HDFC BANK EQUAL HIGH LIQUIDITY TARGETHdfc bank might move up to target the equal high LIQUIDITY in 4 HR timeframe
HDB trade ideas
HDFC Bank Technical AnaylasisHDFC Bank class breakout on Weekly and Monthly time frame, breakout of three year consolidation. Sustain above 100 and 200 Days EMA and Retest Confirmation on 50 Days EMA. Significant price stability (price range 1600 to 1700). Previous resistance level has now turned into strong support. Likelihood upward move Indicate bullish move could be anticipated if buying pressure.
Go long in HDFC Bank In HDFC Bank, we see analyse that there is kind of inverted head & shoulder pattern formation. On weekly basis, if HDFC bank manages to close above 1790, then we can expect a good upside. Targets would be 1825, 1875 & 1950 if HDFC bank manages to close above 1790 on weekly basis.
HDFC Bank at its Make or Break Level #HDFCBANK #BANKNIFTYSo this is an huge stock for Nifty as well as Bank Nifty.
HDFC Bank is at its Major Resistance, If the Channel Resistance not Sustained then we may see 1620 Level soon.
If the Channel Resistance is broken then we may see 1950/2000 Coming in Long Term .
For Short Position.
SELL HDFC BANK
STOPLOSS : 1800
TARGET : 1620/1600
NOTE : This is for Educational Purpose, Please contact your financial Advisor for the Trade you Plan .
Have A Profitable Day Traders.
Diwali Pick Upto 500% Upside:HDFCBANK Could Skyrocket in 5Years!Case study: NSE:HDFCBANK |Time frame: Analysis done on a 3Month time frame |Investment term: Long term (5 Years) Targets 5100 - 10000
HDFC Bank, one of India’s largest private sector banks, has experienced a three-year consolidation phase after a stellar 20-year uptrend 📉📈. This phase followed its merger with Housing Development Finance Corporation (HDFC) in July 2023, leading to a temporary growth slowdown and re-evaluation of financial metrics. Despite this, the bank has showcased solid financial performance 💪.
FY 2020-21
• Net Profit: ₹16,624 crore
• Total Deposits: ₹13,14,000 crore
• NIM (Net Interest Margin): 4.0%
FY 2021-22
• Net Profit: ₹18,258 crore (+9.8%) 🆙
• Total Deposits: ₹14,80,000 crore (+12.6%) 🆙
• NIM: 4.1%
FY 2022-23
• Net Profit: ₹19,034 crore (+4.2%) 🆙
• Total Deposits: ₹16,34,000 crore (+10.4%) 🆙
• NIM: 4.1%
The consolidation phase shows significant above-average volumes over the last 3 years as shown on the chart which might indicate accumulation (buying) , indicating strong investor interest and potential future movements. This period is expected to last another 1-2 years as HDFC Bank integrates post-merger operations and aims to restore key financial metrics. Committed to profitable growth, the bank focuses on improving return on equity (ROE) and NIM (Net Interest Margin) 🚀.
Investors considering HDFC Bank may see potential benefits, as the stock could offer a 200-500% upside over the next 5 years 📈. With robust financials, consistent profit growth, and a strong market position, HDFC Bank is poised for long-term gains 🌟. Patience with this investment may yield significant rewards 💰 .
✨🎆 Happy Diwali! 🎇✨ May your portfolio be as bright as the Diwali lights and your investments as sweet as the festival treats. Here's to growing wealth and sparkling returns! 📈💰 Have an awesome and prosperous Diwali! 🪔✨
Disclaimer: All ideas are my personal views and not financial advise. I do not have any Telegram channel nor do I sell any courses.
References:
HDFC Bank share price: HDFC Bank sees period of consolidation as it absorbs mega merger - The Economic Times
hdfcbank.com/content/bbp/repositories/723fb80a-2dde-42a3-9793-7ae1be57c87f/?path=%2FFooter%2FAbout+Us%2FInvestor+Relation%2Fannual+reports%2Fpdf%2FHDFC-Bank-IAR-FY22-21-6-22.pdf&form=MG0AV3
HDFC BANK S/R for 30/10/24Support 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.
20 EMA (Exponential Moving Average):
Above 20 EMA(50 EMA): If the stock price is above the 20 EMA, it suggests a potential uptrend or bullish momentum.
Below 20 EMA: If the stock price is below the 20 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.
RSI: RSI readings greater than the 70 level are overbought territory, and RSI readings lower than the 30 level are considered oversold territory.
Combining RSI with Support and Resistance:
Support Level: This is a price level where a stock tends to find buying interest, preventing it from falling further. If RSI is showing an oversold condition (below 30) and the price is near or at a strong support level, it could be a good buy signal.
