$HDFCbankgot the budget on the 1st post which i recon the pre election rally should start so for now scale in for long term buys deployed some a few days ago will add IF given this deviation next few days by CompoundingGainUpdated 44
[Positional] HDFCBank Buy IdeaNote - One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all. ======= I use shorthands for my trades. "Positional" - means You can carry these positions and I do not see sharp volatility ahead. (I tally upcoming events and many small kinds of stuff to my own tiny capacity.) "Intraday" -means You must close this position at any cost by the end of the day. "Theta" , "Bounce" , "3BB" or "Entropy" - My own systems. ======= I won't personally follow any rules. If I "think" (It is never gut feel. It is always some reason.) the trade is wrong, I may take reverse trade. I may carry forward an intraday position. What is meant here - You shouldn't follow me because I may miss updating. You should follow the system I share. ======= Like - Always follow a stop loss. In the case of Intraday trades, it is mostly the "Day's High". In the case of Positional trades, it is mostly the previous swings. I do not use Stop Loss most of the time. But I manage my risk with options as I do most of the trades using derivativesLongby Amit_Ghosh2
HDFC BANK S/R for 6/8/24Support and Resistance Levels: In technical analysis, support and resistance levels are significant price levels where buying or selling interest tends to be strong. They are identified based on previous price levels where the price has shown a tendency to reverse or find support. Support levels are represented by the green line and green shade, indicating areas where buying interest may emerge to prevent further price decline. Resistance levels are represented by the red line and red shade, indicating areas where selling pressure may arise to prevent further price increases. Traders often consider these levels as potential buying or selling opportunities. Breakouts: Breakouts occur when the price convincingly moves above a resistance level (red shade) or below a support level (green shade). A bullish breakout above resistance suggests the potential for further price increases, while a bearish breakout below support suggests the potential for further price declines. Traders pay attention to these breakout signals as they may indicate the start of a new trend or significant price movement. 20 EMA: The yellow line denotes 20 EMA, to interpret the 20 EMA, you need to compare it with the prevailing stock price. If the stock price is below the 20 EMA, it signals a possible downtrend. But if the stock price is above the 20 EMA, it signals a possible uptrend. Disclosure: I am not SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. It is important to consult with a qualified financial advisor before making any investment decisions. Tweets neither advice nor endorsement.by zenthosh3
HDFC Bank LtdImmediate targets of HDFC Bank is mentioned. *investments in equity is subjected to market risk do own research before investing.Longby sreekumars1
Comprehensive Analysis and Future Outlook for HDFC Bank in 2024Technical Analysis Show Formation of Rising Wedge Pattern whose breakout can take it back to 1780 in near term. HDFC Bank, a leading private sector bank in India, has consistently demonstrated robust financial performance characterized by increasing loan books, net profits, and return on assets. However, the banking sector is inherently influenced by macroeconomic factors. A potential economic slowdown could impact loan growth and asset quality for HDFC Bank, while rising competition from both public and private sector banks might erode its market share. Despite these challenges, HDFC Bank's strong fundamentals and market position make it a potential investment candidate. Future Trend Analysis for 2024 Digital Transformation: HDFC Bank’s continued investment in digital banking and fintech partnerships is expected to drive customer acquisition and enhance operational efficiency. Expansion Plans: The bank's strategic expansion into rural and semi-urban areas is set to capture new market segments. Regulatory Environment: With the evolving regulatory landscape in India, HDFC Bank's proactive compliance measures will ensure minimal disruptions. Economic Factors: The anticipated economic recovery post-pandemic, along with government initiatives to boost the banking sector, will play a crucial role in HDFC Bank’s performance. Increased economic activity and consumer spending will likely lead to higher loan demand and growth in deposits. Competitive Landscape: While competition in the banking sector remains intense, HDFC Bank’s strong brand reputation and customer loyalty will help it retain its market leadership. Investment Outlook HDFC Bank is poised for sustained growth in 2024, supported by its strategic initiatives and favorable economic conditions. Investors can expect steady returns, underpinned by the bank’s strong fundamentals and forward-looking strategies. However, it's essential to keep an eye on macroeconomic indicators and any significant regulatory changes that could impact the banking sector. The bank’s ability to navigate challenges and capitalize on opportunities will be crucial in maintaining its upward trajectory. Disclosure: The publisher of this idea is not a SEBI registered analyst. The information shared here is solely for educational purposes and should not be interpreted as financial advice. Always consult with a qualified financial advisor before making any investment decisions. The publisher does not endorse social media shares on any platform.Longby shvishal5
HDFC Bank: The highs and lowsThe price is about to pivot after remaining in the range 1756.30 and 1272.80 since the year 2021. The management is beginning to communicate better with the public hence dispersing extant fears. You would notice from the chart that the current unfolding price pattern is similar to the price structure in the rectangle. There’s a high probability that the price will reverse as it did at point A. Share and like if this was helpful.Longby NediumUpdated 5
