Low risk Zone near 1550Multiple long term support cross near 1550 (Trendline Support with 200 week SMA ). So we consider 1550 as a low risk zone for HDFC BANK .
HDFA trade ideas
HDFC Bank Range Breakout: A Good Buying Opportunity...?After a period of strong consolidation, HDFC Bank has successfully cleared the resistance level at 1660. This breakthrough indicates potential upward momentum in the stock's price. Currently, the stock is retesting this 1660 level, which could serve as a crucial support zone before it continues its upward journey.
Considering the current market conditions and the recent price action, this presents an opportunity to enter a long position. We should aim for a first target around 1719, the next resistance level to watch. If momentum remains strong and the stock continues to rise, a second target can be set at 1808.
As always, it's essential to manage risk, especially in a volatile market environment. Therefore, implementing stop-loss orders is recommended to protect against any unexpected price movements. This strategic approach can help secure profits while mitigating potential losses as we navigate this trade.
HDFC BANK - For Indian Users!!Got a lot of request for it! You wish to see how it works, let my doodle do the magic for you!
HDFC BANK S/R for 23/1/25Support and Resistance Levels:
Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline.
Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased selling interest. They act like a ceiling where sellers come in to push prices down.
Breakouts:
Bullish Breakout: When the price moves above resistance, it often indicates strong buying interest and the potential for a continued uptrend. Traders may view this as a signal to buy or hold.
Bearish Breakout: When the price falls below support, it can signal strong selling interest and the potential for a continued downtrend. Traders might see this as a cue to sell or avoid buying.
MA Ribbon (EMA 20, EMA 50, EMA 100, EMA 200) :
Above EMA: If the stock price is above the EMA, it suggests a potential uptrend or bullish momentum.
Below EMA: If the stock price is below the EMA, it indicates a potential downtrend or bearish momentum.
Trendline: A trendline is a straight line drawn on a chart to represent the general direction of a data point set.
Uptrend Line: Drawn by connecting the lows in an upward trend. Indicates that the price is moving higher over time. Acts as a support level, where prices tend to bounce upward.
Downtrend Line: Drawn by connecting the highs in a downward trend. Indicates that the price is moving lower over time. It acts as a resistance level, where prices tend to drop.
Disclaimer:
I am not a SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. Consider the broader market context and consult with a qualified financial advisor before making investment decisions.
HDFC Bank Rangebound Ahead of Quarterly ResultsHDFC Bank is currently navigating a range-bound market, maintaining stability with the upper range set at 1660 rupees and the lower range at 1629 rupees. This price action occurs in the lead-up to the eagerly anticipated earnings report, which is scheduled for January 22nd.
Investors should consider positioning themselves for potential movements based on the earnings results. If the bank exceeds market expectations with strong financial performance, it may break through the upper resistance level of 1660 rupees. A successful breakout could lead the stock to test the next significant resistance level at 1717 rupees, potentially offering a lucrative opportunity for long traders.
On the other hand, if the earnings report fails to meet expectations and the stock breaks below the lower support level of 1629 rupees, this could trigger selling pressure. Should this scenario unfold, we might see the stock decline further, possibly approaching the critical support level at 1595 rupees. Thus, traders should remain vigilant and prepared to adjust their strategies based on the upcoming results, whether considering long or short positions accordingly.
Last Spike Down Taken OutWe have reached the level of the first genuine August week again.
The stock may have a rest here. This the more as the cloud is still up.
Pyramid & Reverse Pyramid Style Accumulation in Uptrend Comparison with Traditional Pyramid
Strategy Entry Size Pattern Risk Profile Best Used When?
Normal Pyramid Small → Medium → Large More aggressive Averaging down
Reverse Pyramid Large → Medium → Small Lower risk Riding strong trends
Would you like me to help you code an automated position-sizing strategy or analyze how to apply this to your market? 🚀
Open Range Breakout use Karo Reverse Pyramid Style Trading KaroThe **Open Range Breakout (ORB) Trading Strategy** is a popular intraday trading method that focuses on price movements in the early part of a trading session. The idea is to identify a "range" formed during the first few minutes of market opening and take trades when the price breaks out of that range.