Resistance Level: This is a price level where a stock tends to find selling interest, preventing it from rising further. If RSI is showing an overbought condition (above 70) and the price is near or at a strong resistance level, it could be a signal to sell or short the asset.
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.
HDFCBANK- AnalysisBullish Levels -Day closing above 1547, 1662 to 1684 then 1802 to 1824 then 1942 to 1964
Bearish Level - Below 1519 then 1404 to 1382
*Comment or message me if you wish to see my analysis for any stocks.
**Disclaimer -
I am not a SEBI registered analyst or advisor. I does not represent or endorse the accuracy or reliability of any information, conversation, or content. Stock trading is inherently risky and the users agree to assume complete and full responsibility for the outcomes of all trading decisions that they make, including but not limited to loss of capital. None of these communications should be construed as an offer to buy or sell securities, nor advice to do so. The users understands and acknowledges that there is a very high risk involved in trading securities. By using this information, the user agrees that use of this information is entirely at their own risk.
Thank you.
HDFC BANK S/R for 23/10/24Support 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.
20 EMA (Exponential Moving Average):
Above 20 EMA(50 EMA): If the stock price is above the 20 EMA, it suggests a potential uptrend or bullish momentum.
Below 20 EMA: If the stock price is below the 20 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.
RSI: RSI readings greater than the 70 level are overbought territory, and RSI readings lower than the 30 level are considered oversold territory.
Combining RSI with Support and Resistance:
Support Level: This is a price level where a stock tends to find buying interest, preventing it from falling further. If RSI is showing an oversold condition (below 30) and the price is near or at a strong support level, it could be a good buy signal.
Resistance Level: This is a price level where a stock tends to find selling interest, preventing it from rising further. If RSI is showing an overbought condition (above 70) and the price is near or at a strong resistance level, it could be a signal to sell or short the asset.
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 Near 200 Ema weekly supportHDFC near 200 EMA weekly support range.
Recently, due to poor results, HDFC has a retracement.
The stock has been within this range for the last 4 years.
Given that HDFC is fundamentally strong, the correction gives a good opportunity to invest for the long term.
HDFC BANK S/R for 17/10/24Support 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.
20 EMA (Exponential Moving Average):
Above 20 EMA(50 EMA): If the stock price is above the 20 EMA, it suggests a potential uptrend or bullish momentum.
Below 20 EMA: If the stock price is below the 20 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.
RSI: RSI readings greater than the 70 level are overbought territory, and RSI readings lower than the 30 level are considered oversold territory.
Combining RSI with Support and Resistance:
Support Level: This is a price level where a stock tends to find buying interest, preventing it from falling further. If RSI is showing an oversold condition (below 30) and the price is near or at a strong support level, it could be a good buy signal.
Resistance Level: This is a price level where a stock tends to find selling interest, preventing it from rising further. If RSI is showing an overbought condition (above 70) and the price is near or at a strong resistance level, it could be a signal to sell or short the asset.
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.
Cup and Handle in HDFCBANKAble to spot Cup and Handle pattern in daily timeframe of HDFCBANK. Near term target and next targets are estimated.
HDFC Bank LongHDFC Bank- Set ups
MTF Analysis
HDFC BankYearly Demand Beakout 1303
HDFC Bank 6 Month Demand Breakout 1303
HDFC BankQtrly Demand Breakout 1303
HDFC BankMonthly Demand 1481
HDFC BankWeekly Demand BUFL 1481
HDFC BankWeekly Demand BUFL 1600
HDFC BankWeekly Demand DMIP 1628
HDFC BankWeekly Demand DMIP 1629
Time HDFC Trade above 1257 Strong Confirmation Long
Weekly Demand Momentum Impulsive Patterns WDIMP
Daily Demand Momentum Impulsive Patterns DMIPS
ENTRY -1 1628
SL 1600
RISK 28
Taget as per Entry 2372
Points to Gain 372
Latest Last Swing High 1794
Latest Last Swing Low 1422
HDFC Bank: Navigating Bearish Momentum Amid Key LevelsNSE:HDFCBANK : Navigating Bearish Momentum Amid Key Levels
NSE:HDFCBANK : is currently facing bearish momentum, encountering significant downward pressure as it tests key support levels. As traders, it’s crucial to analyze the following resistance and support zones to gauge potential market movements:
Resistance Levels:
1726 / 1716: These levels are pivotal resistance points. A failure to breach these zones may trigger sell-offs, reinforcing bearish sentiment in the stock.
Support Levels:
1676 / 1636 / 1596: The stock is attempting to establish support near 1636. A break below this critical level could accelerate downward momentum, signaling further weakness and inviting additional selling pressure.
Upcoming Catalysts:
HDFC Bank will announce its Q2 earnings report on October 18. This upcoming event is likely to introduce volatility, potentially influencing price action significantly.
Market Outlook:
Despite efforts to maintain support at 1636, HDFC Bank's overall trend appears weak. Traders should closely monitor price action around these key levels to anticipate potential shifts in momentum.
Disclaimer: I am not a SEBI Registered Research Analyst (RA). This analysis is for educational purposes only and should not be considered as investment advice. Please conduct your own research or consult a financial advisor before making any trading decisions.
If you found this analysis helpful, please consider sharing, following, or boosting this idea! Your support is greatly appreciated!
HDFC BANK S/R for 12/10/24Support 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.
20 EMA (Exponential Moving Average):
Above 20 EMA(50 EMA): If the stock price is above the 20 EMA, it suggests a potential uptrend or bullish momentum.
Below 20 EMA: If the stock price is below the 20 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.
RSI: RSI readings greater than the 70 level are overbought territory, and RSI readings lower than the 30 level are considered oversold territory.
Combining RSI with Support and Resistance:
Support Level: This is a price level where a stock tends to find buying interest, preventing it from falling further. If RSI is showing an oversold condition (below 30) and the price is near or at a strong support level, it could be a good buy signal.
Resistance Level: This is a price level where a stock tends to find selling interest, preventing it from rising further. If RSI is showing an overbought condition (above 70) and the price is near or at a strong resistance level, it could be a signal to sell or short the asset.
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.
can go long in HDFCHDFC at its critical support levels
can go long from here for good risk to reward ratio
HDFC BANK S/R for 8/10/24Support 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.
20 EMA (Exponential Moving Average):
Above 20 EMA(50 EMA): If the stock price is above the 20 EMA, it suggests a potential uptrend or bullish momentum.
Below 20 EMA: If the stock price is below the 20 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.
RSI: RSI readings greater than the 70 level are overbought territory, and RSI readings lower than the 30 level are considered oversold territory.
Combining RSI with Support and Resistance:
Support Level: This is a price level where a stock tends to find buying interest, preventing it from falling further. If RSI is showing an oversold condition (below 30) and the price is near or at a strong support level, it could be a good buy signal.
Resistance Level: This is a price level where a stock tends to find selling interest, preventing it from rising further. If RSI is showing an overbought condition (above 70) and the price is near or at a strong resistance level, it could be a signal to sell or short the asset.
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.
HDFCBank_06.10.2024This is my first chart on HDFCBANK in last few years. After many many years of consolidation finally HDFC Bank is on the verge of breakout but may still not provide high returns and continue the move in a higher highs pattern within a rising range.
My view may disappoint many investors but this is what happens when free float increase to unprecident levels in any stock.
HDFC Bank in a Bearish Momentum: Key Resistance and Support ZoneHDFC Bank in a Bearish Momentum: Key Resistance and Support Zones
NSE:HDFCBANK is currently exhibiting a negative trend, facing downward pressure near key levels:
Resistance Zones: 1706 / 1716 / 1726 – These levels could act as significant barriers, with potential sell-offs if the stock fails to breach these zones.
Short-Term Support Levels: 1645 / 1595 – A break below these support zones could accelerate the downside move, signaling further weakness in the stock.
As market volatility increases, it’s crucial to observe price action around these levels to anticipate the next move.
Disclaimer: I am not a SEBI-registered Research Analyst. This analysis is solely for educational purposes. Please do your own research and consult a financial advisor before making any trading decisions.
Hdfc bank levelsHdfc bank took support at 20 dma(1658)
Looks like a strong point incase if it manages to sustainable above 1640 levels we may see some good recovery from 1804 levels stock have corrected
HDFC Bank at support, will it hold?Price is at the angle 3 at the moment. We have confirmed Resistance at 1790 area. Now we are selling hard. I don't thing the angle will hold the price and we will see RED UMVD soon !
$HDFCBANKprevious range high on daily is 1669
may get a sweep tad below it but recon this leads the charge
close above 1687 tomm and this would have held on to the 7 ema on the weekly setting us up for Monday
Dixie at key resistance manifesting a nuke next week !
HDFC BANK S/R for 4/10/24Support 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.
20 EMA (Exponential Moving Average):
Above 20 EMA(50 EMA): If the stock price is above the 20 EMA, it suggests a potential uptrend or bullish momentum.
Below 20 EMA: If the stock price is below the 20 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.
RSI: RSI readings greater than the 70 level are overbought territory, and RSI readings lower than the 30 level are considered oversold territory.
Combining RSI with Support and Resistance:
Support Level: This is a price level where a stock tends to find buying interest, preventing it from falling further. If RSI is showing an oversold condition (below 30) and the price is near or at a strong support level, it could be a good buy signal.
Resistance Level: This is a price level where a stock tends to find selling interest, preventing it from rising further. If RSI is showing an overbought condition (above 70) and the price is near or at a strong resistance level, it could be a signal to sell or short the asset.
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.
