HDFCBuy above 2495 with Stop-loss of 2476,
Targets can be 2502, 2521, 2545, 2575
Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Please consult with your Financial advisor before trading or investing
HDFC
HDFC LTD trading ideasLong term investor this is your right opportunity 2360 very strong support 🔥 for HDFC reversal definitely can be seen by this week so buy near 2360 and go long forever.
HDFC Treadline breaklong entry to next ressitance level resistance only concern is unfilled gap 2680
HDFC Positional BuyLong - If +DI & -DI reject each other.
T1 - 2680
T2 - 2800++
Disc: Not a trading recommendation. Educational purpose only.
H&S in HDFCH&S formation in HDFC
with markets also showing bearish signs,
maybe trading this pattern will be a good idea
stay cautious
trade wisely
HDFC - Chart Study - history to be repeated? This analysis is done purely based on Price Action. All the information/observations are mentioned in the image itself.
We all know that one of the most basic rule of technical analysis is that "History repeats itself".
Try to observe how history seems to be repeating itself in the charts of HDFC.
In order to understand the logic behind the analysis, pls check the below linked detailed analysis of HDFC done weeks earlier. All the logic is explained in that image itself.
This is not a trade recommendation.
This is for study & observation purpose as to how the price moves and how we can study its movement using Technical Analysis .
Feel Free to comment for any queries regarding the above stock or price action analysis in general.
Also check out my other ideas to understand how price action works and how it can be used to make regular profits without any complex strategies.