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_Charts2642
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
Hdfc correction due upto 400 pointsAfter a long bull run a 400 point correction is pending in Hdfc bank.A trigger of any sought will bring down Hdfc. Just a view.Kindly take your decisions based on your own analysis. Shortby Ashu999994
HDFC BANK - Technical ViewDISCLAIMER it's just my technical view. I'M NOT A SEBI REGISTERED ANALYST. Before taking trade or Invest consult your financial advisor. ✅Here we provide TECHNICAL Levels and Charts.💯 ✅This channel is for educational and self analysis purposes only! Longby Somukutty0
HDFC BREAKOUT Hi guys, Its me Guruzzz HDFC Breakout A "breakout" in the context of stock trading typically refers to a situation where the price of a stock moves above a resistance level or below a support level with increased volume. For HDFC (Housing Development Finance Corporation), a breakout could signify a significant upward or downward movement in the stock price, suggesting potential buying or selling opportunities for traders. Indicators of a Positive Breakout: Price Movement: If HDFC’s stock price breaks above a key resistance level, it indicates a bullish trend. Volume: Increased trading volume during the breakout confirms the strength of the movement. Technical Indicators: Positive signals from technical indicators such as moving averages, RSI (Relative Strength Index), and MACD (Moving Average Convergence Divergence) can support the breakout. Positive Words About HDFC Strong Financial Performance: Consistent Growth: HDFC has demonstrated consistent growth in revenue and profitability over the years, reflecting its robust business model and strategic vision. Solid Asset Quality: The company's focus on maintaining a high-quality loan portfolio has ensured minimal non-performing assets (NPAs), contributing to financial stability. Market Leadership: Industry Leader: HDFC is a market leader in the housing finance sector in India, with a strong presence and extensive reach across the country. Reputation and Trust: The brand is synonymous with trust and reliability, having established a strong reputation among customers and stakeholders. Innovation and Adaptability: Technological Innovation: HDFC has been at the forefront of adopting technology to enhance customer experience, streamline operations, and improve efficiency. Product Diversification: The company offers a wide range of financial products and services, catering to various customer needs and preferences. Strong Management Team: Experienced Leadership: HDFC's leadership team comprises experienced professionals with a deep understanding of the financial industry, driving the company's strategic initiatives. Visionary Strategies: The management's forward-thinking strategies have enabled HDFC to navigate market challenges and capitalize on growth opportunities. Corporate Governance and Social Responsibility: Robust Governance: HDFC adheres to high standards of corporate governance, ensuring transparency, accountability, and ethical practices. Social Impact: The company is committed to corporate social responsibility (CSR) initiatives, contributing to social development and community welfare. Conclusion HDFC's breakout indicates potential positive momentum in its stock price, driven by strong financial performance, market leadership, innovation, experienced management, and commitment to corporate governance and social responsibility. These attributes make HDFC a reputable and reliable company in the financial sector. Disclaimer - All information on this page is for educational purposes only, we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.Longby Guruzzz9
HDFC BANK _ Reached Pole TargetHDFC BANK _ Falling Wedge Pattern formed and Breakout yesterday. Today Reached Falling wedge Pole Target and Channel Top.Longby SasikumarMani6
HDFC BANK S/R for 3/7/24Support 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 zenthosh0
HDFC BANK _ Next Target is 1994 rupees (0.6 Fibonacci Extension)HDFC Bank is approaching its all-time high. If it Breakout above the resistance level, HDFC Bank could reach a New All-Time High, with the first target at 1994 rupees (0.6 Fibonacci extension level). The second target is 2385 rupees (100% Fibonacci extension). This is a Long-Term projection, so it is important to follow trend continuation techniques. I want to help people to Make Profit all over the "World".Longby SasikumarMani7
HDFCBANK-LONGSharing my bullish outlook based on HDFCBANK. Would love to hear your thoughts and insights on this setup.Longby NisarN2
HDFCBANK-LONGSharing my bullish outlook based on HDFCBANK. Would love to hear your thoughts and insights on this setup.Longby NisarN1
Operator Game in HDFC Bank HDFC Bank in the Month of Jan had a Major Crash falling from 1712 levels to 1363 and it broke down below Long Term Parallel Channel Around Jan last week - RBI directed LIC to take a big stake in HDFC bank, but there was absolutely no reaction in the price and it was still sustaining below the Parallel Channel Price later took support at 1363 in the Month of Feb and triggered a retracement, but the increase in Mar and April was still not enough to bring the price inside the Parallel Channel Time passed till June - now its 2nd Quarter close below Trendline if HDFC DOES NOT recover inside the channel After Election - PSU Banks were expected to Rally, Defence and Railways were expected to Rally. Defence and Railways did rally for 2 weeks but stopped right after PSU banks - never took off - but Operators played a beautiful game by Stopping the funding to Defence, Railways, and other Small & Mid Caps and PUMPED in all the Money into HDFC which triggered a massive Rally on Nifty Private Bank Index Though there was NO Special NEWS on Private Bank sector - Why did it Rally suddenly ??? No New Investments, No messages from FM - then why ? Just To bring up HDFC money was pumped in and when a high tide comes it moves even a Stalled ship - similarly other Private Banks caught fire along with HDFC (Collateral Benefit) So - why did I say today morning that Private Banks & Particularly HDFC will be FLAT to Mild Negative ???? Because.... 1. HDFC came safely with the Parallel Channel - no more push required 2. HDFC met its previous ATH resistance 1712 and after a massive rally - I knew for sure they won't pump more to Breakout of the resistance Remember the Pump in was done to SAVE HDFC not to Breakout ATH The entire Private Bank Index was brought up JUST TO SAVE HDFC - Understand the Game now ? Next Week HDFC will fall - which will pull down Bank Nifty, Private Bank index more - Its NOT a correction but rather "GASPING for AIR" after a Hussain Bolt Sprint Now that no more money would be pumped into Private Banks, the focus would shift again towards Defence, Railways and Green Energy next week Was I able to Connect the Dots 2 Quarters before to what is happening on the ground till date ? I don't need to watch any News Channels / paper / Media / Fundamentals - Just by keeping Track of Charts and How Market Moves - I can decode such a long Operator Game How does this sound ??? Like my analysis ? Please do share your opinion Longby Stocks-n-Trends1118
HDFC BANK : Is ready to go upside?HDFCBANK is now at the support level and forming a bullish engulfing pattern at the daily time frame and also a fundamentally strong pick with decent profit and revenue growth we can expect good upside movement from this level Target and stop loss on the chart. Longby Shaiv_MarketUpdated 10
HDFC BANK S/R for 26/6/24Support 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. 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