HDFCBANK 02 july 2021 ( long)Stock price is showing a ascending triangle pattern. I am expecting a good move beyond 1523-25 level.
For today, looks like a upmove to INR 1509
HDB trade ideas
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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HDFCBANK 01st July 1 hour chart of stock shows price rejection at INR 1509 level and hence any upmove above this can be seen as stregnthening prices.
similarily price bounced back from INR 1494 which indicates strong support at this level.
Trading range : INR 1494 - INR 1509.
short opportunity on Hdfc bank intradaythere is a short opportunity on Hdfc bank for intraday intraday
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.
Thanks & regards
Sakthi
HDFCBANK 29th June 2021HDFC bank is expected to continue to move in parallel channel. Major resistance at 1525 Level. if this is crossed tomorrow then breakout is obvious expectation.
Note : my ideas are for continuous learning and I wait for your comments for improvement.
HDFC Bank - Important LevelHDFC Bank - Important Level If it breaks this level it will Retest All time High.
HDFC bank ( Long) : 25th JuneHi, HDFC bank has made a cup and handle pattern ( confirmed!) and is expected to go up from current INR 1505 Levels. I will like to take fresh long as chart pattern suggest INR 1640 very soon.
For tomorrow's trade charts are suggesting upmove with INR 1525 as crucial resistance.
HDFC BANK Bullish ideaBanking sector looking bullish . if banknifty sustains above 35000 thousand tomorrow then we can see a good rally in hdfc bank can be seen .sorry for late posting as was busy in office and can not post idea by phone .
best price to enter is 1480 to 1490 .
Hdfc Bank of decending triangle patternhdfc bank on 15 min time frame make decending triangle pattern its shows most chances to bullish momentum to get
HDFCBANK : (21st June ) : LongIn today's session (21st June), despite weak global clues in the morning, the stock price have traded above 200 DEMA on hourly basis, which is a strong signal of uptrend in HDFCBANK.
For 22 nd June, continuation of uptrend is expected with resistance at 1495 Level and Support at INR 1486.
If the End of session price closes above INR 1500 then i will expect it to show INR 1525 levels very soon.
happy trading!
LONG OPPORTUNITY IN HDFC BANK Hi traders,
For short term, it can be a nice bullish trade opportunity in HDFC BANK.
I am not a financial advisor, only for educational purposes .
Good Luck
God Bless you all <3
HDFCBANK : 18th June (long)As per my last post, INR 1462 stood as major support level for HDFC bank in 17th June trading session.
For 18th June, major support level is INR 1454.70 and 1st resistance is INR 1471.75. Support and resistance are based on fibonacci drawn on ( low of 14th May and High of 1st June)
Moreover, on daily charts, HDFC bank made a Gravestone Doji on 17th June, indicating a high chance of reversal of downward trend.
Therefore, my expectation is that HDFC bank will trade higher in tomorrow's session and should be seen trading in INR 1471.75 - INR 1480 range.
Buy Hdfc Bank Buy Hdfc Bank Stoploss 1470 Target 1520
Study: Downward Channel Breakout and retest Structure
HDFCBANK 17th June 2021 (Long)As per analysis done for 16th June, HDFC bank prices today confirmed a range bound session.
For 17th June, the hourly chart is showing a inverted head and shoulder pattern, which is indicating, that stock prices are expected to
rise in the morning session. However, this analysis is subject to a favorable impact of US Fed Policy update in Indian market. Therefore recommendation for 17th june is:
Breakout after it crosses INR 1496 Level.
In case of unfavorable impact of US Fed policy update, it may test INR 1462 Level.
Trading range: INR 1462 to INR 1496
Breakout : INR 1496 onwards.
