HDFCBANKWill HDFCBANK find support in this price level, if price level is sustained then bullish breakout is possible
HDB trade ideas
HDFC BANK Support & Resistance for 5/9/23Support and Resistance Levels:
Based on the price action, you have to identify two significant levels: the red line acting as resistance and the green line acting as support. Additionally, there have marked red and green shades to represent resistance and support zones, respectively.
Support: The green line and green shade represent support levels. These levels are where the price tends to find buying interest, preventing it from falling further. Traders can consider these levels as potential buying opportunities.
Resistance: The red line and red shade represent resistance levels. These levels are where the price tends to encounter selling pressure, preventing it from rising further. Traders can consider these levels as potential selling opportunities.
Breakouts: If the price breaks above the resistance zone (red shade) convincingly, it may indicate a bullish breakout, and the price could move higher to the next resistance level. On the other hand, if the price breaks below the support zone (green shade) convincingly, it may indicate a bearish breakout, and the price could move lower to the next support level.
Keltner Channel:
The Keltner Channel is a technical indicator that uses an exponential moving average (EMA) to create an upper and lower channel around the price action. Traders can use this channel to identify potential long and short positions.
Long Position: If the price is above the upper line of the Keltner Channel, it may indicate a potential long opportunity, as it suggests the price is trading above the average range and might continue in an upward trend.
Short Position: If the price is below the lower line of the Keltner Channel, it may indicate a potential short opportunity, as it suggests the price is trading below the average range and might continue in a downward trend.
When will you get Gains on HDFC Bank? In how many days?I can see that HDFC Bank has touch this level so many times and it had gained a lot around 10%-15% in 30 to 40 days as I have drawn in the chart.
From this point I have clear vision of making around 20% gain.
It may show good upward move as the Nifty and Sensex stabilize.
HDFC BANK S/R for 4/9/23Support and Resistance Levels:
Based on the price action, you have to identify two significant levels: the red line acting as resistance and the green line acting as support. Additionally, there have marked red and green shades to represent resistance and support zones, respectively.
Support: The green line and green shade represent support levels. These levels are where the price tends to find buying interest, preventing it from falling further. Traders can consider these levels as potential buying opportunities.
Resistance: The red line and red shade represent resistance levels. These levels are where the price tends to encounter selling pressure, preventing it from rising further. Traders can consider these levels as potential selling opportunities.
Breakouts: If the price breaks above the resistance zone (red shade) convincingly, it may indicate a bullish breakout, and the price could move higher to the next resistance level. On the other hand, if the price breaks below the support zone (green shade) convincingly, it may indicate a bearish breakout, and the price could move lower to the next support level.
Keltner Channel:
The Keltner Channel is a technical indicator that uses an exponential moving average (EMA) to create an upper and lower channel around the price action. Traders can use this channel to identify potential long and short positions.
Long Position: If the price is above the upper line of the Keltner Channel, it may indicate a potential long opportunity, as it suggests the price is trading above the average range and might continue in an upward trend.
Short Position: If the price is below the lower line of the Keltner Channel, it may indicate a potential short opportunity, as it suggests the price is trading below the average range and might continue in a downward trend.
HDFC BANK Support & Resistance levels for 1/9/23Support and Resistance Levels:
Based on the price action, you have to identify two significant levels: the red line acting as resistance and the green line acting as support. Additionally, there have marked red and green shades to represent resistance and support zones, respectively.
Support: The green line and green shade represent support levels. These levels are where the price tends to find buying interest, preventing it from falling further. Traders can consider these levels as potential buying opportunities.
Resistance: The red line and red shade represent resistance levels. These levels are where the price tends to encounter selling pressure, preventing it from rising further. Traders can consider these levels as potential selling opportunities.
Breakouts: If the price breaks above the resistance zone (red shade) convincingly, it may indicate a bullish breakout, and the price could move higher to the next resistance level. On the other hand, if the price breaks below the support zone (green shade) convincingly, it may indicate a bearish breakout, and the price could move lower to the next support level.
Keltner Channel:
The Keltner Channel is a technical indicator that uses an exponential moving average (EMA) to create an upper and lower channel around the price action. Traders can use this channel to identify potential long and short positions.
