HDFC BANK LongIndian private bank king is ready to make an impulse in the long direction be in the trend for the rewards
1 Week time frame
Factors which im considering
1) RSI divergence
2) Piercing candle in the support of 50 sma
3) Support in 50 sma
1 Day time frame
It has taken good support in 1 day time frame of 50,100 sma( simple moving average)
reversal pattern in 1 day time frames
4HRS TF
It is forming a bullish correction and continuation pattern along with the support of sma (50,100,200)
Hdfcbankanalysis
HDFC Bank Futures Key Trading Levels for 27th June 2022HDFC Bank Futures Key Trading Levels for 27th June 2022
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
Leave a comment that is helpful or encouraging. Let's master the markets together.
HDFC BANK Analysis/prediction for weekly 27/06/2022Market opening on Monday : Big gap down.
Market structure : sideways.
Major resistance : 1369.
Major support : 1325.
Take put position if market opens at 1350-1340 target 1322- 1325.Keep stop loss of 5 points above opening price.
Take call position if market reversal at 1320-1325. Target 1355-1360.keep stop loss of 5 points.
**** DISCLAIMER- TRADE OF YOUR RISK.****
HDFC Bank Futures Key Trading Levels for 24th June 2022HDFC Bank Futures Key Trading Levels for 24th June 2022
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
Leave a comment that is helpful or encouraging. Let's master the markets together.
HDFCBANK JuneNSE:HDFCBANK1!
In HDFCBANK
above you can see the important levels and by *auto harmonic patterns* ( cypher ).
On its basis and some analysis we mentioned some targets.
If * 1400 * level break then our
Target 1 ------ 1420
And if upward movement remains continue then our
Target 2------ 1465
And if * 1380 * level break then our
Target 1 ------ 1345
Target 2 ------ 1285
Target 3 ------ 1195
I hope it will help you.👍👍👍
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HDFCBANK LONGNSE:HDFCBANK can be good choice for swing trade for a couple of weeks as it made an inverted hammer on last week on weekly chart, and closed above the inverted hammer's low point.
A good support zone for this stock is at around 1300.
Trade Details:
Entry: below 1310
Stop Loss: 1280-1285
Target: 1405-1410
Holding Period: 2-3 weeks
Happy Investing :)
HDFC BANK Trend AnalysisI have made some changes in this analysis.
Kindly disregard my previous analysis linked below.
Now price is at key support level of 1300.
If breaks it can easily fall to 1000-1100 levels where trendline support will add confluence.
Accumulate at 1000-1100 levels for the following targets:
Short term swing target @ 1475 (40% ROI with 4.25 R:R)
Medium term swing target @ 1725 (64% ROI with 6.75 R:R)
Long term positional target @ 2350 (123% ROI with 13 R:R)
Stop loss @ 950 (optional)
Do your own due diligence before taking any action.
Peace!!
HDFCBANK forcast on the weekly chart : the price did a wide gap downwards and made a decent red candle so far
on the daily chart : breaking a level and going down strong
on the 15 min chart : the price had went bellow the VWAP meaning the day will end red
personal opinion : the price will keep on going down until reaching the middle level with 80% of bouncing of it heading up
best move
daytrading : opening short positions in this week
long term traders : wait until the price reach the level and gives a clean indication of and uptrend
HDFC BANK Trend AnalysisBearish divergence shown by RSI on weekly timeframe with weekly close as a strong bearish pin bar candlestick shows there is strong bearish pressure.
Do not jump to buy because of the merger and everyone is bullish.
Let the price fall to buying zone for a big rally upside.
Buying Zone is around 1100-1175 level
Target 1 2350 (100% ROI) Medium Term
Target 2 3350 (190% ROI) Long Term
All price levels mentioned above are Fibonacci levels.
This heavyweight will drag bank nifty down for sure.
This is just my analysis purely based on technicals only.
Kindly do your due diligence before trading or investing.
Peace!!
HDFC BANK 15MIN INTRDAY SETUPhdfc bank inverted head & shoulder plus confluence on 200ema on a daily timeframe
long trade is preferred if the market is bullish in monday, if bearish, then ignore the trade for intraday and wait for daily candle to close by making a bulish
engulfing candle, then enter in the stock for swing trade, and try to catch all time high.
HDFC BankFor Educational Purpose ONLY.
A rising wedge is formed by two converging trend lines when the stock’s prices have been rising for a certain period.
Before the line converges the sellers come into the market and as the result, the prices lose their momentum.
This results in the breaking of the prices from the upper or the lower trend lines but usually, the prices break out in the opposite direction from the trend line.
Depending upon the location of the rising wedges it indicates whether the trend will continue or reverse.
Swing Trade on #HDFCBANKPlease note the time graph is on Weekly.
Best Possible Entry - 1395-1400
SL - 1340
Target - 1600-1640
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HDFC trend analysis for November monthHDFC bank and AXIS bank are struggling to move higher from February's high where the SBIN and ICICI made 20-30% higher from February high.
As there is no recent events and could expect the stock move sideways for next two months.
Range - 1370 ~ 1620
Support - 1350-1400
Resistance - 1550-1630