Hdfcbankanalysis
HDFC In Channel PatternHdfc is in a good channel pattern and has shown good strength near its demand zone if tomm it break the green trendline we can go long for a good target as RBI has also released good FSR July 2021.
Be a smart trader not a horny one, wait for breakout of green line and let it retest or show show good volume
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HDFC Small Correction ExpectationHi Traders,
Inside Bar Breakout 1H frame
Entry Yellow Below Breakout (avoid Gap-Up)
Sl make candle High
Its Profit Making Strategy
Simple & best techniques for Trading called S&D Zone easy to understand for making Profitable Trade. Believe Price Action, has the potential to change your trading lives.
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Sakthi
HDFCBANK bounced from Bat Pattern prztHdfcbank hourly chart has bat pattern formation and prices did bounce from its prz area, hence if it holds these support levels, we might see prices going upwards in the near term towards 1500 levels.
The stock would be very bullish above 1500 levels.
The entire analysis would be negated below 1450 levels and would need analysis revision.
HDFCBANK ABOVE SUPPLY ZONEHDFC BANK has seen a very good trending move yesterday and it also went above and also closed above the supply zone (1415-1425), which would now act as a demand zone, hence any dip in the stock would most likely be absorbed soon, as long as stock is trading above 1410 levels.
Immediate resistance is around 1480-1490 levels.
This trade offers a good risk-reward ratio.
Trade type: Swing, Breakout
HDFC BANK Analysis 04/03/2021as we can see there is a bearish divergence of Price with MACD and it got its confirmation as the price has fallen and tested the immediate Support Area, and MACD and signal lines has crossed in MACD indicator which is the sign of trend reversal and price correction.
the trend is range bounding in a ascending parallels channel and currently touching the top bond
we may have an other impulsive wave to the 1 TP and alternatively retrace down to the 2 TP.
HDFCBANK CHART 04/12/2020HDFCBANK CHART Daily Chart till to- 04/12/2020
What You See In This Chart?
How to take Trade?
Which Type Take Entry (Long / Short)?
Which Price For StopLoss?
Which Price For Target?
Please Comment What You Think About Hdfc Bank Trade!!!!!
Disclaimer :- This Chart For Only Educational Purpose, We Can't Give Any Buy Sell Tips or Call, Learn first before take any trade....
HDFC BANK SELL Target 1300 | 1260#HDFCBANK has tried to breach its long term trend line four out of five times now and haven't been able to close above it.
Price action on 15 minutes chart clearly shows distribution at higher prices. RSI has fallen below 70. It's ready to retrace and test levels of 1300 (to take support at its covid period rising wedge) and even 1260 (retest previous high)
HDFCBANK - FORMED BULLISH HARMONIC PATTERN#HDFCBank - formed Alt Bat pattern on the hourly chart.
The Reason I am interested in this pattern is the price action near its PRZ i.e 1052-1046.
*Price Action - Notice Big bear candle with long lower shadow had huge volume, the big candles like this when do not see followup move often act as exhaustion candles, and in most cases prices either retrace some part of its previous move or may get reversed.