Long Position: If the price is above the upper line of the Keltner Channel, it may indicate a potential long opportunity, as it suggests the price is trading above the average range and might continue in an upward trend.
Short Position: If the price is below the lower line of the Keltner Channel, it may indicate a potential short opportunity, as it suggests the price is trading below the average range and might continue in a downward trend.
HDFC Sell * All the information shared in this chart is provided for strictly educational purposes only.
* This chart is sharing information are based on the theory of technical analysis .
* This is not an offer to buy or sell stocks, futures , options, commodity, forex, interests or any other trading security.
* Back test yourself before jump into live market consult your financial adviser and use proper risk management.
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SMC selling area
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HDFC Bank Support & Resistance levels for 31/8/23Support and Resistance Levels:
Based on the price action, you have to identify two significant levels: the red line acting as resistance and the green line acting as support. Additionally, there have marked red and green shades to represent resistance and support zones, respectively.
Support: The green line and green shade represent support levels. These levels are where the price tends to find buying interest, preventing it from falling further. Traders can consider these levels as potential buying opportunities.
Resistance: The red line and red shade represent resistance levels. These levels are where the price tends to encounter selling pressure, preventing it from rising further. Traders can consider these levels as potential selling opportunities.
Breakouts: If the price breaks above the resistance zone (red shade) convincingly, it may indicate a bullish breakout, and the price could move higher to the next resistance level. On the other hand, if the price breaks below the support zone (green shade) convincingly, it may indicate a bearish breakout, and the price could move lower to the next support level.
Keltner Channel:
The Keltner Channel is a technical indicator that uses an exponential moving average (EMA) to create an upper and lower channel around the price action. Traders can use this channel to identify potential long and short positions.
Long Position: If the price is above the upper line of the Keltner Channel, it may indicate a potential long opportunity, as it suggests the price is trading above the average range and might continue in an upward trend.
Short Position: If the price is below the lower line of the Keltner Channel, it may indicate a potential short opportunity, as it suggests the price is trading below the average range and might continue in a downward trend.
HDFCBANK--Inverse H&S ??This stock is in inverse Head and shoulders pattern
indicating that bullishness in the stock...
Enter long on break of neckline and retest...
HDFC BANK Support & Resistance levels for 30/8/23Support and Resistance Levels:
Based on the price action, you have to identify two significant levels: the red line acting as resistance and the green line acting as support. Additionally, there have marked red and green shades to represent resistance and support zones, respectively.
Support: The green line and green shade represent support levels. These levels are where the price tends to find buying interest, preventing it from falling further. Traders can consider these levels as potential buying opportunities.
Resistance: The red line and red shade represent resistance levels. These levels are where the price tends to encounter selling pressure, preventing it from rising further. Traders can consider these levels as potential selling opportunities.
Breakouts: If the price breaks above the resistance zone (red shade) convincingly, it may indicate a bullish breakout, and the price could move higher to the next resistance level. On the other hand, if the price breaks below the support zone (green shade) convincingly, it may indicate a bearish breakout, and the price could move lower to the next support level.
Keltner Channel:
The Keltner Channel is a technical indicator that uses an exponential moving average (EMA) to create an upper and lower channel around the price action. Traders can use this channel to identify potential long and short positions.
Long Position: If the price is above the upper line of the Keltner Channel, it may indicate a potential long opportunity, as it suggests the price is trading above the average range and might continue in an upward trend.
Short Position: If the price is below the lower line of the Keltner Channel, it may indicate a potential short opportunity, as it suggests the price is trading below the average range and might continue in a downward trend.
HDFBANKNSE:HDFCBANK
One Can Enter Now !
Or Wait for Retest of the Trendline (BO) !
Or wait For better R:R ratio !
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low.
2. R:R ratio should be 1 :2 minimum
3. Plan as per your RISK appetite and Money Management.
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose
Hdfc bank for short & long tern gain 10% shortvterm gain 1 month
25% long term gain 6 month
Good company
Cup and handles
HDFC Bank analysis Fantastic company that has almost doubled its profit in last 3 years
Complex cup with handle pattern with target of 2136.00
HDFC--Near to Support??The stock is trending downwards....
In Higher time frames price is in channel....
price is at support + trendline.
If it is a bullish turn price breaks the trendline and retest will look for buy side....
