HDB trade ideas
HDFC BANK for long hdfc bank has breaks upper bearish trendline , when it will breakout its existing high , may it will make new high soon ,, pick this stock for the swing..
Breakout of Wedge patternHDFC has broken out of the triangle/wedge pattern - previously it broke out and retested the upper trend line and took off again.
CMP -1497.3
Target 1 - 1625
Target 2 - 1725
Please do your own homework, also check risk/reward before taking a trade..these targets may take a few days or weeks...keep watching
HDFCBANK Best time to Buy Breakout as happened Friday. It can retest or there will be a huge bullish momentum will be happening from Monday. Though the banking sector is in good bullish momentum, It might give good returns
Good shorting opportunity for tomorrow in hdfc bankDouble top pattern plus rsi divergence so good to short
HDFC - Some fall before bouncePitchforks suggest that we are moving nicely in a downward trend and soon hit two strong supports (blue line and the red line). Look for an entry signal and go Long thereafter.
-- For educational purposes only. Do your own research before making investment decisions.
HDFC LongFormed Positive Triangle pattern, On Monday if first 5 mnt sustain the 1500 level then go long for 1530 and then 1550
HDFCBANK - Good time to enter/pyramiding - Swing/InvestmentThe above analysis is done purely on basis of Price Action & Chart Patterns.
The analysis is done on weekly TF hence price may take few days to few weeks in order to reach the targets.
Trade Entry - Either above the high of breakout candle or on small pullbacks
Target and SL for both patterns are given in image.
The above analysis is purely for educational purpose. Traders must do their own study before entering into any trade. Traders must trade as per their own risk taking capacity and money management.
Feel Free to comment or message me for any query or suggestion regarding this stock or Price Action Analysis.
Checkout my other ideas to understand how one can earn from stock markets with simple trade setups.
hdfcbankresistance area and support zone marked.
aggressive traders can buy around 1445 and see if it breaks trendline
others to wait till bottom support
This is just for an educational purpose.
HDFC bank long term trading ideasLonger term breakout happened buy for the target 1700 for next 6 month.
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
HDFCBANK : 1341.00 - 1351.00 Support Zone1341-1351 is Good Support Zone in daily & Weekly Chart .......
Reason of chart clearly indication that 5 times Revere from this zone .... if close below zone next support @ 1252.00
Buy when price close on RUL
hdfc bank looks bearish flag formed..keep an eye on hdfc bank it the flag will active may we see pole target from bearish flag ..
