HDB trade ideas
HDFC BANK S/R for 16/10/23Support and Resistance Levels:
Based on the price action, you have to identify two significant levels: the red line acting as resistance and the green line acting as support. Additionally, there have marked red and green shades to represent resistance and support zones, respectively.
Support: The green line and green shade represent support levels. These levels are where the price tends to find buying interest, preventing it from falling further. Traders can consider these levels as potential buying opportunities.
Resistance: The red line and red shade represent resistance levels. These levels are where the price tends to encounter selling pressure, preventing it from rising further. Traders can consider these levels as potential selling opportunities.
Breakouts: If the price breaks above the resistance zone (red shade) convincingly, it may indicate a bullish breakout, and the price could move higher to the next resistance level. On the other hand, if the price breaks below the support zone (green shade) convincingly, it may indicate a bearish breakout, and the price could move lower to the next support level.
Keltner Channel:
The Keltner Channel is a technical indicator that uses an exponential moving average (EMA) to create an upper and lower channel around the price action. Traders can use this channel to identify potential long and short positions.
Long Position: If the price is above the upper line of the Keltner Channel, it may indicate a potential long opportunity, as it suggests the price is trading above the average range and might continue in an upward trend.
Short Position: If the price is below the lower line of the Keltner Channel, it may indicate a potential short opportunity, as it suggests the price is trading below the average range and might continue in a downward trend.
HDFC Bank can give short term breakoutHDFC Bank can give short term breakout but if you are entering in this breakout the you should follow strict stoploss
HDFCBANK starts strengthen...Keep an eye on 1570 level breakoutafter breakout of 1570 levels it will blast massive return.
TGT 1660 and above
HDFC Bank about to BreakOutThe idea here is about HDFC Bank.
Mentioned below are the points to be considered
Points as per TA on a Daily & 4H Chart:
1. Awaiting break out of Falling wedge.
2. Butterfly Pattern completed with entry point confirmed.
3. Waiting for close above 20 EMA = 1550 on 1D chart.
4. RSI is at 44.30 on a Daily Chart.
5. MACD crossed above signal line on 11th Sept 2023.
6. Hull Moving Average is a Buy Signal on Daily & weekly chart.
7. Price may retest the breakout point.
Projected target as per Butterfly Harmonic pattern provided in the chart.
Stop Loss: provided on chart.
Disclaimer: “The above is an idea only and not any kind of financial or investment advice. So please do your own DD (Due Diligence) before any kind of investment”.
Cheers.
HDFC BANK S/R for 12/10/23Support and Resistance Levels:
Based on the price action, you have to identify two significant levels: the red line acting as resistance and the green line acting as support. Additionally, there have marked red and green shades to represent resistance and support zones, respectively.
Support: The green line and green shade represent support levels. These levels are where the price tends to find buying interest, preventing it from falling further. Traders can consider these levels as potential buying opportunities.
Resistance: The red line and red shade represent resistance levels. These levels are where the price tends to encounter selling pressure, preventing it from rising further. Traders can consider these levels as potential selling opportunities.
Breakouts: If the price breaks above the resistance zone (red shade) convincingly, it may indicate a bullish breakout, and the price could move higher to the next resistance level. On the other hand, if the price breaks below the support zone (green shade) convincingly, it may indicate a bearish breakout, and the price could move lower to the next support level.
Keltner Channel:
The Keltner Channel is a technical indicator that uses an exponential moving average (EMA) to create an upper and lower channel around the price action. Traders can use this channel to identify potential long and short positions.
Long Position: If the price is above the upper line of the Keltner Channel, it may indicate a potential long opportunity, as it suggests the price is trading above the average range and might continue in an upward trend.
Short Position: If the price is below the lower line of the Keltner Channel, it may indicate a potential short opportunity, as it suggests the price is trading below the average range and might continue in a downward trend.
HDFC Bank - Short or Long
If Nifty closes in red tomorrow, HDFC Bank can see 1400 range in coming days
HDFC BANK S/R for 10/10/23Support and Resistance Levels:
Based on the price action, you have to identify two significant levels: the red line acting as resistance and the green line acting as support. Additionally, there have marked red and green shades to represent resistance and support zones, respectively.
Support: The green line and green shade represent support levels. These levels are where the price tends to find buying interest, preventing it from falling further. Traders can consider these levels as potential buying opportunities.
Resistance: The red line and red shade represent resistance levels. These levels are where the price tends to encounter selling pressure, preventing it from rising further. Traders can consider these levels as potential selling opportunities.
Breakouts: If the price breaks above the resistance zone (red shade) convincingly, it may indicate a bullish breakout, and the price could move higher to the next resistance level. On the other hand, if the price breaks below the support zone (green shade) convincingly, it may indicate a bearish breakout, and the price could move lower to the next support level.
Keltner Channel:
The Keltner Channel is a technical indicator that uses an exponential moving average (EMA) to create an upper and lower channel around the price action. Traders can use this channel to identify potential long and short positions.
Long Position: If the price is above the upper line of the Keltner Channel, it may indicate a potential long opportunity, as it suggests the price is trading above the average range and might continue in an upward trend.
Short Position: If the price is below the lower line of the Keltner Channel, it may indicate a potential short opportunity, as it suggests the price is trading below the average range and might continue in a downward trend.
HdfcBeautiful trend on Monthly Hsbc bank. If ot breaks down, i think it will be a long time downtrend
HDFC Bank on major supportHDFC Bank is currently at a key support on the daily chart and may show bullish momentum in the times to come, but the global situation may put pressure on the chart. This could lead to a war-like situation between Israel and Palestine.