If no break is detected and again falls will be on short side....
most chances of fall again...it has to clear the liquidity @1600 levels...
Keep safe...
HDFC BANK IS BEARISH TILL 1574HDFC BANK IS BEARISH TILL 1574.
Pls see the chart marking the bank may show the level of 1575 for completing the structure ABC.
Generally C is equal to A in elliott wave theory.
Regards
HDFCBANK HDFCBANK - The stock has a bearish wave downwards and could continue to further lower levels. A consolidation below the trendline is a possibility. However, the moves are quite strong when in wave 3.
This idea is based on the Elliott Wave theory. Manage your own trade/Investment with proper risk management.
HDFC BANK pattern breakdown?A rising wedge type of pattern can be observed in the weekly chart of HDFC Bank. Price has failed to breakout above the 1750 level 4 times in the past 2 years. Price seems to have broken down on the weekly chart from the pattern.
Supports at 1580, 1530.
Good medium to long term buying opportunity if it reaches around 1410 which is the 200 EMA on the weekly.
HDFC bank Trendline breakout
Target price 1580
These are swing idea's which you can add your watchlist and analysis for yourself.
Keep on radar.
Potential upside stock!
Important level for the month of August NSE:HDFCBANK NSE:BANKNIFTY
Disclaimer: All the given analysis is not an Investment / Financial Advice. These levels and analysis is for educational purposes.
We have seen Some bearish movement in the past session, and currently HDFC BANK is Trading near Important level.
I have tried to mark all the important level for the month of August as well as for the year for HDFC BANK .
I will Share this Idea In two timeframes 1st being the 1 HOUR timeframe which will be useful in the Monthly analysis and 2nd I will share this Idea using daily timeframe for Yearly analysis.
Since market movements are based on calculated Probability so we have to be prepared for all the moves whether its bullish or Bearish.
My view for this year is on the Bullish side but in order to be bullish it need to respect the support level .
I will try to keep these levels updated here and in MINDS section. So stay subscribed to get the notification of the updates quickly.
Important Levels for the Year 2023 NSE:HDFCBANK NSE:BANKNIFTY
Disclaimer: All the given analysis is not an Investment / Financial Advice. These levels and analysis is for educational purposes.
We have seen Some bearish movement in the past session, and currently HDFC BANK is Trading near Important level.
I have tried to mark all the important level for the month of August as well as for the year for HDFC BANK .
I will Share this Idea In two timeframes 1st being the 1 HOUR timeframe which will be useful in the Monthly analysis and 2nd I will share this Idea using daily timeframe for Yearly analysis.
Since market movements are based on calculated Probability so we have to be prepared for all the moves whether its bullish or Bearish.
My view for this year is on the Bullish side but in order to be bullish it need to respect the support level .
I will try to keep these levels updated here and in MINDS section. So stay subscribed to get the notification of the updates quickly.
Hdfc bank8 August
Hdfc bank
Create heand and shoulder
Cal said First target is 1667
And last is 1679
Current price is 1652
Long Term IN HDFC BankAfter analyzing fundamental data and watching FII and DII movement in HDFC is Continually increasing. And according to history whenever it break monthly range it will easily give targe of minimum 30% and maximum we don't know but for a roughly idea its about 80-100%.
After breakout of monthly range we can easily expect minimum target and it is good for long term.
This is my opinion on HDFC Bank.
Do Investment after your analysis according to your risk.
HDFCBANK Monthly TF AnalysisHello Investors and traders. Hope you are doing great and learning .
This is my view on the HDFCBANK for the upcoming months / years .
Its facing resistance at 1700 levels . It tried to breach the resistance level but ended up taking support around 1500 & 1600 .
For the past one year its giving a good uptrend , taking support around the trendline .
Taking the previous year high and low as anchor points , I plotted a parallel channel and projected it upwards . A break in the resistance levels with good volumes can give you a target of 1945 . The trading volumes are high and is similar to the COVID - Stage levels .
My view is bullish . Be cautious as it is trading near to the trend line and a small sell off might break the trend line causing the setup to invalidate .
Trade what you see not what you feel .
This is just view based on current market trend and pure analysis purpose .
Please consult with your financial advisor before you deploy any real money for trading .