HDFC BANK WEEKLY ANALYSISSUPPORT AREA AT 1545-1585 AND RESISTANCE AT 1725 IF BREAKOUT AND SUSTAIN THIS LEVEL ON WEEKLY CHART, NEXT TARGET 1945 APPROX AND ABOVE... Support Area at 1545-1585 and Resistance at 1725 if Breakout and sustain at this level on weekly chart, next target is 1945 and above. Happy Trading.by AmitAgarwal_2024Updated 13
HDFC Bank could reach 1850 by end of OctoberAs the chart indicates, there's significant resistance near 1750-1700, with the stock testing this range 3-4 times and forming a bullish pattern. Applying wave theory, we've completed waves 1, 2, and 3, are in the midst of a running 4th wave, and anticipate a 5th wave breakout above 1750-1700. With current support on EMAs, it appears to be an opportune time to accumulate HDFC Bank, with a strong conviction that 1550 will hold.Longby ElliottWaveInsights4
ICICI Bank, HDFC Bank Analysis and Banknifty 29th July Hello Traders, I have shared my analysis in Hindi for both ICICI Bank and HDFC bank and its impact on Banknifty. 20:00by bhabtoshojha3
HDFC might not go down nowHDFC looks good to be traded with SL of 1599 and targets mentioned on the screen..... Disclaimer:- this is for educational purpose only, do you own analysis before trade.Longby SocieteEstates6
HDFCBANK Bullish Retracement Amid Uptrend Overall uptrend. Rebounded from 50% Fibonacci level. RSI neutral, potential for more movement. Longby GlobalMarketGuru0
hdfc seems at supporthdfc seems at support current trend on daily is higher high and lower low considering the pattern it seems to be at support though support confirmation candle stick pattern has not developed yetLongby dswarn782
HDFC Long ScenarioI believe HDFC will move past Rs.2000/- Despite Posting good results HDFCs price is trading in btw 12% Zone (1540-ATH) Since March 2021 My Thoughts: HDFC was trading at High valuations due to its leadership in sector before 2020. Now HDFC leadership is gone, just like Asian paints superiority .So, Valuations are adjusting and price not moving with good results. With Reduction of PB Value to 3. Best Entry Zone is 1520-1540. TGTs are 1920,2000,2100 Longby The2PercentTrader3
Hdfc bankHdfc bank constantly facing resistance from blue trendline around 1700 level, however it feels like its time for it to break its resistance and start its new journey currently at 0.5%retracement (1609) and 0.618%retracement at 1566...so this should be a range for turn around (1566-1609)..Longby praveshk25
HDFC Bank breaks all time highHDFC Bank has moved to break ATH since the last update on April 19, 2024. This adds confidence to the idea that the bulls have control. Have adjusted the count a bit as it seems to nesting in a 1-2 1-2 pattern. This one was a very low risk to reward trade, and has been playing out beautifully if you followed the plan as laid out in 18th January post. Shall update as price further develops. Thanks for reading!Longby barefootTrades5
HDFC BANK HDFC Bank It has corrected by about 8–9% from its previous high. I have seen that it is attempting to create a steady 1630–40 range, and I think it has the ability to reach its recent high if it crosses the 1646 level. This is just for educational purposes; please contact before investing.Longby KP_77Updated 7
Is, the HDFC Bank losing its charmHi, trying to analyse the HDFC bank using 12M and higher time frames patterns levels and weekly/ monthly patterns in this graphic HDFC bank is following a triangle pattern and also some tls i will try to find the possible range till next 2 yrs , HDFC bank is getting resistance from the 36M candle high level also got support from the low of the candle shown by light blue lines in the chart, pinkish line showing the possible 60M candle levels now at support level of the 60M pattern levels, light red showing the possible 36M pattern range , in the next graphic after that I'll be showing some other patterns followed by the HDFC bank in next few graphics by omvats1Updated 9
HDFC NEEDS CORRECTIONin this chart i showed How HDFC is making Decending channel and the momentum is very low in green candles.. so there are high chances HDFC will touch the green area of 1200-1300Shortby Honey_Charts2641
HDFC BANK Hdfc bank double doji candels with inside doji. Indicates indecisiveness. One can look for either side break out with previous day candel low Stoploss for upside moment and previous day candel high Stoploss for downside moment Please look out for fake outs by checking volumes don't get trapped Note- if any trade or value that's gone from the marked levels then that's not our trade just let it go or wait for it to come back I'm not sebi registered this is my personal view Please like or boost my idea if you like it or traded it Thankyouby chaitanya16922
HDFCBANK INDIA SHARE PRICE DOWNPeriod: W1 Current trend: Bearish Analysis: based on price trends, SMC, high/low volume indicators and also TDI Forecast: bearish after retest break of the order block at the 1.620 round figure to support (trend line in confluence with a weekly order block. there will be a trend reversal for a while and there is even a risk of breaking support on the retest before falling. i think and suggest selling this stock. Shortby sissoko2fakoly0
buy at zone ~ intraday / positional- expecting small reversal from this zone - good for intraday trade ENTRY - entry can be taken in two ways 1. place buy order at limit order , marked 0.58 level 2. look for confirmation in smaller time frame inside the zone. STOP LOSS - if candle close is below 0.618 level. TARGET - mark fib retracement from C to latest swing low - TGT1 - 0.236 (mostly hits in intraday) - TGT2 - 0.382 - TGT3 - 0.5 Longby rajeevmmails0
HDFC BankADR +4% Trend Supper bullish from 1550 I think some profit booking possible @near 1850 Short term traders will start booking profits below 1850 Lets C Like.. Share... Follow by emraldconsulUpdated 8
HDFCBANK: A technical outlookThe chart is pretty self-explanatory as always :) What do you make of this price action? Have Requests, Questions, or Suggestions? DM us or comment below.👇 ⚠️Disclaimer: We are not registered advisors. The views expressed here are merely personal opinions. Irrespective of the language used, Nothing mentioned here should be considered as advice or recommendation. Please consult with your financial advisors before making any investment decisions. Like everybody else, we too can be wrong at times ✌🏻by TheCharteredsUpdated 6663