HDFC bearishHDFC is lossing momentum and I see a gap which probably will get filled soon. Also the smart money is getting out as we can see it from OBV. So look for a bearish candlestick attern to take short entry. First target will be 0.2 fibb support level.
HDFC
HDFC Bullish Flag and Consolidation of PriceHDFC is about to break out to new ATH reasons:
MACD is getting flatter and flatter meaning low volatility
ATR is getting very Lower again indicating low volatility
Bull Flag in 1H range
LT - Rady for next bull runBullish divergence found in LT on the daily chart. Confirmation is above 1545 with 1495 sl. Next run will be huge on breakout
Beml - Possible long from Their Support Beml has following a particular behavior from a long time. Stock is always pull back from their day support. Long Idea is based on it
HDFC Intraday BiasShort term trend of HDFC is bullish, The top line of the parallel channel will act as an immediate support, if the price breaks it, then it can retrace to 1950 levels otherwise the first target will be at 2000 and second at 2010. SL should be below the upper channel level
HDFC Long termLong term trend of HDFC is getting steeper. Wait for it to retrace to the long term trend line before adding more to it.
HDFC Long term Bullish trendTrend is getting steeper, the violet trendline represents the previous slope of the trend which is the long term trend, the orange trend line shows the current slope which is much steeper.
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HDFCYesterday's Performance check here - t.me
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Longed above 1956 targets were 1965/75/83. with SL 1932
All target achived. 2000 possible NSE:HDFC
HDFC - SHORT SELL IN SHORT TERM - TARGET OF 1645FOLLOWING ARE THE OBSERVATIONS IN HDFC.
1. THE DOWNMOVE FROM 2050 SEEMS TO BE AN IMPULSE WHICH SHOULD BE WAVE A.
2. IF THAT IS THE CASE, WAVE B SHOULD NOT RETRACE MORE THAN 61.8% OF WAVE A, WHICH GIVES THE MAXIMUM PRICE TO BE 1900
3. THE C WAVE IN ABC UPMOVE IN A SMALLER TIMEFRAME, WHICH IS A PART OF THE BIGGER B WAVE SEEMS TO BE MAKING AN ENDING DIAGONAL, WHICH RESTRICTS THE 5TH WAVE OF THIS C WAVE TO A MAXIMUM OF 1897
CONCLUSION
HDFC CAN BE SOLD WITH A STOPLOSS OF 1900 FOR A TARGET OF 1645. A RR OF 1:18, :-)
Hdfc long viewsIt took support from bottom line of falling wadge , looking bullish , macd and rsi confirm tthe same
HDFC intraday LONG call for 14th March 2018. HDFC is showing a possible mild bounce back on the 5 and 15 Minute Chart, the bounce back can take the stock to near around 1965-70. Stop loss should be below 1840 as that's the previous bottom and breaking this decisively would mean another 10 rs break down on the least.
Strategy for one of the best Indian banksHopefully we see $35 on this one. This company will likely be an absolute monster in the future.
HDFC - Ranging Out from Ascending TriangleOn Hourly chart, the price action is ranging in an ascending triangle. With the last big red candlestick it shows weakness and indicates bearishness.
HDFC Bank: Approaching Long term topNSE:HDFCBANK
The impulse that started in early February is nearing completion.
We are already seeing signs of RSI divergence on daily charts.
More importantly, it is also completing 5 wave cycle, as seen on this weekly chart.
Most likely scenario is that we will see a final spike to 1260-80 zone followed by an extended downturn.
