HDFC BANKI Observed these Levels based on price action and Demand & Supply which is My Own Concept Called "PENDAM CONCEPTS" ... Please Don't Take any trades based on this chart/Post...because this chart is for educational purpose only not for Buy or Sell Recommendation.. Thank QLongby mistertraderofficial24
HDFC BANK NSEDATE - 12th March 2024. HDFC Bank has breakout today with good amount of candle size and volume too. Applied Concepts Chart P. - Inverted H&S Positive Order Block from Daily Time Frame and Previous OB of Monthly TF as shown in chart. Only OB is not a good option so here we have applied FVG (Fair Value Gap) also, Price Action has successfully reversed from FVG and gave confirmation for potential upside movement. Targets 1st Target as per Chart P. is 1555 Rs. and Further upside Target as per OB and FVG is 1700+. Thank You! Have a Good Day. Longby KRSChartsUpdated 3386
HDFC BANK - AN INVESTMENT PICK AT MOUTHWATERING VALUATION?The HDFC Bank extended decline today, after marking its biggest single-day drop since March 2020.In the last two days alone, HDFC Bank has corrected more than 12%. This decline is fine but there's another picture to it which no one is talking about. While there is so much panic among investors and traders but this panic can be a good investment opportunity. There exists a curve resistance at long term charts around 1700-1720 levels which HDFC respected this time also and fell from that level. On the other hand, If we talk about technical patterns, There is a clear Inverse Head & Shoulders pattern in making at long term charts. Such long term chart patterns don't fail most of the time. HDFC current market price is 1500 and It is trading at a support zone of 1480-1500 & valuation is good at cmp. Inverse Head & Shoulders pattern breakout level is 1690-1700. Breakout of this pattern will take it to 2200 levels which is approximate 46-47% upside from current level. Incase It falls further, then It can be added more at 1450-1420-1400 levels. This could be a great investment for long term investors.Longby akshit_officialUpdated 131369
HDFC ANALYSIS Stock is trading in channel pattern. Now stock touch the support line and forming higher high. While being conservative (retracement) trader. We need considered three things. 1. After break the resistance and stock would touch the previous resistance line to conclude whether resistance act as support. 2. Price should be discount price. ( To check we using Fibonacci tools). 3. Stock should have imbalance or fair value gap. Because stock would come again and fill the gap. This stock meet all the above criteria. Entry : 1470 to 1480 Target : 1650 to 1700 Note : But beware stock will be more volatile because of election result. I am not sebi register advisor. I am sharing for education purpose only. Longby Guru72081
HDFC Bank: Has the bull run countdown begun? For the past four and a half years, the stock has been consolidating. The stock is clearly in the 5th wave. We now need to ascertain our current position within the fifth wave. It made several unsuccessful attempts to surpass the psychological threshold of 1700. The most recent attempt (wave AB) was unsuccessful once more. The way it plummeted to point C after that was really intriguing; it exactly matched wave C's personality. Thus, assuming the preceding analysis is accurate, minor wave 3 of major wave 5 has begun. Trading Strategy- Positional trades: buy on dips with a stop loss below 1350. We may aim for the target at 2200. Notice: This analysis is meant only as a teaching tool. Please speak with your financial advisor before making any decisions on investments. I will not be responsible for any loss incurred by harshit22Updated 2
HDFC ANALYSIS Stock is trading in channel pattern. Now stock touch the support line and forming higher high. While being conservative (retracement) trader. We need considered three things. 1. After break the resistance and stock would touch the previous resistance line to conclude whether resistance act as support. 2. Price should be discount price. ( To check we using Fibonacci tools). 3. Stock should have imbalance or fair value gap. Because stock would come again and fill the gap. This stock meet all the above criteria. Entry : 1470 to 1480 Target : 1650 to 1700 Note : But beware stock will be more volatile because of election result. I am not sebi register advisor. I am sharing for education purpose only. Longby Guru72081
HDFC BANK GANN ANALYSIS FOR JUNE 2024 MONTHLY EXPIRY HDFC Bank carries the highest weightage of 11.60% in the Nifty 50 index. It has proven its worth by creating wealth in the past and is being held in the portfolios of investors and mutual funds also. Recently it is underperforming in the banking index. All time high made was in July 2023 at 1757.50. Another lower high was made in Dec 2023 at 1721.40. The level of 1760 is important for it and needs to be crossed for further growth. Momentum can be seen in it if it crosses the level of 1830 in future. Trend decider level for it is 1515. Momentum on either side can be sen at levels of 1597 and 1433. Extended range for the monthly expiry can be seen at 1699 and 1331. Happy Trading !!!by kbr91219651
