ASCENDING TRIANGLE IN HDFC BANK!!TREND:-WEEKLY-BULLISH
DAILY-BULLISH
WE HAD GOT A BREAK FROM THE MAJOR TRENDLINE IN DAILY TF!!!!
-NOW FORMING A GOOD ASCENDING TREIANGLE IN THE DAILY TF
-WE ALSO GET TO SEE A FIB SUPPORT OF 0.382 IN REECENT TIMES
HDFA trade ideas
hdfcbank RSI is low on hourly chart and in past such low levels of RSI has shown upmoves. This is indicating a upmove in today's session. If 21 DEMA seems to reversing from 200 DEMA
HDFC BANK FOR 12-07-21
HDFC BANK TAKE A IMP support first fib retratracement level @1500
Reason to trade
1.TRENDLINE IN 1HR support
2.FIB support
3.Ema 200
ENTRY -1505 sl -1497
TArget -1% OR ACC TO PIVOT
long position in this chart a trendline become a crucial resistance if this trendline break you will see a uptrend move in HDFC BANK
BUY HDFCBANK AROUND 1502-1505 TGT 1555/1580 SL BELOW 1475 It is almost at the support of its lower channel and making weak hands out before the pre result rally. On hourly taking support of 100 & 200 ma
HDFCBANK | 08-07-2021Strength : In today's session (07th July) the stock price managed to close above 200 DEMA ( 1D chart) and day's low was 1527.70.
Concern : Since Mar 2021, whenever the stock tried to cross 200 DEMA , it has retrieved back. So for tomorrow's session ( 08th July) the test is to see if the stock price stays above 200 DEMA. Another concern is that RSI level is 64.10 which is a slightly high level. Considering the above, according to my analysis, the trading range will be
Trading range: INR 1515. ( average of Open & close of 06th July) and 1545.35 (high of 07th July)
Any movement below or above the range can be a game changer.
hdfcbank 07th JulIt is important for the price to stay above INR 1525 in next session (07jul 2021) to confirm the breakout. Also check out close of 21st may and open of 06th july - confirming the end of consolidation and start of up move from here .
Trading range : INR 1515 - INR 1545
HDFCBANK GO UP BUYTRADING SUGGESTION:
Now we looking to the market still growing to the profit zone,so enter buy trade,GOOD LUCK
INDIAN STOCKS
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TAKE A TRADE,SIT BACK AND RELAX
LIKE AND SHARE
Hdfcbank - 5o (Future Bearish Bat)Hdfcbank has 50 pattern and looks like will reverse till 1500 for making C leg. long till 1502-1508 ...
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
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
Follow for More Chartings
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.
