Buy HDFC BankBuy HDFC Bank (NSE:HDFCBANK)
Buy Range- 1630 - 1640
Target- 1700 - 1720
StopLoss- below 1600
Potential Return- 4-5%
Approx trade duration 10-12 days
HDB/N trade ideas
HDFCBANKHDFCbank was trading in a range from past 1 month & it broke out of it today with good volumes.
Could be bought with mentioned stoploss & target.
HDFC BANK, GREAT FLAG PATTERN!!a great formation has been formed by hdfc stocks.
its a great bullish pattern, and as i have mentioned the waves, and the trend of waves, a long back in one of my idea(linked it below), the stock is following in the same way. it yet needs to go up by 10%, there is 3rd wave pending, and stock will go up soon.
but the risk part is that bank nifty, has been very overbought position, and it yet needs to be falled about 7%, i will bring a detailed analysis, in further coming ideas. but yet, this risked, is hedged, by the fall of SBI & ICICI banking stocks. this 2 very stocks had kept bank nifty at its ATH.
bank nifty will trade between the range of 43000-40000. its just that it needs to come to its major trend, since now it is in an overbought position.
yet this range will be maintained by great weighted bank nifty stocks, like hdfc bank, icici, kotak and sbi.
LAST POINT: have a look a volume bars too, for month, week and day time frames.
so i am bullish on hdfc bank as of now for this month.
(below i have just dropped some idea links related to banking sector for your own analysis).
HDFC bank: Breakout candidateHDFC bank is a strong candidate qualifying as a breakout on daily charts. Keep it on your radar!!
Raising ChannelHDFC Bank has formed raising channel pattern it is good buy around marked demand area and sell around marked supply area, expecting shor term buy and sell for long term.
let' see
HDFCBANKHDFCBANK
Weekly Highest Closing since October 2021. Weekly Inside Candle consolidation since 1 month.
bullish above 1643 if broken with volume.
Target of all time high.
Longterm Stop Loss of 1577 and 1530
Hdfc bank in pole and pennant chart patternAs you see hdfc bank give breakout on single candle and now its trading in pennant channel . Keep it on watch list for any side breakout huge potential possible.
HDFC BANKHDFC chart is consolidate in the zone from the last 17 days
strong level are 1645 in upperside
1590 in downside
Stuck in range The Scrip is stuck in a tight range of 50 points and on breaking the zone we can see a good move, Keep HDFC Bank in radar.
HDFCBANKFlag and pole pattern spotted in HDFCBANK.
No long or short position as of now. Wait for breakout.
HDFCBANKIt seems at major resistance zone. On break of 1650 some good upside can be seen. If the same is not broken than old levels of 1300 can come back
HDFC Bank Intraday Trade 28/11/22
HDFC Bank Intraday Trade only with Price action!!
R:R = 1:2 running
Target = 1:3
HDFC BANKday chart of hdfc bank there is resistance of 1645
and support zone is 1590
anyside breakout we will enter
HDFCHDFC bank ready to short term gain
That is the great time to enter HDFC Bank
Target - 1730
Believe the chart ❤️
BEARISH HARMONIC PATTERN - HDFCBANK - GOOD ENTRY !Bearish Harmonic Pattern Established, possible targets mentioned in the chart
Disclaimer - This is not a buy or sell advice. I am sharing what I see on the chat & what I am trading, based on my own knowledge & understanding. Please consult your financial advisor before taking any bets in the stock market. I will not be responsible for any profit/loss you incur on your trades based on my published ideas.
HDFC Bank support and resistance Lable on my point of view HDFC Bank support and resistance Lable on my point of view
HDFC bank going to fly ???hdfc bank going to fly as per my analysis . it is in double bottom and 1632 around atime period of december end
HDFC LIFE 1 HOUR CHARTtraders
Important levels are 1600 as demand zone and 1642 can as supply zone
and we have to consider trendline which is react as resistance so wait for breakout
view bullish if it hold 1600 level
HDFC BANK - Multiple Patterns formation - Ready for long rallyHDFC Bank has formed Symmetrical Triangle and Flag patterns. An upside breakout with a small SL is good to trade. Trade with SL and Trail your SL for good-RRR.