### **How Open Range Breakout Works**
1. **Define the Open Range**:
- The range is the high and low of a specific time period after the market opens.
- Common time frames include **5, 15, 30, or 60 minutes** after the market opens.
2. **Identify Breakout Levels**:
- The **high of the range** is the breakout level for a long trade.
- The **low of the range** is the breakout level for a short trade.
3. **Entry Rules**:
- **Long Entry**: If the price breaks above the high of the range, enter a long position.
- **Short Entry**: If the price breaks below the low of the range, enter a short position.
4. **Stop Loss**:
- A common stop loss is placed just below the range low (for longs) or above the range high (for shorts).
- Some traders use **a percentage-based stop loss** or **ATR (Average True Range) stop**.
5. **Profit Targets**:
- Profit targets can be set using a **risk-reward ratio** (e.g., 1:2 or 1:3).
- Some traders use Fibonacci extensions or previous day’s high/low as targets.
6. **Additional Confirmation**:
- Volume analysis: Higher volume on breakout increases reliability.
- Moving averages: A breakout above a moving average may add confirmation.
- Market sentiment: Checking overall trend direction can improve success.
### **Example of ORB Strategy**
- Suppose a stock has an **opening range of $100 to $105** (first 15 minutes).
- If the stock moves **above $105**, you enter a long trade.
- If it moves **below $100**, you enter a short trade.
- Place stop loss at the opposite end of the range.
- Set profit targets at a risk-reward ratio of **1:2 or higher**.
### **Advantages of ORB Strategy**
✅ Works well in volatile markets.
✅ Easy to implement with clear rules.
✅ Can be automated for systematic trading.
✅ Captures strong intraday moves.
### **Disadvantages**
❌ False breakouts can lead to stop losses.
❌ Not effective in choppy, sideways markets.
❌ Requires strict risk management.
HDFC Bank 1H Analysis: Consolidation Zone Between ₹1,620-₹1,645
Analysis:
1. Lower Low Banane Ka Signal :
Chart mein price consistently lower highs aur lower lows bana raha hai.
Agar price ₹1,620 ke support ko todta hai, to agla lower low confirm ho sakta hai.
2. Downside Possibility :
Red shaded area (resistance zone) ke neeche rehna bearish signal hai.
Agar breakdown hota hai, to agla support ₹1,600 ke aaspaas ho sakta hai.
3. Wait for Confirmation :
Agar price ₹1,645 ke resistance zone ko todne mein fail hota hai aur neeche ₹1,620 ke paas aata hai, to yeh sell confirmation ka signal ho sakta hai.
Aapko breakdown ke baad retest ka wait karna chahiye, jo better entry dega.
---
Suggestion:
Stop-Loss : Agar aap downside ke liye position lete hain, to stop-loss ₹1,650 ke upar set karein.
Target : Pehla target ₹1,600 aur doosra ₹1,580 ho sakta hai.
HDFC long weekly HDFC on demand zone after significant down fall, lets see how it plays. NSE:HDFCBANK
HDFC BANK AnalysisHdfc bank was weak for last 8 days and now has finally reach October month low if it break it can come till 1580 and can also bring nifty 150-200 points with it so it mostly depends on hdfc what will happen in coming days
HDFC Bank 1600 make or break.HDFC Bank trading at support level and demand zone ,previously it spent lot of time in this area before taking off from ,1600 keep checking price action here to long for the target of recent highs long term hold.
Education purpose only do your own research before taking entries.
HDFC BANK S/R for 13/1/25Support and Resistance Levels:
Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline.
Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased selling interest. They act like a ceiling where sellers come in to push prices down.
