HDB/N trade ideas
HDFC - Current TrendOBSERVATIONS :-
1) Currently , We see the stock to be in Sideways Trend trading in the range between 1700 and 1570
2) Currently stock is at the Price Engagement area in this range at 1627
3) Both primary and secondary trend in higher timeframes is UPTREND for this stock.
4) But right now we have to Wait & Watch whether this stock breaks either support or Resistance.
5) Mostly its moving towards Downside towards the Support.
6) Wait and watch . No BUY or SELL for now.
7) More price Engagement around 1625 in this zone at Daily timeframe
Hdfc Bank Bull Night Level 02.01.23Hdfc Bank Support And Ressistance Its My View
I am not a SEBI registered Analyst so please do your own Analysis before taking any action.
The above view is shared just for educational purpose.
By no means shall be responsible for any losses amounting out of it incase if any trades on it.
It is just a view, pls trade at your own risk.
NSE:HDFCBANK
Hdfc Bank Bull Gann Level 02.01.23Hdfc Bank Support And Ressistance Its My View
I am not a SEBI registered Analyst so please do your own Analysis before taking any action.
The above view is shared just for educational purpose.
By no means shall be responsible for any losses amounting out of it incase if any trades on it.
It is just a view, pls trade at your own risk.
NSE:HDFCBANK
HDFCBANK NSE:HDFCBANK
One Can Enter Now ! Or Wait for Retest of the Trendline (BO).
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
2. Close, should be good and Clean.
3. R:R ratio should be 1 :2 minimum
4. Plan as per your RISK appetite
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose!