SWING IDEA - HDFC LIFE INSURANCE HDFC Life Insurance , one of India's leading life insurance companies, is showing strong technical signals for a swing trade.
Reasons are listed below :
750 Zone Breakout : This level has been tested several times and the stock is now poised to break out, indicating potential upward momentum.
Breaking Consolidation Zone of 3.5+ Years : The stock is emerging from a prolonged consolidation phase, which could signal the start of a new bullish trend.
Highest 52-Week Close : It recently achieved its highest close in the past 52 weeks, reflecting strong market sentiment.
Trading Near All-Time High : The price is approaching its all-time high, showing that the bullish momentum is intact.
Trading Above Weekly 50 and 200 EMA : This reinforces the positive outlook, with the stock maintaining its position above key moving averages.
Target - 870 // 990
Stoploss - weekly close below 660
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@visionary.growth.insights
HDFC
HDFC Bank Showing can go upto 2000 and above.HDFC Bank has been in a consolidation phase between the range of 1300 and 1700 for a long time (3-4 year).
It has finally closed above the key resistance level of 1710 and trading around the level of 1740.
It is also forming reverse head and shoulders pattern and have given the breakout above its neck which is another sign for its bullish momentum.
It is a good time to add some quantity in your portfolio for good risk to reward ratio.
For conservative traders or investors, they can wait for a retest of the level of 1710 and buy some quantity with the stoploss given in the chart.
HDFC BANKTechnicals:
1) HDFC Bank share was in a range for almost 3.8 years.
2) Despite seven previous attempts, the price failed to close above the trend line, but on the eighth attempt, it successfully closed above it.
DISCLAIMER: Strictly for discussion purposes only, not for making investment decisions.
HDFC BANK LONGTERM
HDFC Bank can be a good long-term investment for a number of reasons, including its quality, stability, and returns:
Quality
HDFC Bank has higher scores for quality than other blue-chip lenders, and its stability ratios are superior.
Returns
HDFC Bank has given returns of +18.93% in the last year, and +82.31% in the last 3 years.
Analyst ratings
18 analysts have given HDFC Bank a strong buy rating, and 14 analysts have given it a buy rating.
However, stock investment depends on several factors, and investors should consider their own investment goals and horizon before investing.
GREAVESCOT LONGGREAVESCOT is the growth stock but its in IT sector we found Rs.800 is a under value Rs.1700 is a over value based on up-to this year company result....
so this value(under and over value) will change year to year
but now this stock will reach RS.800+(under value) like a growth stock after that it will act like a value stock up-to Rs.1700+(over value)
long-term doesn't want perfect entry
my entry was 163
company wont go ZERO
ITS A INVESTING PURPOSES>>SEPUCLATION IS RISK... WE ARE NOT RESPONSIBLE FOR YOUR SEPUCLATION PROFIT AND LOSS>>>BUT WE ARE RESPONSIBLE FOR YOUR INVESTING PROFIT AND LOSS
HDFC Long ScenarioI believe HDFC will move past Rs.2000/-
Despite Posting good results HDFCs price is trading in btw 12% Zone (1540-ATH) Since March 2021
My Thoughts:
HDFC was trading at High valuations due to its leadership in sector before 2020. Now HDFC leadership is gone, just like Asian paints superiority .So, Valuations are adjusting and price not moving with good results.
With Reduction of PB Value to 3.
Best Entry Zone is 1520-1540.
TGTs are 1920,2000,2100
A Clear Breakout on HDFC AMC ChartHere you can witness a clear breakout of the Trendline in Blue Color and Resistance Level in Red Color, Which means this share is ready to enter in up-trend now. One can consider this share for a good return in the Long Term period. But for a short period, my defined targets are as below:
Entry above - Rs 2000
1st Target - Rs 2200
2nd Target - Rs 2300
Long-Term Target - Rs 3000
Stoploss (Which needs to maintained) - Rs 1961
Note: Please discuss with your advisor before taking any trade as per my analysis.
HDFC BANK RE-ENTRY LEVELS FOR SWING TRADING 18/06/2024STOCKS FOR SWING TRADING (SHORT TERM) 18/06/2024
NO.8
#HDFCBANK
Re-Entry Price - 1600 (CMP 1596)
SL - 1460
TARGET - 1750, 1900, 2000 (10 - 20 - 25%)
@jagadheeshjp
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we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
HDFCLIFE: Interesting Price Action!The chart is self-explanatory as always :)
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⚠️Disclaimer: We are not registered advisors. The views expressed here are merely personal opinions. Irrespective of the language used, Nothing mentioned here should be considered as advice or recommendation. Please consult with your financial advisors before making any investment decisions. Like everybody else, we too can be wrong at times ✌🏻
Buy HDFCReason found to buy HDFC. LIC to take a 9.99% stake in HDFC. The acquisition will be completed within 1 year of time. It is a very big and positive news for shareholders. Those who have the stock hold it and those who don't buy it. Really a great news for Banking and Finance industry of India also. The stock will break its previous lifetime high to make a new one in the coming future.
HDFC BANK LOOKS GOOD @ ...After A Fall of 8% Hello everyone. So in this video of Hdfc Bank, we have talked about The overall history of Hfc Bank, from the point where we have seen the split in this talk in 2019. And then after we have seen a fall, and then after we have taken a slide insight about the top it made in 2021. Then after we have seen the levels where market have been sluggish and been passing it time from last two years. So we have marked few levels with Lines, as you can see in the charts of video. And then after we have talked about the levels where we should be looking for the buy entry in coming fall, if it falls further But we are not bearish on this talk. We have buy entry possible if you can take We don't want you to take a full entry. You can try with a smaller positions, ok? And if it falls further, then we can go for a better chunk of quantity So this is all on the hdfc bank Thank you.
What to do with HDFC Bank Stock now is the question of the hour.My personal view point: (Educational Analysis)(My 2 cents)
1) HDFC Bank Remains a Portfolio Stock.
2) When to Mega Companies combine their forces such results can happen.
3) The momentum of fall can take the stock further down.
4) What HDFC needs to improve their Deposits and work on their Profit Margins.
5) Those who have HDFC Bank can hold it and see if it can bounce from 50 Weeks EMA on a weekly Closing.
6) Further support for the stocks will be at 1369 or 1271.
7) Think of reducing if 200 Weeks EMA is broken on weekly closing.
8) Reduce further if 1369 is broken on a weekly closing.
9) Reduce further if 1271 is broken on a weekly closing.
10) Those who want fresh entry can wait for the bottom formation and bounce thereafter.
11) Pain for 2/3 quarters more might be instore for investors.
12) HDFC remains a Long term investment idea.
The above information and that in the video is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
HDFC Bank simplified! Too much panic.Seems to be correcting in a 3 wave (Zig-Zag) manner after 5 waves up!
Almost at the golden pocket, let's see how the price reacts from there.
Great setup in my opinion with a clear invalidation level.
Nothing much more to say, will update in a few days.
Thanks for reading!
HDFC life looks goodIn this video, we have seen the hdfc live a short history from which level it started The level it hit and the levels which we are expecting in coming days. We have provided few levels for entry. We have also provided few stop losses Other than that, we have provided few targets in this video . Please go through the video And if you have any question, now, please feel free to ask or send me a message. I will try my best to answer those questions. Thank you everyone