HDFCBANK trade ideas
Hdfc Bank Inverse head and shoulder On hourly time frame inverse hear and shoulder pattern is visible
Breaking above 1490 will make a successful breakout with potential target of 1513 followed by 1350
HDFCBANK trade setup Idea for 30 August, 2022HDFC has a good support at 1430 levels. This is also the level for 200 day EMA. The stock is expected to move till 1466 as target with stop loss at 1429.
Risk to reward of 1:2.25
HDFC Bank important levels HDFCBANK
Resistance and Support levels
Follow strict risk reward as per your technical knowledge...
HDFC BANKOur Yesterday Target Complete🎉🎉🎉
Now we wait next correction
today HDFC BANK Closed Price is 1468.70
next Resistance is 1472.05
next Support is 1446.70
next position is short position.
SL=1472.05 And TARGET=1446.70
we know target is high
and i think target complete in 2-3 days.
but wait and watch market.
Bank-ruptcy.On the announcement of merger between HDFC and HDFC Bank, the stock made a climax top and has been trading below it ever since. Expecting a follow through to the downside with 1150 as my first objective.
HDFC SHORT TERMHDFC is breaking up , consolidated perfectuly nad formed good base
itrs time for HDFC to shine , FIIs are coming up to Buy it ,
Targets as shown . invest 30% Banking capital investment
HDFCBANK Long Term AnalysisWe expect that the price will increase. After neckline of inverse head & shoulders, the price have started to increase as expected. RSI is overbought therefore we expect the price to pull back and test the support which would be our entry for long,
Moreover, Gator shows us that the price will increase.
Stop loss below the neckline of the pattern.
The target level is shown in the chart.
Long for short termAs we see here it follows Elliot wave pattern an 2 target already get achieved now let's see is it going to final target or not..
INVERTED HEAD & SHOULDERS !!!while lurking in HDFC Bank charts i came across this inverted head and shoulders which i thought was pretty cool so i decided to post it here just for the record. nothing much to say about it really. lol
-Happy Trading !!!
Hdfc Bank flag patternonce downside break out happens target(1)- 1384
target (2) - 1360
once bullish break out of flag pattern happens it has some good hurdles at target (1)- 1463
target (2)-1487
Buy With proper StoplThere are less chance to fail this pattern because . this stock taking proper time for time and price correction
Look at the CHART and the TREND in 1 WTF//HDFC**This is NIFTY HEAVY WEIGHT as you all know and Fundamentally sound also!
Apart that:
>The stock is in side ways trend since 2021 despite good results reported.
>The S&R zone's are clearly respected.
>Let the LEVEL TREND LINE break and then take the positions.
>SL is kept below the EMA's and Target is the Upper Trend Line.
#stable Trade!
HDFC BANK #HDFC Bank
15 MIN TF.............................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................
Good time to buy HDFC Bank Good time to buy HDFC Bank, as it has broken the trend line. Position can be made after a small pullback near the short-term resistance.
breakout strategy in hdfc bankHDFC BANK has given a break out on its day time frame , you can see . you can take a short term position on up side from now or by weiting for a retest.
HDFC BANKHDFC BANK : Rally can starts any time ! FII turns positive & all the other banks rallied expect Hdfc bank ! So expecting move of 15 to 20 percent within 2 - 3 months !
Add at 1400 & more 1380 ! No SL ! Long target ! Safe trade just hold with patience for 2 to 3 months
HDFC BANK LONG TERM ELLIOT WAVE ANALYSISHDFC bank is one of the largest private sector and biggest bank of INDIA and WORLD'S 10 th largest according to market capitalization .
HDFC bank is among top nifty 50 index stocks and one of the largest bank in bank nifty index with 28% weightage . According to ELLIOT WAVE ANALYSIS it has completed one big cycle and moving towards third wave which is considerd biggest waves among ELLIOT 'S 5 WAVES . Price has taken support near 1250 which was earlier a strong support zone.
Weekly candle has also broken channel and looking bullish .It is the best stock to consider for long term investment .
HDFC Long ?1. Break of the neckline - Inverted H&S
2. If swing fails, we can carry forward the position for long term as well :P
HDFC BANK..Finally broke out upHDFC Bank..has given a parallel breakout...so buy..cause there are breakouts in the DOW and BN too...
HDFC! can drop in the coming DaysHello ladies and gentlemen, according to my graphical analysis Of The HDFC BANK stock , there is a high probability of drop level in the coming days.
