HDFC Study PurposeThere i have mentioned the support level for HDFC Bank. There are no buy and sell recommendation from my side to this stock its just study purpose
HDFCBANK
LT - Rady for next bull runBullish divergence found in LT on the daily chart. Confirmation is above 1545 with 1495 sl. Next run will be huge on breakout
Beml - Possible long from Their Support Beml has following a particular behavior from a long time. Stock is always pull back from their day support. Long Idea is based on it
SBIN 15 MIN INTRADAY ASCENDINGTHE INFORMATION IN MY IDEAS IS PROVIDE FOR EDUCATIONAL OR INFORMATION PERPOSES ONLY.
THIS IS NOT FINANCIAL ADVICE.
ENJOY SOME PROFITS
MAKE SURE TO HIT THE LIKE/SUPPORT FOR MORE
THANKS A LOT
WISE YOU SUCCESS
DHFL SHARE 1 WEEK CHART KEEP EYE THE (DEWAN HOUSING FINANCE CORPORATION LTD)
THE INFORMATION IN MY IDEAS IS PROVIDE FOR EDUCATIONAL OR INFORMATION PERPOSES ONLY.
THIS IS NOT FINANCIAL ADVICE.
ENJOY SOME PROFITS
MAKE SURE TO HIT THE LIKE/SUPPORT FOR MORE
THANKS A LOT
WISE YOU SUCCESS
LONG HDFCBANK FOR 2330-2350NSE:HDFCBANK is in Bullish Trend.
Buy Above 2311 With SL of 2290 For TGT of 2330-2350.
Breakout Possible Within 1 Week
HDFC Bank : Cup with Handle pattern brokenHDFC bank has broken it's cup with handle pattern last week.
Its time to make a good entry and enjoy this ride!
HDFC Bank :Cup with Handle patternHDFC bank cup with handle pattern has broken out last week.
Its certainly worth waiting for an entry to make the best use of this pattern.
$HDFCBANK completes ABCD . FIB ext 1.27 . Cnl objctv #NIFTY50$HDFCBANK completes ABCD . FIB ext 1.27 . Channel objective
HDFCBANK Long above 2160 Strategy 1 : Hdfcbank has performed fantastically this quarter again. If price action is to be believed, going long makes sense when hdfcbank closes above 2160.
Long HDFC futures above 2160 and sell 2200CE with SL 2145
Strategy 2 : Hdfcbank hovered around 2100 -2125 in last week. So, when the stock closes below 2125.
Sell futures below 2125 and sell 2125 PE with SL at 2145
HDFCBANK - SELL WITH A SL OF 2141 FOR A TARGET OF 1885HDFCBANK - LONGTERM VIEW AS ON 15 DEC 2018
HDFCBANK SEEMS TO BE MAKING A TRUNCATED 5TH WAVE IN THE C WAVE. IF IT DOES NOT BREACH 2142 BEFORE IT BREACHES THE RED 2-4 TRENDLINE (OF WAVE 5 OF WAVE C), IT IS IN FOR A DEEP TROUBLE. THIS WILL IMPLY THE BELOW
1. IT IS MAKING A TRUNCATION, WHICH WILL TAKE THE STOCK PRICE BACK TO 1885 PRETTY QUICKLY. NEED TO OBSERVE THIS CLOSELY
2. IT IS A START OF A NEW IMPLUSE ON THE DOWNSIDE. THE DOWN MOVE FROM 2240 TO 1885 IS AN IMPULSE AND SINCE IT HAS RETRACED MORE THAN 61.8%, IT CANNOT BE WAVE A, WHICH MEANS THE DOWNMOVE WAS WAVE 1
BASIS THE ABOVE TWO FACTS, IT CAN BE CONCLUDED THAT HDFCBANK IS IN FOR A GREAT FALL IN CASE 2075 COMES BEFORE 2141.
HDFCBANK Shorting the mammothHDFCBANK has single handedly held on banknifty so far in its run up, here is a sitaution where it marked a higher high and moved back within the range, provides a low risk contrarian trade opportunity.
can go quite ugly otherwise knowing what's its doing, still worth the try :)
turnaround if it happens in this, could also be a leading indicator on things to come in banknifty in coming sessions
HDFCBANK-Shy of peak. Weak RSI and incomplete last motive wave, irrespective good fundamentals make it for a good buy for a true holder.
Expect this to trade flat for a few weeks while people take profits.
Wait for it to reach the buy zone depicted in red.
Entry Price: below 1780(check technicals again when we are here, i will update the idea soon)
Stop: 1651
Take profits:
2665
3171
Happy trading
