HDFCBANK
HDFCBANK Bullish for Intraday Tomorrow For some days HDFCBANK is moving in channel. Presently it at the lowest point of the channel, it might show a bullish move tomorrow for Intraday.
Just my observation, take you trade as per your understanding.
HDFCBANK | 26th JulyHDFCBANK stock chart shows weakness which is going to extend further considering the breakdown suggested in charts. strong support at 1400 level.
HDFC Bank can give breakout in either directionThe HDFC Bank will give a decisive breakout in either direction in the coming days.
hdfcbank RSI is low on hourly chart and in past such low levels of RSI has shown upmoves. This is indicating a upmove in today's session. If 21 DEMA seems to reversing from 200 DEMA
Bank nifty move will be sharp and directional on Monday. tomorrow i will trade with more than 80% of my trading capital with directional trade.
Why?
Because of last day bank nifty plot a master candle and after master candle there is a high probability of one side sharp move.
so you can trade with a good quantity out of the range of 35200 and 34900.
HDFCBANK | 08-07-2021Strength : In today's session (07th July) the stock price managed to close above 200 DEMA ( 1D chart) and day's low was 1527.70.
Concern : Since Mar 2021, whenever the stock tried to cross 200 DEMA , it has retrieved back. So for tomorrow's session ( 08th July) the test is to see if the stock price stays above 200 DEMA. Another concern is that RSI level is 64.10 which is a slightly high level. Considering the above, according to my analysis, the trading range will be
Trading range: INR 1515. ( average of Open & close of 06th July) and 1545.35 (high of 07th July)
Any movement below or above the range can be a game changer.
hdfcbank 07th JulIt is important for the price to stay above INR 1525 in next session (07jul 2021) to confirm the breakout. Also check out close of 21st may and open of 06th july - confirming the end of consolidation and start of up move from here .
Trading range : INR 1515 - INR 1545
Triangle shape Wating for HDFC BANK for breakout the Upper Resistant Line. It's is the best time to buying.
HDFCBANK GO UP BUYTRADING SUGGESTION:
Now we looking to the market still growing to the profit zone,so enter buy trade,GOOD LUCK
INDIAN STOCKS
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TAKE A TRADE,SIT BACK AND RELAX
LIKE AND SHARE
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
Follow for More Chartings
short opportunity on Hdfc bank intradaythere is a short opportunity on Hdfc bank for intraday intraday
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.
Thanks & regards
Sakthi
HDFCBANK 29th June 2021HDFC bank is expected to continue to move in parallel channel. Major resistance at 1525 Level. if this is crossed tomorrow then breakout is obvious expectation.
Note : my ideas are for continuous learning and I wait for your comments for improvement.
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.
