HDFCBANK UPSIDE RALLYHDFCBANK upside potential...very bullish on upside after a 6% drop...next upcoming levels 1680 / 1700 / 2000.
Rally is definately on the up side...good buying opportunity from here.
HDFCBANK trade ideas
HDFC Bank NSE:HDFCBANK
H&S pattern
Gives us a target of ₹1940
Entry at bottom of right shoulder
Entry point i.e. Green box: ₹16000
Gains: 20%
Entry at the break out of H&S pattern
Entry point: ₹1760
Gains: 10%
Duration: 3-4 months
*Not a financial advice.
My charts speaks louder than words.
I'm a chartist and I paint charts.
HDFCBANKNSE:HDFCBANK
One Can Enter Now ! Or Wait for Retest of the Trendline (BO) Or wait For better R:R ratio
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
2. Close, should be good and Clean.
3. R:R ratio should be 1 :2 minimum
4. Plan as per your RISK appetite
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose
HDFC BANKThe Beast is ready to fire BNF to ATH and above if it give closing above the horizontal line tine can long this counter for a good upside.
HDFC BankHDFC Made a Double following while following the upper trend. Which is likely to fall from there and might get a rebound.
HDFCBANK-Double TOP Forms @ATH ??HDFCBANK is at its All time High. again Reversed from ATH.
bullishness is continue or Reversal May Happen.
A strong selling pressure is observed at 1700 level ,look at the reaction at 1680 levels to go upside or downside.
if acts as Support price is moving upwards otherwise downwards. keep an eye at these levels.
HDFCBANKConfluence:
=About to break market structure
=Market space
LONG @ 1692
Stop loss @ 0.50%
Target @ 1%
Disclaimer
ONLY FOR EDUCATIONAL PURPOSE.
2 May 2023 HDFC bankshort strategy for HDFC bank
we will short the HDC bank at 1663.65 and stop loss should be a minimum of 4-5 Rs and the target will be 1618.
HDFCBANK INTRADAY IDEA ON 28-04-2023in HDFCBANK we will take a long trade,this content is made for learning and educational purposes only. we are not responsible for any losses or profits.
$HDB with a neutral outlook following its earnings #StocksThe PEAD projected a neutral outlook for NYSE:HDB after a negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 73.33%.
INTRADAY IDEA ON 20-04-2023in HDFCBANK we will take a long and short trade this content is made for learning and educational purposes only
HDFCBANK-Continue Upside or Reversal.HDFCBANK is at its All time High.
bullishness is continue or Reversal May Happen.
A strong selling pressure is observed at 1700 level ,look at the reaction at 1680 levels to go upside or downside.
if acts as resistance more fall is going to observe. keep an eye at these levels.
HDFC BankHDFC Bank
C&H Pattern: Weekly Basis
Vol / Price BuiltUp Continued.
Price BreakOut Needed& to be done & Sustained above 1700 (Resistance level).
Then Good to Go!!!
HDFC BANKHello and welcome to this analysis
From COVID lows in this weekly time frame its appears to be in its terminal 5th wave.
After making an expanding diagonal (horn) in a sideways corrective its now set for an attempt for a new high which could see a medium term top formation in it.
As per Elliott Wave after 5 up waves a stock goes into a corrective, since this is weekly (3 years of rally) the next correction can be deep in terms of both price and time.
We might see a lot of positive news being announced over the next few weeks as it advances into new territory, which is the norm when a stock appears to be concluding its entire wave structure.
An ultra bullish count would suggest stock sustaining above 1800 else this path is likely to be correct.
Short term trading bullish
Medium term exit on rally
HDFC BANK (10 APRIL 2023)NSE:HDFCBANK
Hdfc bank is making parallel channel again AND AGAIN.trend is bullish now. no plan for PE now.Major support is near 1636 .
it may take rest or proper rejection from that point.below 1532 you can think about bearish mood of the stock.
HDFC BANK : UP Trend Continue..!5 Steps Analysis of HDFC BANK
1. On Daily TF we can see that the stock was consolidated from Nov.2022 & make base for up move.
2. On Daily YF we can see the stock has made CUP Pattern formation with High Volume which Indicates further up move.
3. Momentum Showing Strong Strength on Daily, Weekly & Monthly Basis.
4. Successfully gave closing above 20DMA from last 4 Days with High Volatility.
5. Stock Maintain 1650 level and gave closing above 1650 at tomorrow then further Up side move can see at 1705 levels.
HDFC BANK (3 APRIL 2023)NSE:HDFCBANK
Hdfc bank is making parallel channel again .trend is bullish now. no plan for PE now.Major support is near 1636 .
it may take rest or proper rejection from that point.below 1555 you can think about bearish mood of the stock
#HDFCBANK#HDFCBANK, That 1700-1730 level acting as an Important Resistance. HDFC Bank also tried to cross 1650 level multiples in past 6 month and failed in all the attempt.
This long consolidation in HDFC Bank looking like it can Breakdown to below level i.e 1480 level which is POC of last 2 year where it may find some Demand. Break below 1540 in coming week can print 1480 level.
HDFCBANK 15M (24 MARCH 2023)NSE:HDFCBANK
Dont sell before 1557
market is bearish now,
hdfc is the backbone of banknifty
if it gives breakdown then
downside target is 1533 level.
if crossed 1574 then buy
it will reverse from channel.
Sep - Oct - HDFCBANK Backtest #2This post is for personal use to track my Trading style and notes. Please do your own analysis before taking entry.
June - July - Aug - HDFCBANK BacktestThis post is for personal use to track my Trading style and notes. Please do your own analysis before taking entry.
