Hdfc bank Chart HDFC Bank Need to see if 1474 resistance can break out once it break this level.it can reach to 1500-1530 levels
HDFCBANK
HDFCBANK
Go long above green zone
Short on break below red zone
Head and Shoulders Top formation - Wait & watch for eventual breakout direction
Above Average volume must on downward breakout.
In case of upward breakout, average volume is preferred, though high volume is also alright
HDFC Intraday Strategy for 10-02-2022HDFC Intraday Strategy for 10-02-2022
Buy above 2463.30 (if retest Pass)
Sell if retest Fail
Nifty, Banknifty and top stocks analysis for tomorrow + levelsNifty saw a recovery, but failed to hold above 17,300. Market-wide sentiment appeared a little weak. What's your view?
Pick at 1400 level Pick at 1400 level with target of 1500 or 1550
always ites touching 14XX lvel and 1500 level
Nifty, Banknifty and top stocks analysis for tomorrow + levelsBudget over rally over? We saw Nifty closing almost exactly at the budget day's closing price, possibly owing to a resumption of FII selling. Where do you think we could be headed? Do you foresee a deeper correction? IT especially looking a little weak.
Buy HDFC BANKBuy and hold hdfc bank above 1530.
Target is 1570.
Breaking above 1575 will give H&S pattern breakout will take it up to previous all time high.
Nifty, Banknifty and top stocks analysis for tomorrow + levelsThe market ended on a rather indecisive note after gapping up. How are you going into the Budget day? What's your view?
Nifty, Banknifty and top stocks analysis for tomorrow + levelsNifty, Banknifty and top stocks analysis for tomorrow + levels ahead of the budget. What's your view? Banks underperformed and IT did a little well.
HDFC BANK 1:5 TRADE SETUPNSE:HDFCBANK has corrected around 15% from its all time high and price is currently at an important support trendline.
Price opened gap down but still made green candle in the last 2 trading sessions - showing demand as price approaches the trendline.
A 1:5 trade can be taken with a very tight stoploss.
It is important to note that script is very weak and oversold and may continue to be so.
Low probability but low risk high reward setup.
Book profits at the top of the channel and trail stoploss.
Position size accordingly. HAPPY TRADING!
Nifty, Banknifty and top stocks analysis for tomorrow + levelsBanks stole the show today, while the rest of the market disappointed. IT continues to fall, but that might make for a good RR trade. What's your view?
Nifty, Banknifty and top stocks analysis for tomorrow + levelsWe saw a stellar intraday recovery in the market today, with the key performers being SBIN and Axis Bank. Kotak Bank recovered 5% from highs. Yet another day for the banking sector. What's your view on the market?
hdfcbankNSE:HDFCBANK
forms a cup handle pattern, and given a breakout
200dma , 200ema in daily time frame
best time for enter for the target upto 1667 in short term
with sl ==1483
cmp= 1531
plz do ur own analysis before taking trade.
Nifty, Banknifty and top stocks analysis for tomorrow + levelsNifty retested 17k, kicking off the pre-budget week with a bang. India VIX gains massively to 22.83. Banks, while relatively better, still slipped. What's your view on the market?
Nifty, Banknifty and top stocks analysis for tomorrow + levelsNifty breaks down, closing below 18. Banknifty survives! What's your view on the market? Pre-budget volatility, profit-booking or a deeper rejection of highs?
Nifty, Banknifty and top stocks analysis for tomorrow + levelsBanks managed to help Nifty close above 18100 despite strong selling ahead of the FM announcement (which turned out to be a whammy). What's your view on the market?
Nifty, Banknifty and top stocks analysis for tomorrow + levelsNifty was strangled by private banks today, but still managed to hold above 18300. Do you think we will be able to see a fresh ATH before the budget announcement?
HDFC Bank live chart after results After the results the bank stock fall and become range bound.
Breaking above the triangle will trigger some buying.
HDFC BankFor Educational Purpose ONLY.
A rising wedge is formed by two converging trend lines when the stock’s prices have been rising for a certain period.
Before the line converges the sellers come into the market and as the result, the prices lose their momentum.
This results in the breaking of the prices from the upper or the lower trend lines but usually, the prices break out in the opposite direction from the trend line.
Depending upon the location of the rising wedges it indicates whether the trend will continue or reverse.
Nifty, Banknifty and top stocks analysis for tomorrow + levelsNifty managed to inch higher, but banks slipped considerably. Despite the selling SBI and ICICI Bank managed to hold their grounds well, while HDFC Bank and Kotak Bank were the key draggers. What's your view for the week's finale?
Nifty, Banknifty and top stocks analysis for tomorrow + levelsNifty has closed above 18k once again. Do you think the bulls will be able to hold on to this level? Infosys and TCS results are awaited!
Hdfc Bank trading setupHDFC Bank
1570-75 Resistance area
This area is multiple time tasted and today the stock is closed 13 points lower from it's high.
Breaking above 1575 will take it up to 1600.
