready to big move
Long term investment min 2 years
Please check your own analysis before investing
Target mentioned in charts.
HDB trade ideas
HDFCBANK : Re-entry for about 1.25% of the net capital
I re-entered when the price retraced back to the low of the descending channel. From the current levels, a move of about 20% to the upper trendline of the higher time frame (HTF) parallel channel is expected. The current position size is about 1.25% of the net capital.
I will add to the position to sum up the total holding to 2.5% of the net capital if the price crashes to the lower trendline of the HTF parallel channel.
The current crash was mainly due to the results not meeting the street's expectations. But since there is no degrowth or any other factors affecting the long-term growth prospects of the company, this is just an overreaction by the market and will recover with time.
Previous posts regarding the same scrip is attached underneath.
HDFC Bank - Bullish Gartley / Failed ZEE / BlockBuster IREDADisclaimer:
Trading in financial markets involves substantial risks. Consult your financial advisor before making decisions. This commentary is not a solicitation to buy or sell.
WaveTalks - Market Whispers: Can you hear them?
HDFC Bank: Bullish Relief in Sight
The stock has formed a bullish Gartley pattern with a Potential Reversal Zone (PRZ) at 1375-1390. This zone, backed by historical support, offers a glimmer of hope for bulls following the recent market downturn. For a continued bullish view, it's essential that HDFC Bank holds within the 1375-1390 range.
In simple words, It's important the stock stays in this range (1375-1390) for a good chance to go up. Be careful with your trades.
ZEE Entertainment: A Missed Bullish Trigger
ZEE Entertainment failed to surpass the critical levels of 250 & 300 as suggested & didn't go up as we hoped., which were essential for a bullish move. Consequently, we had to manually close this trading idea. It serves as a reminder of the market's unpredictability and the need for vigilant trigger level monitoring.
IREDA: A Stellar Run
IREDA's performance has been nothing short of spectacular, with consecutive Upper Circuits from the purchase zone of 110-112.50. Remarkably, the stock rallied from the 114-116 area to close at 169, hitting our projected target zone of 165-175. This success story provided an exhilarating experience for those who seized the opportunity, showcasing the rewards of timely and strategic trading.
As we navigate through these market dynamics, let's stay informed and strategic in our decisions. Here's to a fruitful week ahead in the markets!
From
WaveTalks
Market Whispers
LONG HDFC BANK - FULL POWER BOOSTHDFC is getting ready for pure long position, in order to diliver huge profit in coming days
NEW LEVELS... NOT VERY SURE ABOUT BREAK OUTnews is in market that some big company is increasing stack in company with 5% and get a approval of same by the authorities... might see new level but budget is in market...
be careful for this whole week
HDFC Bank (LONG)..You will never see 1380 for next few monthsHDFC Bank (LONG)..You will never see 1380 for next few months
HDFC bank found bearish Wolfe wave pattern in Daily charts HDFC bank found bearish Wolfe wave pattern in Daily charts . Target and stop loss updated in chart
HDFC bank found bearish Wolfe wave pattern in Daily charts HDFC bank found bearish Wolfe wave pattern in Daily charts
🏦 HDFC Bank | Expanding Triangle Pattern | Long Term Bet | 💸HDFC Bank
HDFC Bank has formed Expanding Triangle on daily charts, stock already beated from its all time highs now trading at low risk zone (1400-1450).
Buy on dip this findamentally strong stock for good returns!
Recently LIC got approval for aquiring 9.99% stake in HDFC Bank thats a positive news for both the ferms
HDFC BANK Trade Setup Idea - HDFC BANK is currently trading 6.8% from my previous short analysis
- HDFC Bank can soon present a bullish scenario grab some orders and then flush out all the FOMO buyers
- IMO 1100-1250 is a very strong demand zone for HDFC bank
- HDFC bank can soon present an opportunity to bag it at cheap price
- I am still heavily bearish on HDFC
- Demand - 1180-1260, 700-850
- Supply - 1500-1600
NO COINCiDENcEThe last minute buying while going in a 3 day long weekend where market stay's consious, genrally avoid BTST buying, such +ive volumes in the end and astonishing aproval after the market shows it's
...........NO coincidence........................buy on monday, as it all started with a news ( Results ) let the dark vanish with a news as well( RBI aprooval to LIC for more stake in HDFC).....Make it a No Brainer....... 200DMA always a safe play, next tgt for HDFC....
