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HDFCBANK

Swing Trading Strategy: HDFC Bank (HDFCBANK)Stock Outlook: I maintain a bullish outlook on HDFC Bank (HDFCBANK) with a swing trade target of ₹1913.15 by February 27, 2025. This target aligns with the current technical and market trends indicating upward momentum. Stop Loss Strategy: To manage downside risk, ₹1600 has been identified as a crucial support level. Any daily settlement below this level will signal a potential breakdown, and positions should be exited accordingly. Key Notes: Risk Management: Ensure position sizing aligns with your overall risk tolerance. Timeframe: This strategy is based on a swing trading approach and is meant to capitalize on short- to medium-term market movements. Disclaimer: This trading strategy is for informational purposes only and does not constitute financial advice. Market conditions are subject to change, and all trades carry risks. Please consult a financial advisor or conduct your own research before making any investment decisions. Past performance does not guarantee future results.
NSE:HDFCBANKLong
by IndexAce
HDFCBANK Defies Market Panic Amid Election Volatility?HDFCBANK Stock Analysis – June 2024 Overview: On May 30, 2024, the HDFCBANK spot closed at 1514.85 with an ATM IV of 25.69. According to my algorithm, the VVIX (VolatilityVision Index) was at 25.5614, indicating that bullish investors in this stock were not panicking over the impending Lok Sabha election results on June 4, 2024. Key Levels: - Probable Resistance: 1600.10 - Ultimate Breakdown Level (Black Swan Event): 1239.65 - Crucial Midpoint: 1419.20 (derived from the average of the resistance and breakdown levels) Price Action Analysis: Post-May 30, 2024, these levels showed significant correlation with market movements: - June 3, 2024: Following stellar exit polls, HDFCBANK spot opened at 1599, which was also the day's high, demonstrating respect for the resistance at 1600.10. The stock closed at 1572.20. - June 4, 2024 (Election Results Day): The stock opened at 1557.00, peaked at 1559.00, and then collapsed to a low of 1454.00. This action again showed respect for the midpoint price of 1419.20, implying that traders bought the dip with a stop-loss at this level. Outlook: If HDFCBANK spot does not test the midpoint of 1419.20, I expect the stock to retest the resistance at 1600.10. This is my personal view, and I am not suggesting anyone follow this analysis without their own due diligence. Stay updated with more insights and analyses on our channel.
NSE:HDFCBANKLong
by IndexAce
HDFCBANK : Approaching Key Breakout ZoneOverview: HDFC Bank Ltd. is showing a series of breakout attempts, suggesting a build-up of buying pressure. The stock has repeatedly tested a resistance zone, indicating a potential for a breakout if this level is breached with strong momentum. Key Levels and Zones: Resistance Zone (Multiple Breakout Attempts): The stock has faced resistance around the ₹1,750 - ₹1,760 level on multiple occasions, marking this area as a critical breakout point. A sustained breakout above this level, particularly on a weekly basis, would signal bullish strength and could lead to a strong upward move. First Resistance for Retest (₹1,881): Once the breakout is confirmed, the stock may face initial resistance around ₹1,881, where some consolidation or a retest of the breakout could occur. Second Resistance for Consolidation (₹1,992): If the stock sustains above ₹1,881, the next significant resistance level is around ₹1,992. Consolidation at this level could provide additional momentum for further upside. Target Zone (₹2,231): Upon clearing the earlier resistance levels, the stock has potential to reach the target zone at ₹2,231, representing a new high and a possible long-term target for investors. Technical Indicators: The stock is trading near its 200-week moving average, suggesting it is above a strong long-term support level. The formation of higher lows indicates an uptrend, adding to the bullish sentiment.
NSE:HDFCBANKLong
by LiveTradingBox
Hdfcbank moments for intraday and option trading 26/Nov/2024Hdfcbank moments for intraday and option trading 26/Nov/2024 HDFC Bank share price climbed above Rs 1,800 to hit a fresh all-time high on 25 November, as trading volumes saw an extraordinary surge with the MSCI November rebalancing coming into effect. More than 21.5 crore HDFC Bank shares were traded across NSE and BSE — nearly 8.6 times its 20-day moving average volume of 2.5 crore shares. The bulk of the trading activity occurred in the final half-hour of the session, with 19 crore shares sold after 3:00 pm. The share price of HDFC Bank climbed above Rs 1,800 during the trading session, hitting an all-time high of Rs 1,803.55. It settled at Rs 1,785.6, up 2.3 percent from the previous close.
NSE:HDFCBANK
by ARROWINDEX
HDFC Bank Solid as it has been. HDFC Bank Ltd. engages in the provision of banking and financial services including commercial banking and treasury operations. It operates through the following segments: Treasury, Retail Banking, Wholesale Banking, and Other Banking Business. HDFC Bank Ltd. CMP is 1705.1. The positive aspects of the company are Attractive Valuation (P.E. = 18.8), Company with Zero Promoter Pledge, Stocks Outperforming their Industry Price Change in the Quarter and FII / FPI or Institutions increasing their shareholding. The Negative aspects of the company are Companies with High Debt, MFs decreased their shareholding last quarter, Declining Net Cash Flow. Entry can be taken after closing above 1717 Targets in the stock will be 1738, 1757 and 1773. The long-term target in the stock will be 1795 and 1818. Stop loss in the stock should be maintained at Closing below 1627 or 1614 depending upon your risk taking ability. Disclaimer: The above information 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.
NSE:HDFCBANKLong
by Happy_Candles_Investment
Crypto VS Equity : Which you will Choose for 3rd Qtr 2024This chart is very interesting for those who are struggling to find the investment opportunities. We have technical charts, And you can see 4 windows, upper two are cryptos and lower two are Indian Equity index. Now, if we look at the charts, you can easily understand that cryptos are running for this month whereas the equity part is falling , as we all are quick learners, so we can understand what's happening here. In simple words money is going out of various asset classes, even the gold, Fd's ,equities and being invested or traded with cryptos. After the US President election Crypto coins are running in optimism. As Donald Trump have positive stance towards cryptocurrency. And Nobody wants to be left out And so money is getting out of other investment assets. I love to here your views on this ... use Comment box
CRYPTO:BTCUSDLong
by Mohit_T
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
NSE:HDFCBANKLong
by Numan_SuriyaMohammed
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.
NSE:HDFCBANK
by Fight_Bulls_vs_Bear
1
HDFCBANK : Cup & Holder at Weekly chart // Bull run start?www.tradingview.com HDFCBANK : After a long years of consolidation started in Jan-21, now about to breakout through Cup & Handle Pattern. Here are few pointers for the pattern's stability: 1. Pattern is made on weekly chart which is substantially large time frame. 2. Consolidation time is very long ...almost touching 4-years. 3. RSI is at 80 which is extremely bullish. 4. Momentum / ADX is too bullish. 5. All institutional analyst are bullish The investment target can be atleast 45% up move in next 12 months period from current price level.
NSE:HDFCBANKLong
by Stox_Ware
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.
NSE:HDFCBANKLong
by MrSharelock
1
HDFCBANKNSE:HDFCBANK One Can enter now! Or Wait for a retest of the trendline(BO)! Or Wait for a better Risk:Reward Ratio! Note : 1. One should go long with a StopLoss, below the Trendline or the Previous Swing Low. 2. Risk :Reward ratio should be minimum 1:2. 3. Plan your trade as per the Money Mangement and Risk Appetite. Disclamier : You are responsible for your profits and loss. The idea shared here is purely for Educational purpose. Follow back, for more ideas and thier notifications on your email. Support and Like incase the idea works for you.
NSE:HDFCBANKLong
by CreativeCreature