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Hdfcbankanalysis

HDFC BANK Trend AnalysisI have made some changes in this analysis. Kindly disregard my previous analysis linked below. Now price is at key support level of 1300. If breaks it can easily fall to 1000-1100 levels where trendline support will add confluence. Accumulate at 1000-1100 levels for the following targets: Short term swing target @ 1475 (40% ROI with 4.25 R:R) Medium term swing target @ 1725 (64% ROI with 6.75 R:R) Long term positional target @ 2350 (123% ROI with 13 R:R) Stop loss @ 950 (optional) Do your own due diligence before taking any action. Peace!!
NSE:HDFCBANKShort
by Swastik24
HDFCBANK forcast on the weekly chart : the price did a wide gap downwards and made a decent red candle so far on the daily chart : breaking a level and going down strong on the 15 min chart : the price had went bellow the VWAP meaning the day will end red personal opinion : the price will keep on going down until reaching the middle level with 80% of bouncing of it heading up best move daytrading : opening short positions in this week long term traders : wait until the price reach the level and gives a clean indication of and uptrend
NSE:HDFCBANKShort
by fhuutuuf
HDFC BANK Trend AnalysisBearish divergence shown by RSI on weekly timeframe with weekly close as a strong bearish pin bar candlestick shows there is strong bearish pressure. Do not jump to buy because of the merger and everyone is bullish. Let the price fall to buying zone for a big rally upside. Buying Zone is around 1100-1175 level Target 1 2350 (100% ROI) Medium Term Target 2 3350 (190% ROI) Long Term All price levels mentioned above are Fibonacci levels. This heavyweight will drag bank nifty down for sure. This is just my analysis purely based on technicals only. Kindly do your due diligence before trading or investing. Peace!!
NSE:HDFCBANKShort
by Swastik24
2
HDFC BankFor Educational Purpose ONLY. A rising wedge is formed by two converging trend lines when the stock’s prices have been rising for a certain period. Before the line converges the sellers come into the market and as the result, the prices lose their momentum. This results in the breaking of the prices from the upper or the lower trend lines but usually, the prices break out in the opposite direction from the trend line. Depending upon the location of the rising wedges it indicates whether the trend will continue or reverse.
NSE:HDFCBANK
by Sarcastic_Sharma
HDFC Bank Trade PlanHDFC Bank (My Observation as on 19-09-2021) 1. On weekly Chart HDFC Bank seems to be following depicted harmonic pattern that has TGTs as 1720 (Min) and 1820. 2. 1516 being B/O level of this pattern and encountered with rising channel upper band resistance during I week of September. 3. Revered from top of the channel and again heading the same upward direction. 4. Break and stay above 1600 for a week will trigger 1640 as short term TGT. 5. Weekly ATR is Rs. 60 means if sustans above 1600, we might see 1640 - 1660 during September only.
NSE:HDFCBANKLong
by CKParkhi
Hdfcbank Hdfcbank looking good to go long, stock's wave structure suggests that the stock is in wave 5, and within wave 5, wave (2) appears to be completed, and now Wave (3) of 5 should play out, the daily macd indicator turned bullish and done positive crossover and rsi above 50 with uptick, one can go long at these levels or in dips with mentioned key levels in chart. Wave Structure and key levels are mentioned in chart Macd in daily positive crossover Rsi Uptick Disclaimer I am not sebi registered analyst My studies are Educational purpose only Please consult with your Financial advisor before trading or investing
NSE:HDFCBANKLong
by RK_Chaarts