HDFCBANK
HDFC BANK script stuck in sideways range HDFC bank stuck in sideways script put alert on break down or break up ... for next bumper move
HDFC bank M/D demand zone :875 - 815 M/D demand zone :875 - 815
cmp : 1047 10 Aug 2020 , price comming down but reacting from upper weekly demand 1000
HDFCBANK bearish in 15 minutes time frame HDFC bearish in 15 minutes time frame ShORTING for short time ;)
HDFC bank Hello!! HDFC Bank is really a great bank one of the topper of the nifty 50. since it is touching the lower trendline, therefore, more possibility of going long from here but nowadays banks are not performing good so can't say much. #my_view #learner
Head and Shoulder on BNBank nifty has formed Reversal Pattern H&S with right shoulder little skewed to upper end but the neckline break signifies a trend to downward is possible for the coming days and weeks.
HDFC BANK READY TO FLYBUY
TARGET 1 : 1250
TARGET 2 : 1300
STOP LOSS : 1070
**These are my personal observations. Please trade at your own risk.**
HDFCBANK at an important levelNSE:HDFCBANK is an important stock as it has the power to really move the Indian broad market index, NSE:NIFTY .
After some rather strong moves towards the end of last week, we can see it closing in on its next resistance (highlighted red) soon. With a strong Earnings reported over this weekend (double-digit growth), one of two possibilities emerge:
Strong moves were due to favorable earnings expectations and it can be a "buy the rumour sell the news" scenario
The momentum continues and we see some more positive moves ahead for HDFCBANK.
If HDFCBANK is able to power through its coming resistances, it will become that much easier for NSE:NIFTY to be comfortable at higher levels, too.
HDFC Shows Buy OpportunityRISK DISCLOSURE:
Technical analysis of FOREX and INDIAN MARKETS. We are not SEBI REGISTERED ANALYSTS The views expressed here are for our record purposes only. Please consult your personal financial advisor before investing. We are in no way responsible for your profits/losses what so ever.
HDFCBANK - GO SHORT @ 1150 FOR A GREAT RRHDFCBANK - GO SHORT @ 1150 WITH A SL OF 1233 AND A TARGET OF 832. TARGET SHOULD BE ACHIEVED BY MID-AUGUST
HDFCBANK .............All the way to.. ???Broken the trandline resistance @ 1077-1080 levels.... Heading to 1160+ levels and above.
HDFC BANK ::: A POSIBILITY18 JUL 2020
INSTRUMENT: HDFCBANK
CMP: 1098.45
TIME FRAME: DAY
EXPECTED TREND: LONG
PRICE ACTION:
EXPECTED GAP UP OPENING
TARGETS FOR THE DAY ARE:
1103.52 1120.93
CHART ANALYSIS:
THERE IS A STRONG RESISTANCE AT 1128 WHICH GOT REJECTED ON 09 JUL 2020.
MY ANALYSIS:
EXPECTING HDFCBANK TO COME BACK TO 1053 ONCE IT GETS REJECTED AROUND 1128 ON MONDAY.
SAFE TRADERS CAN SHORT HDFC BANK BELOW 1079.
RISK TRADERS CAN SHORT BELOW 1118 LEVELS
STOP LOSS FOR BOTH WOULD BE 1128.
RISK DISCLOSURE :
Technical analysis of FOREX and INDIAN MARKETS. We are not SEBI REGISTERED ANALYSTS The views expressed here are for our record purposes only. Please consult your personal financial advisor before investing. We are in no way responsible for your profits/losses what so ever.
HDFCBANK can be good buy at 1063/1060 levels for short term HDFCBANK can be good buy at 1063/1060 levels for short term
HDFC BANK - Hammer Candle - Result announcement on 18th July#HDFCBANK Strong Growth in Deposits and Loans in street view. CASA is good. Since two day stock was closing below 20EMA but today closed above 20EMA with Hammer candle. Stock will be volatile due to upcoming quarter result. Today stock got support over baseline of ichimoku but still below conversion line.
Showing Bearish result in Technical Parameter:
CCI is treading down but showing reversal
MACD is treading down above 0
RSI is treading down but showing reversal
Stoch is treading down
MFI is treading down
ATR is decreasing since 3 day
Short covering
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Support : 1000 and 959
Breakdown : 1031
LTP : 1062.35
Breakout : 1080
Short Target : 1100
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Positive & Negative Point:
1) Neutral in Daily/Weekly while Bullish in monthly chart
2) Hammer candle
3) Relative Strength - sectrol index is increasing
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(Disclaimer: This is only for educational purpose and paper treading.)
HDFC - Wolfe Wave Hdfc has wolve wave in daily chart and its looking bearish... targets on chart. As its on daily chart so it may take more than a month to reach target... Only above 1117 think for long in hdfcbank
