HDFC BankHDFC Made a Double following while following the upper trend. Which is likely to fall from there and might get a rebound.
HDFCBANK
HDFC Short positionOn the chart we can see a rising wedge.
We are looking for the price reach the upsloping resistance to enter short.
Then we expect the price will go down to retest the support line.
Invalidation of this thesis would be if the price breaks above the upsloping resistance line.
HDFCBANK-Double TOP Forms @ATH ??HDFCBANK is at its All time High. again Reversed from ATH.
bullishness is continue or Reversal May Happen.
A strong selling pressure is observed at 1700 level ,look at the reaction at 1680 levels to go upside or downside.
if acts as Support price is moving upwards otherwise downwards. keep an eye at these levels.
HDFC BANK HDFC bank looking good & Looks like a perfect cup with handle pattern so ready to bullish rally
#HDFCBANK#HDFCBANK, That 1700-1730 level acting as an Important Resistance. HDFC Bank also tried to cross 1650 level multiples in past 6 month and failed in all the attempt.
This long consolidation in HDFC Bank looking like it can Breakdown to below level i.e 1480 level which is POC of last 2 year where it may find some Demand. Break below 1540 in coming week can print 1480 level.
June - July - Aug - HDFCBANK BacktestThis post is for personal use to track my Trading style and notes. Please do your own analysis before taking entry.
HDFC BANK AT CRUCIAL LEVEL !!!#HDFCBANK ( W TF)
👉 The stock is taking Resistance from weekly supply zone And also Consolidating near the Resistance zone & The support is at 1575.✅
👉Weekly Close below the 1575 will lead the fall to the 1500/1450/1380( i.e Next Demand Zone) in next coming trading sessions.
👉Add to your radar✅
HDFCBANK Keep on adding current level in equity segment.
Weekly Bollinger support and resistance mark on chart.
1540 important support.
#HDFC BANK looking good for 13 march #HDFCBANK...
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 huge movement Keep eye on this
We take trade only when it activates...
HDFC Bank back in trading channel
HDFC Bank has fallen back in its trading channel range. If it doesn't go up tomorrow, i feel it will test lower bound of channel soon.
HDFCBANK UPCOMING SUPPORT & RESISTANCE As per my analysis, here are support & resistance level of NSE:HDFCBANK for upcoming days.
Note: This is my personal analysis, only for learning. Thanks
Short Opportunity in HDFC BANKShort Opportunity in HDFCBANK over negative sentiment in BANKNIFTY.
1. High possibility to revert to 200 EMA to take support. (Mean reversion)
2. Breaking down below the 21 Period EMA
3. Negative trending RSI
4. Negative MFI trend
5. Negative sentiment in banks
HDFCBANK - Bearish Cycle HDFCBANK - Elliott Wave Theory.
The price seemed to have made a corrective pattern which suggests another bearish wave. Invalid level remains at the previous high.
HDFC BANKHDFC BANK 1 Hourly timeframe chart where it is making rising wedge pattern indicates bearish view and also it break it's support trendline Now can it fall down ?????
HDFC BANKHDFC BANK is making Ascending triangle pattern on 1 Hourly time frame chart if it breaks in upper or down side then can expect a good move in breakout direction.
Sell Below 1645trying to for a kind of M pattern, can initiate short below 1645 for a target of 1420
HDFC BANK WEEKLYNSE:HDFCBANK
Forming weekly VCP pattern. Price action shows strength. One must include this in watch list
HDFC was in way to breakout Hdfc bank was in a way to breakout
Buy HDFC 1670
Target 1690 1723 1750 1800
Sl 1635
Intraday $HDFCBANK Key Levels Trend Based Levels Wherever #HDFCBANK goes these key levels will help you decide target and Stop loss.
HDFC Bank HDFC bank traded in range upper side 1650 and downside 1450.
Hdfc result is good may be we accept atleast 150 points in either side.
Support and resistance on chart.