Breakouts:
Bullish Breakout: When the price moves above resistance, it often indicates strong buying interest and the potential for a continued uptrend. Traders may view this as a signal to buy or hold.
Bearish Breakout: When the price falls below support, it can signal strong selling interest and the potential for a continued downtrend. Traders might see this as a cue to sell or avoid buying.
MA Ribbon (EMA 20, EMA 50, EMA 100, EMA 200) :
Above EMA: If the stock price is above the EMA, it suggests a potential uptrend or bullish momentum.
Below EMA: If the stock price is below the EMA, it indicates a potential downtrend or bearish momentum.
Trendline: A trendline is a straight line drawn on a chart to represent the general direction of a data point set.
Uptrend Line: Drawn by connecting the lows in an upward trend. Indicates that the price is moving higher over time. Acts as a support level, where prices tend to bounce upward.
Downtrend Line: Drawn by connecting the highs in a downward trend. Indicates that the price is moving lower over time. It acts as a resistance level, where prices tend to drop.
Disclaimer:
I am not a SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. Consider the broader market context and consult with a qualified financial advisor before making investment decisions.
HDFC Bank - Again is it Caution for Bank Nifty? - Towards 1380Is it Another 20% correction on the card for HDFC Bank
Rising wedge pattern indicates there is potential for following targets.
1590 / 1490 / 1380 by March-April 2025
hdfc bankHdfc BANK support 1700,1670, resistance 1760,1800, i hope chart same down trend, market news base .
HDFC S/R for 7/1/25Support and Resistance Levels:
Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline.
Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased selling interest. They act like a ceiling where sellers come in to push prices down.
Breakouts:
Bullish Breakout: When the price moves above resistance, it often indicates strong buying interest and the potential for a continued uptrend. Traders may view this as a signal to buy or hold.
Bearish Breakout: When the price falls below support, it can signal strong selling interest and the potential for a continued downtrend. Traders might see this as a cue to sell or avoid buying.
MA Ribbon (EMA 20, EMA 50, EMA 100, EMA 200) :
Above EMA: If the stock price is above the EMA, it suggests a potential uptrend or bullish momentum.
Below EMA: If the stock price is below the EMA, it indicates a potential downtrend or bearish momentum.
Trendline: A trendline is a straight line drawn on a chart to represent the general direction of a data point set.
Uptrend Line: Drawn by connecting the lows in an upward trend. Indicates that the price is moving higher over time. Acts as a support level, where prices tend to bounce upward.
Downtrend Line: Drawn by connecting the highs in a downward trend. Indicates that the price is moving lower over time. It acts as a resistance level, where prices tend to drop.
Disclaimer:
I am not a SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. Consider the broader market context and consult with a qualified financial advisor before making investment decisions.
"HDFC Bank Swing Trade: Key Levels & 3-Month Investment Plan"A investment idea for HDFCBANK with a holding period of up to 3 months (till Q1). Here’s the analysis based on the marked levels:
Key Levels and Strategy:
1. Entry Point:
1,719.00: Recommended entry level.
2. Take Profit (TP) Targets:
TP 1: 1,778.55
TP 2: 1,818.70
TP 3: 1,906.55 (longer-term target).
3. Stop-Loss (SL) Levels:
SL: 1,697.25 (first risk level, can act as minor support).
Strict SL: 1,671.95 (final stop-loss level to limit risk).
Observations:
Risk-Reward: This strategy provides a well-defined risk-to-reward ratio, with three potential profit levels.
Support Zone: The area around 1,697.25 - 1,671.95 is critical. It might act as strong support if the price drops further.
Resistance Levels:
1,778.55: Could face selling pressure as it aligns with prior resistance.
1,818.70: A stronger resistance where bulls need momentum to break through.
Recommendation:
If the price moves to the entry level (1,719.00), ensure to set your stop-loss and gradually book profits at the mentioned TP levels.
Reassess market conditions if it approaches strict SL (1,671.95) to avoid excessive losses.
