Buy HDFCBANK 1565 TGT 2200/2650 sl Below 1230Hdfcbank has given a meaning full correction on intraday basis and is taking the support on major levels, It has been in deep consolidation from last 2years and now looks like operators gave a false news for the fall and bought it in a block deal on lower levels which is generally the trick to buy on lows.
HDFCBANK
HDFCBANKNSE:HDFCBANK
One Can Enter Now !
Or Wait for Retest of the Trendline (BO) !
Or wait For better R:R ratio !
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low.
2. R:R ratio should be 1 :2 minimum
3. Plan as per your RISK appetite and Money Management.
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose
When will you get Gains on HDFC Bank? In how many days?I can see that HDFC Bank has touch this level so many times and it had gained a lot around 10%-15% in 30 to 40 days as I have drawn in the chart.
From this point I have clear vision of making around 20% gain.
It may show good upward move as the Nifty and Sensex stabilize.
HDFBANKNSE:HDFCBANK
One Can Enter Now !
Or Wait for Retest of the Trendline (BO) !
Or wait For better R:R ratio !
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low.
2. R:R ratio should be 1 :2 minimum
3. Plan as per your RISK appetite and Money Management.
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose
HDFC--Near to Support??The stock is trending downwards....
In Higher time frames price is in channel....
price is at support + trendline.
If it is a bullish turn price breaks the trendline and retest will look for buy side....
If no break is detected and again falls will be on short side....
most chances of fall again...it has to clear the liquidity @1600 levels...
Keep safe...
HDFCBANK HDFCBANK - The stock has a bearish wave downwards and could continue to further lower levels. A consolidation below the trendline is a possibility. However, the moves are quite strong when in wave 3.
This idea is based on the Elliott Wave theory. Manage your own trade/Investment with proper risk management.
HDFC BANK pattern breakdown?A rising wedge type of pattern can be observed in the weekly chart of HDFC Bank. Price has failed to breakout above the 1750 level 4 times in the past 2 years. Price seems to have broken down on the weekly chart from the pattern.
Supports at 1580, 1530.
Good medium to long term buying opportunity if it reaches around 1410 which is the 200 EMA on the weekly.
HDFCBANK--Trading in a channel??the stock is trendnig upwards...
previously a strongfall is observed from the zone 1740.
price again broken this zone and failed to close above that zone...
and again a strong fall is observed...
now price is trading near to its previous resistances...
keep an eye on these levels...
#MUTHOOTFIN... Looking good 25/07/23#MUTHOOTFIN...
Intraday as well as swing trade
All levels given in charts ...
IF good potential seen then we work in options also
if activate then possible a good movement Keep eye on this ...
We take trade only when it activates...
Possible to give good target
TRADING FACTS
HDFC - Almost nearning demand zoneHDFC is nearing demand zone.
Good buy on the Banknifty and HDFC for short term once it touched the demand zone.
Note: This is for educational purpose.
HDFC about 40%-50% over a period of next one year.The largest merger agreement in India to date, between HDFC and HDFC bank, has piqued the interest of Indian investors. Whenever there is news about a merger, prices peak in the near term and then recover. So, for the time being, it is extremely possible to halt current progress and retrace to 1600 before rising to 2600-2800 during the next year.
HDFC BANK 15.6.23 - 5 pm
Disclaimer - I am not a trained or registered analyst. I do this only for my learning.
I am not responsible for anyone's losses or profits .
Analysis - On daily TF
1. Has closed below rising trendline, so looks like a breakdown.
2. Has closed below 200 EMA
3. Seems to break lower trendline also.
4. RSI also is heading towards oversold zone.
Lot of confluences towards downside.
Possible to reach lower swing at 1556 levels and if breaks further then 1530 levels are possible.
HDFC Bank Intraday Analysis: 19-Jun-23HDFC Bank imp zones mentioned on chart, all reversal and expected move mentioned with Arrow line, RED: Sell, Green: Buy
Sell< 1589 SL: 1601 Target : 1583,1570,1569
Buy>1606 SL: 1589 Target : 1612,1622,1645
Wait for Proper Rejection on lower time fames at levels :
@Support : Bullish
@Resistance : Bearish
Use SL trialing Method
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*All views for educational purpose only
HDFCBANK--First Short then Long??HDFCBANK::
Bullish view From 1580 and 1540 range::
----->>
HDFCBANK currently trending downwards....
we have a bearish gap left @1680 zone....
that will again push the price downwards....look here for sell @1680 zone...
we have demand zones placed @1540 range will take the price again upto 1740 range...
look here for buy to continue in the short term long.
short term Bearish View from::
1640 zone::
HDFCBANK--Weak Support @1600 ??Observations::
After a strong fall price is not able to break the previous high,
and price is exactly now @ support,looks like its weak @1600 levels.
if price breaks 1600 levels,price fall is observed upto 1580 and 1540 levels.
Don't go for sell in HDFCBANK, it may reverse at any place in this levels.
look here for buyside until bearish gap filled on above 1640 and 1680 levels.