HDFC LONGIndia's biggest Private Bank - HDFC BANK showing a very good structure and breakout shown for upside. Can go LONG now by targeting 1700+. Possibility of going more in few years.Longby kamyat1
HDFC bank log term buy given at 1398 hold it 1620, 1730 and ATHDisclaimer - This information is only for educational purposes, this is not for any buy or sell recommendations . 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 hitby JaiPrakashShuklaHarmonicTrader1
Leveraging the 200 SMA: A Strategic Buying Opportunity Explore the potential buying opportunity presented by the 200-day Simple Moving Average (SMA) acting as robust support. Discover how this technical indicator could signal a favorable entry point in the market, empowering informed investment decisions. It's crucial to remember that financial decisions carry risks, and any investment should be thoroughly researched and considered. Disclaimer- This analysis is solely for educational purposes and does not constitute any recommendation to buy or sell.Longby Rockstar98311
HDFCBank breakout bull runHDFC has made bullish flat flag pattern. Which can lead to great bull run. Long consolidation pattern after merger is about to break. Longby ashishhcUpdated 46
HDFC bank log term buy given at 1398 hold it 1620, 1730 and ATHDisclaimer - This information is only for educational purposes, this is not for any buy or sell recommendations . 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 hitby JaiPrakashShuklaHarmonicTrader1
Here's the Big Time Big stock Trust the Big daddy , he's on slowly waking up and you have to cheerish it , Go for it and enjoy the gainsLongby rohannegi2112115
HDFCBANK in corrective wave ABChdfcbank is in corrective wave abc post making high of 1595. Wave A down completed at 1454 wave B up has resistance near 1573-1575 Post wave B expect down move to start again for wave C.. Shortby MDstockmagic0
14% upside on Big DddyThe sleeping Gaint is waking up gradually , the one who can push both incidxes single handedly, it's time after 2 years --1549 First Resistence --1598 or 1600 second , Stay in the game and enhoy the ride...Good luck Longby rohannegi21120
SHORT TERM HDFC BNKAs of recent 1714. it respect long term trend line. also from 2021 it respect a rectangular momentum .i have shared the charts. 1550 is the first resistance if it sustain above that point can go up to 1700 rangeby TECHNICAL_INVESTOR2
HDFC BANK - short term @fter taking support on weekly time frameHDFC BANK has taken support at 1363.5 and reversed. Looks like a strong reversal till 1750 is possible in coming days till it holds 1420 on daily basis. There is strong support in squeeze momentum indicator, so breaking high is possible but initial move till high is safe and further action can be taken based on how chart reacts at those levels. This analysis is based on price action and squeeze momentum indicator. Please do your due analysis before entering a position. This is not a trade call, just sharing my views on how I expect price to move in coming days.Longby muruganandam88171
HDFC BANK ANALYSISBanking Sector Blue Chip aka HDFC Bank is at attractive level which can be very good for investment but one thing should be clear that STOCK currently in Sideway so have to hold these stocks with Lot of patience NOT A BUY OR SELL JUST VIEW SINCE I AM CURRTELY INVESTED. by SimpleTraderGogo115
HDFC Bank is BullishBank is seen taking steps to reduce its employee cost and in chart pattern is indicating bullish pattern and price taking support with big range indicating bigger move on upside any time based on accumulation Longby venkatfx6
Hdfc double bottom1. Bollinger band outside inside double bottom. 2. Conformation of double bottom pattern. Longby JeeveshP4
Hdfc bankPrice is having resistance around the zone 1460 - 1466. Price have to sustain above the level to be bullish. Buy above 1470 with the stop loss of 1458 for the targets 1482, 1496 and 1510. Sell below 1450 with the stop loss of 1462 for the targets 1438, 1424 and 1408. Check the live market updates. Hit the like button to Rock !! Show some energy !! Note : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell. You are responsible for whatever you do.by vanathiUpdated 3320
Just a view HDFC I AM LOOKING FOR THE SWING TRADE IN THIS STOCK it looks like stock has taken support and ready for cor the blast. TP1 - 1520 TP2 - 1600 TP3 - 1690 TRADE AS PER YOUR RISK MANAGEMENT AND DO YOUR OWN ANALYSIS Longby BK27113
HDFCBANKSmall Risk Trade HDFCBANK Near support zones CMP 1439 Buy with SL of 1420 on CLBS Target 1520Longby Singh_Siddz27