Disclaimer:
"I'm not SEBI registered. Please take any trade at your own risk. Market securities are subject to market risks. This is for educational purposes only.
Would you like further insights into technical indicators or additional strategies?
Thank you! Subscribe and like @Alpha_strike_trader."
HDFC BANK S/R for 6/1/25Support and Resistance Levels:
Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline.
Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased selling interest. They act like a ceiling where sellers come in to push prices down.
Breakouts:
Bullish Breakout: When the price moves above resistance, it often indicates strong buying interest and the potential for a continued uptrend. Traders may view this as a signal to buy or hold.
Bearish Breakout: When the price falls below support, it can signal strong selling interest and the potential for a continued downtrend. Traders might see this as a cue to sell or avoid buying.
MA Ribbon (EMA 20, EMA 50, EMA 100, EMA 200) :
Above EMA: If the stock price is above the EMA, it suggests a potential uptrend or bullish momentum.
Below EMA: If the stock price is below the EMA, it indicates a potential downtrend or bearish momentum.
Trendline: A trendline is a straight line drawn on a chart to represent the general direction of a data point set.
Uptrend Line: Drawn by connecting the lows in an upward trend. Indicates that the price is moving higher over time. Acts as a support level, where prices tend to bounce upward.
Downtrend Line: Drawn by connecting the highs in a downward trend. Indicates that the price is moving lower over time. It acts as a resistance level, where prices tend to drop.
Disclaimer:
I am not a SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. Consider the broader market context and consult with a qualified financial advisor before making investment decisions.
HDFC Elliot wave Buy setupHDFC Elliot wave Buy setup in Weekly Time frame as per elliot count market has to come down below 1675 -1475 range good for accumulating target 2756
HDFC Bank | Short | SwingIf HDFC Bank breaks the neck line of this Head and Shoulder Pattern on the hourly chart by the close of the first hour of todays trading, I anticipate that it will be testing levels of 1733 in the coming week.
Price has been clearly rejected from the Higher time frame pivots and this is an indication of weakness.
Needless to say, Bank Nifty view will also be in sync with HDFC Bank and ICICI Bank.
So positions can be built accordingly.
Best Intraday stocks technical & fundamental analysis| 3-jan2025Technical Analysis stocks (3-jan-2025)
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Viduimport yfinance as yf
import pandas as pd
import numpy as np
import matplotlib.pyplot as plt
# Function to check for price and volume breakouts
def breakout_scanner(ticker, price_breakout_pct=1.05, volume_mult=1.5, lookback=20):
# Download historical data (6 months of daily data)
df = yf.download(ticker, period="6mo", interval="1d")
# Calculate moving averages for volume
df = df .rolling(window=lookback).mean()
# Get the recent high and low
recent_high = df .max()
recent_low = df .min()
# Last row data (current day)
last_row = df.iloc
# Check for Price Breakout (above recent high or below recent low)
price_breakout_up = last_row >= recent_high * price_breakout_pct
price_breakout_down = last_row <= recent_low * (2 - price_breakout_pct) # A breakout below recent low
# Check for Volume Breakout (above average volume threshold)
volume_breakout = last_row >= df .iloc * volume_mult
# Print scanner results
if price_breakout_up:
print(f"{ticker}: Price Breakout Up! (Price above {recent_high * price_breakout_pct})")
if price_breakout_down:
print(f"{ticker}: Price Breakout Down! (Price below {recent_low * (2 - price_breakout_pct)})")
if volume_breakout:
print(f"{ticker}: Volume Breakout! (Volume above {df .iloc * volume_mult})")
# Optional: Plot stock chart for visual inspection
df [ ].plot(figsize=(10,6), subplots=True)
plt.suptitle(f'{ticker} - Price and Volume Breakout')
plt.show()
# List of stocks to scan
stocks =
for stock in stocks:
breakout_scanner(stock)
