0A7I trade ideas
HDFC BANKOur Yesterday Target Complete🎉🎉🎉
Now we wait next correction
today HDFC BANK Closed Price is 1468.70
next Resistance is 1472.05
next Support is 1446.70
next position is short position.
SL=1472.05 And TARGET=1446.70
we know target is high
and i think target complete in 2-3 days.
but wait and watch market.
HDFCBANK Long Term AnalysisWe expect that the price will increase. After neckline of inverse head & shoulders, the price have started to increase as expected. RSI is overbought therefore we expect the price to pull back and test the support which would be our entry for long,
Moreover, Gator shows us that the price will increase.
Stop loss below the neckline of the pattern.
The target level is shown in the chart.
Look at the CHART and the TREND in 1 WTF//HDFC**This is NIFTY HEAVY WEIGHT as you all know and Fundamentally sound also!
Apart that:
>The stock is in side ways trend since 2021 despite good results reported.
>The S&R zone's are clearly respected.
>Let the LEVEL TREND LINE break and then take the positions.
>SL is kept below the EMA's and Target is the Upper Trend Line.
#stable Trade!
HDFC BANK #HDFC Bank
15 MIN TF.............................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................
HDFC BANK LONG TERM ELLIOT WAVE ANALYSISHDFC bank is one of the largest private sector and biggest bank of INDIA and WORLD'S 10 th largest according to market capitalization .
HDFC bank is among top nifty 50 index stocks and one of the largest bank in bank nifty index with 28% weightage . According to ELLIOT WAVE ANALYSIS it has completed one big cycle and moving towards third wave which is considerd biggest waves among ELLIOT 'S 5 WAVES . Price has taken support near 1250 which was earlier a strong support zone.
Weekly candle has also broken channel and looking bullish .It is the best stock to consider for long term investment .