Hdfcbankanalysis
HDFCBank short HDFC Bank reacting from 1.618 Fib and 2.618 FIB Projection. Bearish Div on Daily.
Short below 1580 with SL as 1625
Tgts are 1500 and 1450
Nice R:R
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.
HDFCBANK LOOKING STONG ON DERIVATIVE DATA - 1200+++HDFCBANK LOOKING STONG ON DERIVATIVE DATA - 1200+++
HDFC Shows Buy OpportunityRISK DISCLOSURE:
Technical analysis of FOREX and INDIAN MARKETS. We are not SEBI REGISTERED ANALYSTS The views expressed here are for our record purposes only. Please consult your personal financial advisor before investing. We are in no way responsible for your profits/losses what so ever.
HDFCBANK .............All the way to.. ???Broken the trandline resistance @ 1077-1080 levels.... Heading to 1160+ levels and above.
HDFC BANK - Hammer Candle - Result announcement on 18th July#HDFCBANK Strong Growth in Deposits and Loans in street view. CASA is good. Since two day stock was closing below 20EMA but today closed above 20EMA with Hammer candle. Stock will be volatile due to upcoming quarter result. Today stock got support over baseline of ichimoku but still below conversion line.
Showing Bearish result in Technical Parameter:
CCI is treading down but showing reversal
MACD is treading down above 0
RSI is treading down but showing reversal
Stoch is treading down
MFI is treading down
ATR is decreasing since 3 day
Short covering
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Support : 1000 and 959
Breakdown : 1031
LTP : 1062.35
Breakout : 1080
Short Target : 1100
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Positive & Negative Point:
1) Neutral in Daily/Weekly while Bullish in monthly chart
2) Hammer candle
3) Relative Strength - sectrol index is increasing
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(Disclaimer: This is only for educational purpose and paper treading.)
HDFC BANK at 200SMA Breakout - Mix indicator result - Next Level#HDFCBANK Q1FY21 advances stood at Rs 10,045 Billion vs Rs 8.297 Billion YoY. Deposits at Rs 11,895 Billion vs Rs 9,546 Billion YoY while CASA Ration at 40% vs 39.7% YoY which will help to make better operating efficiency of the Bank.
Yesterday, Stock breakout the upper trendline but closed below 200SMA after hitting. Today open above but shown bearish movement and closed above trnedline.
If NIFTY will bullish tomorrow then stock will hit 200SMA else it will move to down from trendline.
Showing Mix result in all indicator:
Increase in Relative strength - Sectoral Index
MFI bearish
CCI in overbought
RSI is trending UP
Stoch in overbought
New Long
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Support : 1085 and 1068
Breakdown : 1093
CMP : 1105
Breakout : 1111
Short Target : 1122 and 1138
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Negative Point:
1) HDFC Bank clarify about raising money via QIP/ADR and said news are purely baseless and speculative.
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(Disclaimer: This is only for educational purpose.)
HDFC BANK : Analysis & Target Hello Everyone! Market is in trending zone . there can be pullback to 920-950 .
Resistance zone at 1150-1200 zone . positonal target for 1175
RSI showing good strength .
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HDFC BANK LONG TERM OPPERTUNITYHDFC BANK LONG TERM BUYING OPPERTUNITY 550-650 IN COMMING DAYS
UPDATE :- FALLING WEDGE BREAKOUT , NOW ITS TESTING SUPPORT .
THANKS
HDFCBANK looks good as long as above 880 TGT 1025 / OPENHDFCBANK POSITIONALLY LOOKING GOOD FOR 1025
CMP 929.75
SL 880
HDFC Bank | Still weak | Still in Downtrend`Friends, please support this idea with LIKE if you find it useful.
Downtrend continues. Use the pullback to get in.
Thank you for your support, I appreciate it.
Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
HDFC BANK CYCLIC DOUBLE BOTTOM IN WEEKLY TIME FRAME-BUYHI EVERYONE!
HDFC BANK CYCLIC DOUBLE BOTTOM IN WEEKLY TIME FRAME
GO FOR BUY IN SWING LOW DIPS
SL-915 BELOW 4 HR CLOSING BASIS
TARGET-1130
THANK YOU!
KEEP SUPPORTING & HAPPY TRADING
