HDFC CUP AND HANDLE PATTERNpositional trade target for 9 month ...............................................................................................................................
HDFC
HDFC on important level of breakout/breakdown levelMaking RSI negative divergence
Reached at breakout level
ADX is weak
it may fall if breakout failed
HDFCAMC- Buy on DipsRecently HDFCAMC saw a good move from support levels ( 2800) up to previous resistance levels ( 3360).
For the past two weeks, the stock is taking resistance near previous resistance levels, suggesting the stock is still in a range.
Since this is the fourth test of the resistance area, the chances are that the stock might not go below the 3050 levels.
And if it sustains those levels, we might see a breakout in the stock in the coming weeks.
Buy on dips for me.
Post is purely education and not a recommendation to buy or trade in the stock.
HDFC 2HNSE:HDFC
on two hours chart HDFC performs Higher High and Higher Low
Its Best time to Invest in HDFC @2820 or cmp Wih stoploss 2700 and target will be
2900
3100
3500
Hold for 3-4 months
HDFC ltd..weekly breakout above 2900
Support around 2810 as per daily breakout,
Big move expected above 2900..
BUY AROUND 2480 AVG @2410 SL BELOW 2325 TGT 2625/2780 The stock is almost at the verge of completing inverse head and shoulder pattern but the fundamentals are not supporting for any downside breakout. The stock is a definite buy above 20 week moving average for the above mentioned target with prescribed stop loss on closing basis.
HDFC- This Giant is getting ready for big move. A clear Cup and Good to go long if any Daily candle close above 2550 with good volumes.
Entry - 2550
Target 1 - 2627
target 2 - 2870
SL - 2446
R:R - 1:3
Book 25% quantity at 2627 and trail rest.
HDFC 30MIN SWING NSE:HDFC
HDFC is ready for BreakOut at the 2760 BUY at This Level and hod until 2810
if broken 2710 Then SELL at te 2710 final support is 2660
HDFC - Flag - upside movement HDFC - forming Flag pattern.
Recently bounce back after taking support from 200 Moving Avg, with good volumes.
Currently after forming flag pattern - possible breakout to 2800+ levels.
Keep an eye on this - trade carefully.
Please do own research and study before investing.
HDFC - Bull Flag Breakout - Swing TradeThe above analysis is done purely on basis of Price Action & Chart Patterns.
The analysis is done on daily TF hence price may take few days to few weeks in order to reach the targets.
Trade setup is explained in image itself.
The above analysis is purely for educational purpose. Traders must do their own study before entering into any trade. Traders must trade as per their own risk taking capacity and money management.
Feel Free to comment or message me for any query or suggestion regarding this stock or Price Action Analysis.
Checkout my other ideas to understand how one can earn from stock markets with simple trade setups.
Nifty, Banknifty, top stocks Analysis with imp leves!The indices saw a positive Thursday expiry, with option writers possibly making good returns thanks to a tough fight at 36,000 for Banknifty and a lack of momentum for Nifty. In fact, a directional buyer would have lost 50% premium over the past two days even though Nifty went up.
Where do you think the #stockmarket is heading?
Important Nifty levels and Banknifty levels for tomorrow:
Levels for Nifty: 15,596, 15,660,15,733, 15,750, 15,835 15,986, 16,040, 16,120, 16,177, 16,225, 16,349.45
Levels for Banknifty: 34,130, 34,420, 34,640, 34,800, 35,011, 35,250, 35,340, 35,400, 35,529,