Fear of 1683HDFC bank has some fear with this number "1683"
it has been triggered down to max fall of 25 % , when it comes at this level
immediate support for HDFC bank are marked in this chart
HDFC BANK ViewDear Team ,
As of My point of view HDFC is a Good Stock for long term .. But for Swing Trading and Intraday .. The Channel Pattern is Created in HDFC Bank and When its Breakout or Breakdown .. Must Capturing a Good Point in HDFC Banks.. Please Trade at Your Own Risk I am not SEBI Registered .
Thanks
HDFCBANK : Likely to form a Symmetric Triangle PatternHDFC Bank is likely to form a Symmetric Triangle Pattern.
Wait for breakout from 1720 level.
#Current Price - 1535
#Expected Target - 2600
#Stoploss - 1650
Pattern is forming on weekly chart.
Disclaimer:
This idea is only for education purpose, Please consult your financial advisor.
I am not SEBI registered.
Please give a Like if you like.
HDFC bank 1390 Target hit sold at 1700 , wait for fresh trade 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 trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% ..
Please note:-
It's working on news based and volitile market very well so exit if SL hit
HDFC BANK VALUE BUYNSE:HDFCBANK is taking a breather on its 200-weekly moving average – the go-to spot for top-notch stocks when they are feeling low. Good stock generally rest, refresh, recharge and come back with a vengeance from this level.
This is a special zone – also called the Iron Gate or the Citadel. Only twice in history has HDFC Bank hung out in this zone (2008, 2020). Check out the circled moments on the chart.
If you are in it for the long haul, this could be a great value-buying opportunity to pick a piece of India's banking giant.
Here's the scoop: chances are high (not guaranteed, though) that the stock is gearing up for a bounce from here.
Do consult your Financial Advisor before taking a jump!
#HappyInvesting
Buy HDFC Bank Stock HDFC Bank looks good in support zone.
Buy zone. 1387-1410
Target. 1:2/3
Stoploss 1373
STRONG SIGN TODAY, MORE LOADING With a strong up of 2% move today, Current price of ₹1,455 a move with +ive sentiment expexcted with a next Resistance @ ₹1,486 -- If the stock can break above the resistance level, it could continue to move higher.....
HDFCBANK Resistance at Previous Gap DownHDFCBANK has to fill this earlier gap down to push out of the supply zone, until it does that this gap will act as resistance. Market conditions have improved, keep an eye out for this gap to be filled.
HDFC bank sell given from 1700 , next Target 1390 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 trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% ..
Please note:-
It's working on news based and volitile market very well so exit if SL hit
HDFC Bank - Expect further correction of 10%After the quarter results, stock become bearish and may fall by 10% from current level.
✅Long resistance at Rs 1720
✅Dec'23 and Nov'23 low's violated
✅EMA 200 violated
✅Next support at Rs 1270
Thanks
-aJ
Disclaimer: The information and publications are not meant to be, and do not constitute, financial, investment, trading or any other types of advice or recommendations.
HDFC Bank at Major Support LevelsNSE:HDFCBANK has been hammered by the markets and is currently taking support at 200 Weekly EMA. This level has been touched or breached by the bank only thrice before today in more than 2 decades. This is certainly challenging for the bank and while it looks oversold, I would only buy above the current resistance of ~1700+ as this level has been a very strong resistance. Do not ignore technicals.
200 MA will save us200 EMA is the border line and HDFC is already oversold, so right in this should bounce back from here ... peace
