Pick at 1400 level Pick at 1400 level with target of 1500 or 1550
always ites touching 14XX lvel and 1500 level
HDFCBANK trade ideas
15 chart time frameSymmetrical triangle is formed on 15 min chart and wait for breakout
NOTE..... TRADE WITH STOP LOSS
FOR ONLY EDUCATIONAL PURPOSE
Buy HDFC BANKBuy and hold hdfc bank above 1530.
Target is 1570.
Breaking above 1575 will give H&S pattern breakout will take it up to previous all time high.
$HDB with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $HDB after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 42.86%.
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HDFC Bank at a trendline support HDFC Bank as seen , is clearly at a trendline support in a daily chart indicating the presence of buyers . Therefore current uptrend is intact .
The above views are for educational purpose. Please consult your financial advisor before investing . You are responsible for your own actions and money.
HDFC BANK1) Broke its resistance at 1636 at friday and made a new all time high.
2) Market expecting a good Q2 result.
fundamentally good company so i hold it for a long time.
already bought hdfc bank @ 1575.
HDFC BANK 1:5 TRADE SETUPNSE:HDFCBANK has corrected around 15% from its all time high and price is currently at an important support trendline.
Price opened gap down but still made green candle in the last 2 trading sessions - showing demand as price approaches the trendline.
A 1:5 trade can be taken with a very tight stoploss.
It is important to note that script is very weak and oversold and may continue to be so.
Low probability but low risk high reward setup.
Book profits at the top of the channel and trail stoploss.
Position size accordingly. HAPPY TRADING!
hdfcbankNSE:HDFCBANK
forms a cup handle pattern, and given a breakout
200dma , 200ema in daily time frame
best time for enter for the target upto 1667 in short term
with sl ==1483
cmp= 1531
plz do ur own analysis before taking trade.
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.
HDFCBANK ANALYSISFalling-Wedge found in uptrend is said to be a continuation pattern but we will wait for confirmation
Resistance Zone: 1530-1535
Upside Target: 1570-1577
Support Zone: 1495-1500
Downside Target: 1480-1485
HDFC Bank live chart after results After the results the bank stock fall and become range bound.
Breaking above the triangle will trigger some buying.
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.
HDFC bank in rangesince 7 days its in range
if it breaks anyside go for it
Keep an eye on it
DM me for SL and target
Insta handle @queenofstockmarket
HDFC BANK 15MIN INTRDAY SETUPHDFC BANK 15MIN
Its forming a Ascending Triangle formation
and on its Demand Zone, go long on intraday level
HDFC BANK breaking the DATE RANGEHDFC bank broke the DATE range as it followed a
1- 9 bars fall with 26 bars giving rise to the fall, finally going towards a bullish trend
2- again doing the same but it didn't break out with the 18 bars bullish or bearish hence its an indecision to buy or sell
Hdfc Bank trading setupHDFC Bank
1570-75 Resistance area
This area is multiple time tasted and today the stock is closed 13 points lower from it's high.
Breaking above 1575 will take it up to 1600.
Swing Trade PlanPlease find the SETUP on the chart............................................................................................................
HDFC BankHDFCBank making reverse Head and Shoulder Pattern , so we can clearly find in chart , in next coming days we can see some correction in HDFCbank , to make proper pattern and Ideal Target 1650-1675 1700
HDFCBANKGood breakout in hdfcbank & then retest & again moving up.
Could be bought with stop of 1535 & target of 1604
HDFCBANK SEllHDFCBANK SEll for day trading if stock break the Support then we will short the stock....
