HDFC Short positionOn the chart we can see a rising wedge.
We are looking for the price reach the upsloping resistance to enter short.
Then we expect the price will go down to retest the support line.
Invalidation of this thesis would be if the price breaks above the upsloping resistance line.
HDFC
HDFC LimitedJust filled the previous gap and now approaching long term resistance...
lets c if it breaks and sustains...
Happy trading...
Like and share...
Follow for more updates....
HDFC Life Stock Analysis HDFC life stock make a decending Triangle pattern in uptrend (major trend down).
You can add this stock in your swing stock watchlist.
if stock breakout the pattern then for long if breakdown the lvel then for short
Always do your own analysis first.......
#HDFC#HDFC tried to cross 2600-2700 levels multiple times in past 2 year but failed to do so and back to Pre-Covid level again. 2700 level turned out to be Important Resistance and VAH of 2021. Break below 2500 we might see some support around 2430-2450 below this it can turned to be more Bearish.
Expiry plan for Weekly Options TomorrowExpiry Plan for Tomm
Too much levels to show, thus I removed the 2 other possibility of how market can open. Putting the most likely event of GAP UP opening tomm, i see that the trend can be upside with quick fall back within the #blackline range for #banknifty
OI data is avoidd
Trend Analysis of HDFC According to TrendAnalysis you can take short position on #HDFC Support @2600
Expiry Day Plan for #BANKNIFTY Banknifty Expiry Plan is laid above, With weak resistances in place, it is expected to be a trendy upside expiry tomorrow.
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.
HDFCNSE:HDFC
One can enter Tomorrow, SL CAN be Low of Pervious Day candle.
If we have a Gap up do not take a trade, wait for your Price.
RR is critical.
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
2. Close, should be good and Clean.
3. R:R ratio should be 1 :2 minimum
4. Plan as per your RISK appetite
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose!
HDFC HDFC is trading at support zone can give upper side move from here and it also consolidate in this zone from the last 2 months
HDFCLIFE - BREAKOUT TRADEHDFCLIFE has been struggling to get past 600 levels since the start of 2022, every time prices reach there, it corrects all the way down.
Currently, prices are again at 600 levels and now price action is giving positive signs, that breakout might happen this time.
Price should sustain above 550 levels.
Above 600, it might test 650 levels very fast.
Wait for a breakout or buy on dip with strict stop loss.
HDFC Short viewHDFC is moving in this range from 1.5 months.
After breaking out it was unable to sustain above that zone. If it closes below the support zone of 2600 level, the chances of it going almost 100-200 points is possible.
Trade safe. Manage risk. Be profitable.
Please follow us for more simple trading analysis and setups. Also let me know in the comment in case you have any queries.
Disclaimer :- This is just my view. Please analyze charts yourself and then decide to take any trades.
Preparing to break the rangekeep this scrip in radar for intraday, its preparing to break the range.
HDFC BANK, GREAT FLAG PATTERN!!a great formation has been formed by hdfc stocks.
its a great bullish pattern, and as i have mentioned the waves, and the trend of waves, a long back in one of my idea(linked it below), the stock is following in the same way. it yet needs to go up by 10%, there is 3rd wave pending, and stock will go up soon.
but the risk part is that bank nifty, has been very overbought position, and it yet needs to be falled about 7%, i will bring a detailed analysis, in further coming ideas. but yet, this risked, is hedged, by the fall of SBI & ICICI banking stocks. this 2 very stocks had kept bank nifty at its ATH.
bank nifty will trade between the range of 43000-40000. its just that it needs to come to its major trend, since now it is in an overbought position.
yet this range will be maintained by great weighted bank nifty stocks, like hdfc bank, icici, kotak and sbi.
LAST POINT: have a look a volume bars too, for month, week and day time frames.
so i am bullish on hdfc bank as of now for this month.
(below i have just dropped some idea links related to banking sector for your own analysis).
HDFC AMCHello and welcome to this analysis
HDFC AMC has given a Bullish Harmonic Sea Horse breakout indicating a possible upside of 2300 as long as it does not break 1950
Good risk reward ratio in the offering
Happy Investing
At a Resistance, may face rejection Fin nifty is moving with taking resistance the trendline, friday we saw the price well respected the trendline and we saw some profit booking, profit booking may continue today as well
HDFCNSE:HDFC
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
2. Close, should be good and Clean.
3. R:R ratio should be 1 :2 minimum
4. Plan as per your RISK appetite
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose!
HDFC LONG (INTRADAY NOV 10)Hello TradingView community and my followers, please if you like the ideas, don't forget to support them with likes and comments, thank you very much and here we go.
.
HDFC is in uptrend on daily level and In 15 min it has given breakout of a trendline and it also has a multiple time tested resistance means it has become weak now and it is showing buildup near resistance that is the signs of breakout. Wait patiently and we could see upside momentum. Thank you !
HDFC LONG (INTRADAY NOV 9)Hello TradingView community and my followers, please if you like the ideas, don't forget to support them with likes and comments, thank you very much and here we go.
.
HDFC is in uptrend and has formed inside candle (bullish mother baby candle) on daily level. In 15 min it has given breakout of a trendline and it also has a multiple time tested resistance means it has become weak now and it is showing signs of breakout.Wait patiently and we could see upside momentum. Thank you !
LONG ON HDFC BANK!!i kept on buying its dip, from past several months. now i have a huge amount in this stock, and it has started its 3rd wave, and will give a great bull run.
back in few ideas, i had posted the waves, and the stock is following it properly(link below).
IN THE DRAWN CIRCLE: a good green candle has breached the purple trend line, and it all way long to go till 1800. one can earn around 20% returns within 3 months, from a great moving and safe stock.
past from few days, we could see that nifty 50 stocks are getting there upward movement, since FII have started entering the market.
yet i believe that the matter of interest rates in US, has not completely settles, but slowly things have started becoming normal, and US have moved away from the recession point(link below).
HDFC BANK had a lot of FII selling, and this will become normal in this upcoming 3rd wave.
FINAL POINT: do have a look on MOVING AVERAGES AND MACD.
50ma will crossover 100ma in few weeks, and MACD has shown some green candles.
"stay long on this stock, good for swing trade, long term and soon for momentum trading too".