$HDFCBANKdeviated below range low
taken liquidity
closed back in range
should chill here for a while but seeing its already reclaimed the range low may just gap up
sweet risk reward IF not in it wait for the open may pop back down so enter closer to the red line
HDFC BANK Support based trade IdeaHDFC BANK
>Taking a support from a support zone
>Good hammer candle it is forming
We can wait for EOW then we can plan a swing trade
HDFC BANK S/R fpr 6/10/23Support and Resistance Levels:
Based on the price action, you have to identify two significant levels: the red line acting as resistance and the green line acting as support. Additionally, there have marked red and green shades to represent resistance and support zones, respectively.
Support: The green line and green shade represent support levels. These levels are where the price tends to find buying interest, preventing it from falling further. Traders can consider these levels as potential buying opportunities.
Resistance: The red line and red shade represent resistance levels. These levels are where the price tends to encounter selling pressure, preventing it from rising further. Traders can consider these levels as potential selling opportunities.
Breakouts: If the price breaks above the resistance zone (red shade) convincingly, it may indicate a bullish breakout, and the price could move higher to the next resistance level. On the other hand, if the price breaks below the support zone (green shade) convincingly, it may indicate a bearish breakout, and the price could move lower to the next support level.
Keltner Channel:
The Keltner Channel is a technical indicator that uses an exponential moving average (EMA) to create an upper and lower channel around the price action. Traders can use this channel to identify potential long and short positions.
Long Position: If the price is above the upper line of the Keltner Channel, it may indicate a potential long opportunity, as it suggests the price is trading above the average range and might continue in an upward trend.
Short Position: If the price is below the lower line of the Keltner Channel, it may indicate a potential short opportunity, as it suggests the price is trading below the average range and might continue in a downward trend.
HDFC BANK SELLHi, According to my analysis of HDFC Bank stock, there is a high probability of a downturn. The price bounced from a very strong area, which is the resistance at 1720. Two very negative candles were formed, as shown in the analysis. We also notice that the stock is trying to break the flat pattern. Finally, good luck to everyone .Note: If you like this analysis, please give your opinion on it. in the comments. I will be happy to share ideas. Like and click to get free content. Thank you
HDFCBANK Broke outIts broken out of a expanding pattern...Hence buy It should go to its previous high...Also the indices are gone into the green zone ..As mentioned in my previous idea.
HDFC Bank - Elliott wave countHDFC bank Elliott Wave Count
HDFC Bank - The market appears to be ready for the next impulsive wave. 1484 level to be safe for the bullish view, if that breaks below then the view is considered invalid.
Please exercise caution when trading as this information is for educational purposes only.
NSE:HDFCBANK NSE:HDFCBANK1! BSE:HDBK1!
Trend line Break Down HDFC BANKA Long trend line breakdown in weekly time frame.
Already banknifty Trend is Bearish.
HDFC BANK S/R for 5/10/23Support and Resistance Levels:
Based on the price action, you have to identify two significant levels: the red line acting as resistance and the green line acting as support. Additionally, there have marked red and green shades to represent resistance and support zones, respectively.
Support: The green line and green shade represent support levels. These levels are where the price tends to find buying interest, preventing it from falling further. Traders can consider these levels as potential buying opportunities.
Resistance: The red line and red shade represent resistance levels. These levels are where the price tends to encounter selling pressure, preventing it from rising further. Traders can consider these levels as potential selling opportunities.
Breakouts: If the price breaks above the resistance zone (red shade) convincingly, it may indicate a bullish breakout, and the price could move higher to the next resistance level. On the other hand, if the price breaks below the support zone (green shade) convincingly, it may indicate a bearish breakout, and the price could move lower to the next support level.
Keltner Channel:
The Keltner Channel is a technical indicator that uses an exponential moving average (EMA) to create an upper and lower channel around the price action. Traders can use this channel to identify potential long and short positions.
Long Position: If the price is above the upper line of the Keltner Channel, it may indicate a potential long opportunity, as it suggests the price is trading above the average range and might continue in an upward trend.
Short Position: If the price is below the lower line of the Keltner Channel, it may indicate a potential short opportunity, as it suggests the price is trading below the average range and might continue in a downward trend.
HDFC BANK LONG SWING TRADE Stock take support on Fibonacci no 0.618 & make a Bullish Engulfing candlestick pattern.
If tomorrow price is above today closing price then entry for a long trade.
Disclaimer This is my personal view for education purpose only.
HDFC BANK S/R for 4/10/23Support and Resistance Levels:
Based on the price action, you have to identify two significant levels: the red line acting as resistance and the green line acting as support. Additionally, there have marked red and green shades to represent resistance and support zones, respectively.
Support: The green line and green shade represent support levels. These levels are where the price tends to find buying interest, preventing it from falling further. Traders can consider these levels as potential buying opportunities.
Resistance: The red line and red shade represent resistance levels. These levels are where the price tends to encounter selling pressure, preventing it from rising further. Traders can consider these levels as potential selling opportunities.
Breakouts: If the price breaks above the resistance zone (red shade) convincingly, it may indicate a bullish breakout, and the price could move higher to the next resistance level. On the other hand, if the price breaks below the support zone (green shade) convincingly, it may indicate a bearish breakout, and the price could move lower to the next support level.
Keltner Channel:
The Keltner Channel is a technical indicator that uses an exponential moving average (EMA) to create an upper and lower channel around the price action. Traders can use this channel to identify potential long and short positions.
Long Position: If the price is above the upper line of the Keltner Channel, it may indicate a potential long opportunity, as it suggests the price is trading above the average range and might continue in an upward trend.
Short Position: If the price is below the lower line of the Keltner Channel, it may indicate a potential short opportunity, as it suggests the price is trading below the average range and might continue in a downward trend.
HDFC Weekly AnalysisSharing HDFC Bank Chart Which Multiple Level With Feb , channel Ichum Cloud .
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