HDFCBANK trade ideas
HDFCBANK Range breakoutStock was consolidating in rectangle for many week this week it has given breakout. Rally is still pending -Sector in boom
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Good times ahead for HDFCBANK?NSE:HDFCBANK has made a strong weekly close with a beautiful marubozu. ATH with such a strong momentum could be a signal of good days ahead for the stock. Keep and eye, and trailing it using your favourite MA could be a good idea.
HDFC BANKMost probably good results expected which can take it to 19020-1950 levels. Stay invested for long term. Stop loss can be kept at 1635 clbs.
Hdfcbank - NEoWaveHDFCBANK IS IN 5th wave, either this wave will be in 5 part or it will cut the 2-4 trendline. The changes are very high that it will be in 5 parts.
horizontal resitent brekoutafter remaining in range for 8 months stock broket the resistance with heavy vol . buy 25 % on breakoing high of this canle . rest add on pull back ,
keep the sl 6 % from current price
simple price action
HDFCBANK technical analysisNSE:HDFCBANK was in a bullish ttm squeeze until 9/26. It fired the squeeze yesterday. We could see up move continuation. It's currently standing at the major resistance level. If it breaks it, it will create ATH.We could see inverse Head and shoulders pattern which is a bullish sign. It is also forming Harmonic crab pattern with a PRZ level is at 1818. Volume is also good from past 2 days.
HDFC bank made double top with negarive RSI divergance1. made evening star hourly candle
2. made double top at breakout /retracement level
3. made triangle pattern now at top
4. weekly pivot R1 matching with double top
5. RSI is making negative divergence on daily time frame
Flag pattern in HDFC BANK Hdfc is consolidating above the all time high and crucial resistance.
Very decent and promising flag pattern formation is there which can be seen easily keep eye on the breakout the market overall is also strong bullish.
HDFC BANK Today levelplease check level according our indicator ........................
if anyone want level specific stock please message we will share our level
hdfc bank good triangle pattern formingprice has been rejecting from same levels and is forming descending triangle watch out for breakout
HDFC Bank 15min Chart Descending Triangle 30 Sept 2021HDFC Bank 15min Chart Descending Triangle 30 Sept 2021. HDFC Bank needs to break 1600 mark for Banknifty to break 37850 and touch 38050
HDFC bankTrade setup:
stock is moving in symmetrical triangle.
Weekly: 50EMA providing support. Doji's are formed at bottom of the trend.
Daily: 200 EMA acting as support. Bullish engulfing candle (engulfed last 4 days red candles) with reasonable volumes.
Entry = 1434 INR
SL = 1339 INR or 1300 INR based on your risk apetite.
Target = 1630 INR
RR = 2.1
HDFCBANK Swing TradeStrong Breakout in Daily Chart
If HDFCBANK manages to sustain its 1590-1600 levels strongly in 1st 15mins timeframe with a good bullish candle then
Upside Target: 1640-1650
Below 1565 it's weak
Hdfc bankHdfc bank is in the structure of cup with handal , we can take a long trade for long term if it cross the resistance (green line )
My view on HDFCBANKHDFC BANK should give double bottom breakout.HDFC BANK above 1595
TGT 1640-1650-1670++
HDFC VIEW AS PER PRICE ACTION & CHART PATTERN FOR COMING 6 MONTHHDFC VIEW FOR COMING 6 MONTH
Investment View as per Price action ( Chart Pattern) which should be achieved in next 6-7 month as per my analysis
NOTE : please use your analysis & consult your FA before taking any real trade as above view is for education purpose only
HDFC BANKWas facing resistance at 1560. Successfully took breakout and has retested. Advice to buy for long term
💸BUY HDFC BANK BUY💸Smart person knows where the smart money is💸. Now Ü know what to do with this stock 😄
HDFC Bank Trade PlanHDFC Bank (My Observation as on 19-09-2021)
1. On weekly Chart HDFC Bank seems to be following depicted harmonic pattern that has TGTs as 1720 (Min) and 1820.
2. 1516 being B/O level of this pattern and encountered with rising channel upper band resistance during I week of September.
3. Revered from top of the channel and again heading the same upward direction.
4. Break and stay above 1600 for a week will trigger 1640 as short term TGT.
5. Weekly ATR is Rs. 60 means if sustans above 1600, we might see 1640 - 1660 during September only.
