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Hdfcbankanalysis

Short Sellers Can Be In Trouble In HDFC bankIn the given chart we can see that after big fall of two days,on daily price reverse back and close above the low of big red candle,which put short sellers in trouble who shorted on big red bars ,once price keep trading above the low of big red candle they will look for cover which can lead to short covering and also rally will resume WEEKLY RSI AND DAILY RSI IS ALSO AT 40,SUPPORT EXPECTED WITH 3 MONTHS BEEN IN FALL NEXT MONTH OR THIS MONTH CANDLE CAN BE GREEN MARK IT FRIENDS.
NSE:HDFCBANKEducation
by bhoirjanmesh3
1
HDFC Bank about to BreakOutThe idea here is about HDFC Bank. Mentioned below are the points to be considered Points as per TA on a Daily & 4H Chart: 1. Awaiting break out of Falling wedge. 2. Butterfly Pattern completed with entry point confirmed. 3. Waiting for close above 20 EMA = 1550 on 1D chart. 4. RSI is at 44.30 on a Daily Chart. 5. MACD crossed above signal line on 11th Sept 2023. 6. Hull Moving Average is a Buy Signal on Daily & weekly chart. 7. Price may retest the breakout point. Projected target as per Butterfly Harmonic pattern provided in the chart. Stop Loss: provided on chart. Disclaimer: “The above is an idea only and not any kind of financial or investment advice. So please do your own DD (Due Diligence) before any kind of investment”. Cheers.
NSE:HDFCBANKLong
by Tron029
HDFC BANK SELLHi, According to my analysis of HDFC Bank stock, there is a high probability of a downturn. The price bounced from a very strong area, which is the resistance at 1720. Two very negative candles were formed, as shown in the analysis. We also notice that the stock is trying to break the flat pattern. Finally, good luck to everyone .Note: If you like this analysis, please give your opinion on it. in the comments. I will be happy to share ideas. Like and click to get free content. Thank you
NSE:HDFCBANKShort
by inv_market09
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 Kindly Support me via follow and like: Any query do ping us or require any specific stock analysis *All views for educational purpose only
NSE:HDFCBANK
by ChandraBose2002
1
HDFCBANK--Consolidation??Observations:: This is also continuation update of HDFCBANK Analysis:: In my last update about drop base drop formation. the demand zone is restrict the price to go down, witness a consolidation stage is observed in HDFCBANK, we have to see if price drop continue to 1590 range, then we expect a rise from this zone, if acts as support we will see again the previous drop (gap down) may be filled on upside. Consolidation + fall = rise from demand consolidation + rise= fall from Supply keep track this. The One reason for BANKNIFTY is in Consolidation is their more contributors SBIN and HDFCBANK are in consolidation. If this information is helpful give me like. Thanks.
NSE:HDFCBANK
by IIT-Trader
HDFCBANK--Drop-Base-Drop form??Observations: if demand acts as Supply, fall is going to happen from here. previous strong bullish from 1680 level, if acts as price turned to be bearish in HDFCBANK. ------->>After trending upwards, a strong breakout is given above 1700 level, with consolidation ,which is previous resistance got broken strongly. ------->>Now with opening a huge gap down, showing bearish pressure pushes the price towards downside, if this is a sign of reversal in HDFCBANK, It's an opportunity to enter short again from these levels. -------->>Keep on sell side as long as price is near 1680 levels. previous strong upside movement is happens here, which may acts as bearish turn in HDFCBANK. Keep look at this level it may turn bearish again. if price again breaks 1650 levels be on sell side to 1630,1610 levels.
NSE:HDFCBANK
by IIT-Trader
3