Get started

Hdfcbankanalysis

HDFC Bank Intraday Analysis: 19-Jun-23HDFC Bank imp zones mentioned on chart, all reversal and expected move mentioned with Arrow line, RED: Sell, Green: Buy Sell< 1589 SL: 1601 Target : 1583,1570,1569 Buy>1606 SL: 1589 Target : 1612,1622,1645 Wait for Proper Rejection on lower time fames at levels : @Support : Bullish @Resistance : Bearish Use SL trialing Method Kindly Support me via follow and like: Any query do ping us or require any specific stock analysis *All views for educational purpose only
NSE:HDFCBANK
by ChandraBose2002
1
HDFCBANK--Consolidation??Observations:: This is also continuation update of HDFCBANK Analysis:: In my last update about drop base drop formation. the demand zone is restrict the price to go down, witness a consolidation stage is observed in HDFCBANK, we have to see if price drop continue to 1590 range, then we expect a rise from this zone, if acts as support we will see again the previous drop (gap down) may be filled on upside. Consolidation + fall = rise from demand consolidation + rise= fall from Supply keep track this. The One reason for BANKNIFTY is in Consolidation is their more contributors SBIN and HDFCBANK are in consolidation. If this information is helpful give me like. Thanks.
NSE:HDFCBANK
by IIT-Trader
HDFCBANK--Drop-Base-Drop form??Observations: if demand acts as Supply, fall is going to happen from here. previous strong bullish from 1680 level, if acts as price turned to be bearish in HDFCBANK. ------->>After trending upwards, a strong breakout is given above 1700 level, with consolidation ,which is previous resistance got broken strongly. ------->>Now with opening a huge gap down, showing bearish pressure pushes the price towards downside, if this is a sign of reversal in HDFCBANK, It's an opportunity to enter short again from these levels. -------->>Keep on sell side as long as price is near 1680 levels. previous strong upside movement is happens here, which may acts as bearish turn in HDFCBANK. Keep look at this level it may turn bearish again. if price again breaks 1650 levels be on sell side to 1630,1610 levels.
NSE:HDFCBANK
by IIT-Trader
3