HDFCBANK
HDFC In Channel PatternHdfc is in a good channel pattern and has shown good strength near its demand zone if tomm it break the green trendline we can go long for a good target as RBI has also released good FSR July 2021.
Be a smart trader not a horny one, wait for breakout of green line and let it retest or show show good volume
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HDFC Small Correction ExpectationHi Traders,
Inside Bar Breakout 1H frame
Entry Yellow Below Breakout (avoid Gap-Up)
Sl make candle High
Its Profit Making Strategy
Simple & best techniques for Trading called S&D Zone easy to understand for making Profitable Trade. Believe Price Action, has the potential to change your trading lives.
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Sakthi
HDFC bank ( Long) : 25th JuneHi, HDFC bank has made a cup and handle pattern ( confirmed!) and is expected to go up from current INR 1505 Levels. I will like to take fresh long as chart pattern suggest INR 1640 very soon.
For tomorrow's trade charts are suggesting upmove with INR 1525 as crucial resistance.
HDFC Long 24 June 2021HDFC is Going Long in Next 2 Days.
Fundamental Analysis : HDFC Buys More Stake.
HDFCBANK bounced from Bat Pattern prztHdfcbank hourly chart has bat pattern formation and prices did bounce from its prz area, hence if it holds these support levels, we might see prices going upwards in the near term towards 1500 levels.
The stock would be very bullish above 1500 levels.
The entire analysis would be negated below 1450 levels and would need analysis revision.
HDFCBANK - Good time to enter/pyramiding - Swing/InvestmentThe above analysis is done purely on basis of Price Action & Chart Patterns.
The analysis is done on weekly TF hence price may take few days to few weeks in order to reach the targets.
Trade Entry - Either above the high of breakout candle or on small pullbacks
Target and SL for both patterns are given in image.
The above analysis is purely for educational purpose. Traders must do their own study before entering into any trade. Traders must trade as per their own risk taking capacity and money management.
Feel Free to comment or message me for any query or suggestion regarding this stock or Price Action Analysis.
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