HDFCBANK UPCOMING SUPPORT & RESISTANCE As per my analysis, here are support & resistance level of NSE:HDFCBANK for upcoming days.
Note: This is my personal analysis, only for learning. Thanks
HDFCBANK trade ideas
Short Opportunity in HDFC BANKShort Opportunity in HDFCBANK over negative sentiment in BANKNIFTY.
1. High possibility to revert to 200 EMA to take support. (Mean reversion)
2. Breaking down below the 21 Period EMA
3. Negative trending RSI
4. Negative MFI trend
5. Negative sentiment in banks
HDFCBANK - Bearish Cycle HDFCBANK - Elliott Wave Theory.
The price seemed to have made a corrective pattern which suggests another bearish wave. Invalid level remains at the previous high.
HDFC BANKHDFC BANK 1 Hourly timeframe chart where it is making rising wedge pattern indicates bearish view and also it break it's support trendline Now can it fall down ?????
HDFC BANKHDFC BANK is making Ascending triangle pattern on 1 Hourly time frame chart if it breaks in upper or down side then can expect a good move in breakout direction.
HDFC BANK : Moving Average SupportHDFC Bank Ltd. on Daily TF take support on 20 MA from last 4 days. on Friday gave positive closing on 20 MA. Momentum on Daily, weekly, Monthly is Strong with volume.BB Squeez open on Daily TF.
Entry : CMP
SL : 1637
Upside Move : 1670,1690
Sell Below 1645trying to for a kind of M pattern, can initiate short below 1645 for a target of 1420
HDFC BANK WEEKLYNSE:HDFCBANK
Forming weekly VCP pattern. Price action shows strength. One must include this in watch list
HDFC - Current TrendOBSERVATIONS :-
1) Currently , We see the stock to be in Sideways Trend trading in the range between 1700 and 1570
2) Currently stock is at the Price Engagement area in this range at 1627
3) Both primary and secondary trend in higher timeframes is UPTREND for this stock.
4) But right now we have to Wait & Watch whether this stock breaks either support or Resistance.
5) Mostly its moving towards Downside towards the Support.
6) Wait and watch . No BUY or SELL for now.
7) More price Engagement around 1625 in this zone at Daily timeframe
CE Buyers Activate Zone.NSE:HDFCBANK
HDFC Bank chart = Banknifty ( you can predict ). I'll gave you some hit for monday behavior.
hdfc bank showing selling pressure sell on breakoutNSE:HDFCBANK
sell on support breakout buy on resistance breakout
HDFC BANK SHORT FOR OPTIONS hello friends hdfc Bank now in resistance zone and you can see in 15 mint chart I make one trend line if trend line breakout after confirmation you can short I hope you like my idea follow your bro and God bless you
HDFC Bank: At resistance zone. It is at one year resistance zone it should go touch resistance zone and go back down but since the budget session is in few days, you cannot be sure.
If budget is positive then it might cross but if it falls taking a short trade here.
HDFC was in way to breakout Hdfc bank was in a way to breakout
Buy HDFC 1670
Target 1690 1723 1750 1800
Sl 1635
hdfc bank 23/01/2023NSE:HDFCBANK
Follow these levels for 23rd jan. work with proper risk management.
Intraday $HDFCBANK Key Levels Trend Based Levels Wherever #HDFCBANK goes these key levels will help you decide target and Stop loss.
HDFC Bank HDFC bank traded in range upper side 1650 and downside 1450.
Hdfc result is good may be we accept atleast 150 points in either side.
Support and resistance on chart.
HDFC Bank Gap Filling PendingGap @ 1530 pending Resistance @ 1566 near50 EMA
expected gap will filled near days
HDFC BANK: Rock & Roll 2023Folks,
I see a Head & Shoulder pattern in the making of HDFC Bank. Above 1645 this pattern will get activated and a good rally towards 1700 levels is inevitable.
SL should be 1609.
Buy only when price action happens above 1645.
Best of Luck!!
- Knight Kumar
HDFC BANKHDFC BANK is consolidation in this zone from last 2 months if it breaks this zone in upside or downside it can give a good moment in that direction.
