HDB trade ideas
HDFC LongFormed Positive Triangle pattern, On Monday if first 5 mnt sustain the 1500 level then go long for 1530 and then 1550
HDFCBANK - Good time to enter/pyramiding - Swing/InvestmentThe above analysis is done purely on basis of Price Action & Chart Patterns.
The analysis is done on weekly TF hence price may take few days to few weeks in order to reach the targets.
Trade Entry - Either above the high of breakout candle or on small pullbacks
Target and SL for both patterns are given in image.
The above analysis is purely for educational purpose. Traders must do their own study before entering into any trade. Traders must trade as per their own risk taking capacity and money management.
Feel Free to comment or message me for any query or suggestion regarding this stock or Price Action Analysis.
Checkout my other ideas to understand how one can earn from stock markets with simple trade setups.
hdfcbankresistance area and support zone marked.
aggressive traders can buy around 1445 and see if it breaks trendline
others to wait till bottom support
This is just for an educational purpose.
HDFC bank long term trading ideasLonger term breakout happened buy for the target 1700 for next 6 month.
HDFCBANK ABOVE SUPPLY ZONEHDFC BANK has seen a very good trending move yesterday and it also went above and also closed above the supply zone (1415-1425), which would now act as a demand zone, hence any dip in the stock would most likely be absorbed soon, as long as stock is trading above 1410 levels.
Immediate resistance is around 1480-1490 levels.
This trade offers a good risk-reward ratio.
Trade type: Swing, Breakout
HDFCBANK : 1341.00 - 1351.00 Support Zone1341-1351 is Good Support Zone in daily & Weekly Chart .......
Reason of chart clearly indication that 5 times Revere from this zone .... if close below zone next support @ 1252.00
Buy when price close on RUL
hdfc bank looks bearish flag formed..keep an eye on hdfc bank it the flag will active may we see pole target from bearish flag ..
HDFC Bank - Bullish Trend (Intraday - 19/4)Positive Side:
1. Formation of two bullish pattern - Cup & Handle Pattern, Flag Pattern. Indicating uptrend after the breakout (1432). Most probably, if we have a good early start and it can break 1449 and it will tend to reach the Target 1 (1460). So, ignore trading in this spot, if we have such situation.
2. Once the target 1 is achieved, it can form a V pattern. Which is again indicating a upward trend. Which is where the majority of profit booking is possible. Target 2 (1495).
3. If we still have a bullish run, it can move even further. But the volume profile, doesn't seems to be supporting it on Monday.
4. Moving Average 20 & 50 for the 1hr chart is about to collide, which tends to move the stock upward.
5. Can trade between 1450 and 1490, the region where we can see big candle in the volume profile.
6. HDFC Bank Q4 results: Net profit rises 18% to ₹8,186 cr
7. Bank Nifty is on the top edge side of a trendline
8. Perfectly matching with the Fibonacci Retraction.
Negative Side
1. If the market falls just like it did for the last two monday, we can expect the downfall for hdfc bank as well. So recommended to keep the stoploss at 1415.
HDFCBANK 4HRCONFLUENCE OF Daily & 4HR Bullish Bat ZONES
Earlier this same Pattern given good reaction on Type1 entry & hit Target now its TYPE 2 ENTRY
Within 3-5 price bars need the confirmation from a Bullish CANDLE with RSI ABOVE 30
POTENTIAL BUY
HDFCBANK 15 MIN CHART HDFCBANK is Forming a Descending Traingle Pattern. I have also Marked Demand and Supply Zone.
HDFC bank trading ideasLegendary analysis : Short term trading ideas on hdfc bank watch out support line and resistance trend line breaking above it strong bullish only above it. This is a short term triangle pattern.
HDB: Breakout Confirmed, 28.39% Potential Profit!Description: HDB is trending higher and in an uptrend meaning that highs are getting higher and lows are getting higher. The uptrend line on the chart and the Trending Band Indicator (which measures trend) supports the Long Position.
Stats:
1. Ideal buy range: $71.9 - $76.2
2. Take profit: $93.75
3. Stop Loss: $68.9
4. Risk To Reward: 1 / 5
5. Accuracy Rating: 94%
BUY HDFCBANKTriangle breakout in hdfcbank 60min chart. we may see 1460 in coming days. view negated below 1410
