HDFC BANK channel breakout, HDFC bank just broke the resistance level at 1806 . One can short HDFC BANK SEPT1780PE at 7.9 with lot size 500 for theta decay .
ABCD done in HDFC Bank. Candlesticks suggest no reversal at Key level. as of now, No call on this stock.
Its trading in a very Tight Range,awaiting breakout. As of now NEUTRAL, AWAITING breakout or Breakdown.
Buy HDFCBANK with 1760 stop loss Targets 1820-1840-1870 #Descending Triangle breakout. Best performed when breakout on upside, Rise in volume in past 3 sessions as price moving up, Good Risk Reward
I am not interested in shorting any fundamental stock, but looks something wrong. Broken long time trend line And also my triangle Pattern :(
HDFCBANK is at Support. We are resuming our old trade immediately from here. Thanks to our update of trailing stop loss (read comments) we made no profits no gain on spot and 900 INR loss in options. HDFCBANK Aug 1760 PE is at 20.9 HDFCBANK is at 1743.3 Right now I am re-opening my options positions which was closed on loss of 900 INR. Breackeven of this...
HDFC Bank showed a healthy correction post the Bank NIFTY rise and ready to rise for the next rise. This is an Intraday trade setup. Consecutively one can sell an ATM PE for theta decay as expiry is near.
In longer time frame, it is in a strong uptrend. In daily, price at the support of ascending channel, with a sl below the channel support, one may aim for previous swing high then channel resistance.
I know I exit from HDFC BANK Last week. But for some reason it still look like a long to me.....
It is been observed on the daily chart that the price action is forming lower highs and lower lows from Higher Highs and Higher lows, indicating a change in trend. It is further dip down and next support levels. Target 1- 1725 Target 2- 1700 SL - 1775
Will initiate sell call on HDFC Bank only bellow 1733 fro target 1713/1705 with SL: 1755
This is weak stock , Bearish Harami in Day Candle , it may go up little , i will sell on rise and book down
I'm going long tomorrow in HDFCBANK
A break of current support level will drag the stock down to 1700. If it bounces, watch out for the trend line above as well. It's better to stay sidelines until any of the trendline is breached. I would prefer to go long now with tight stop.
Buy above 1778 with the stoploss of 1770. Targets are 1810, 1822 and 1845.