HDFCBANKIt seems at major resistance zone. On break of 1650 some good upside can be seen. If the same is not broken than old levels of 1300 can come back
HDFCBANK
HDFCBANK1!01-12
Daily chart of HDFCBANK1!
LTP: 1638.25
The candles are respecting the resistance (manual) between 1643 and 1645. This zone looks strong and it won't be easy to break and sustain above this.
The supports are at 1515 (manual) and 1470.45 (200 EMA)
RSI is bearish and shows a bearish divergence as well. This means that the stock is not losing strength.
The longer trend is bullish as the candles are trading above 200 EMA but swing traders can go short here.
HDFC BANKday chart of hdfc bank there is resistance of 1645
and support zone is 1590
anyside breakout we will enter
HDFC bank going to fly ???hdfc bank going to fly as per my analysis . it is in double bottom and 1632 around atime period of december end
RELIANCE INDS HDFCBank ICICIBank INFY LevelsRELIANCE INDS HDFCBank ICICIBank INFY Levels
If __ trading above __ levels, & we can plan for longs
If __ trading below __ levels, & we can plan for shorts
CNXIT CNXENERGY CNXAUTO CNXPSUBANK CNXMETAL CNXFMCG RELIANCE INDS HDFCBank INFY ICICIBank TCS SBIN AXISBANK HDFC HCLTECH
HDFC LIFE 1 HOUR CHARTtraders
Important levels are 1600 as demand zone and 1642 can as supply zone
and we have to consider trendline which is react as resistance so wait for breakout
view bullish if it hold 1600 level
HDFCBANK SHORT Hdfcbank created a Gartley on weekly timeframe
at a Crucial point of rounding top
after MSCI Changes news hdfcbank rallied like anything
we might see some exhaustion of the rally
and some pullback is expected
breakdown of 1600 round number with volume and close below it
we might test 1548
comments are appreciated !
At a Resistance, may face rejection Fin nifty is moving with taking resistance the trendline, friday we saw the price well respected the trendline and we saw some profit booking, profit booking may continue today as well
HDFC BANKIT breaks it resistance trendline after consolidate some times that why there is strong breakout let see how this stock will perform next
HDFC BANK - Breakout above 1500
HDFC BANK seems ready to blast above 1500!
Today's closing looks very strong which shows buyers are active now and ready to take it higher.. after posting good results recentl.. As per OI, 1500 is strong resistance, if it sustains above 1500 for at least 15 mins then huge short covering will get triggered! Probability is very high..
Bank nifty is also showing strength, it also seems ready to hit new highs in next few days..If stays above 41555 then short covering will take it much higher... HDFC bank would play major role in next BN upmove!
Play Safe, and always keep SL in system.
HDFCBANKNSE:HDFCBANK
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
2. Close, should be good and Clean.
3. R:R ratio should be 1 :2 minimum
4. Plan as per your RISK appetite
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose!
HDFC Bank Rounding bottom formation*HDFC Bank*
Time Frame: Daily
Observation:
* Rounding bottom formation
* Mean (EMA) Diversion
Resistance/Target: 1585 1677 1768 1827
Support: 1434 1365
HDFC bank breaking rising wedge and RSI loosing strength HDFC bank breaking rising wedge and RSI loosin
Bank nifty may touch 41000 if HDFC breakdown of rising wedge sustain
LONG ON HDFC BANK!!i kept on buying its dip, from past several months. now i have a huge amount in this stock, and it has started its 3rd wave, and will give a great bull run.
back in few ideas, i had posted the waves, and the stock is following it properly(link below).
IN THE DRAWN CIRCLE: a good green candle has breached the purple trend line, and it all way long to go till 1800. one can earn around 20% returns within 3 months, from a great moving and safe stock.
past from few days, we could see that nifty 50 stocks are getting there upward movement, since FII have started entering the market.
yet i believe that the matter of interest rates in US, has not completely settles, but slowly things have started becoming normal, and US have moved away from the recession point(link below).
HDFC BANK had a lot of FII selling, and this will become normal in this upcoming 3rd wave.
FINAL POINT: do have a look on MOVING AVERAGES AND MACD.
50ma will crossover 100ma in few weeks, and MACD has shown some green candles.
"stay long on this stock, good for swing trade, long term and soon for momentum trading too".
HDFC Bank Demand & Supply Zone for 02/Nov/2022Dear traders, I have identified chart levels based on my analysis, major support & resistance levels. Please note that I am not a SEBI registered member. Information shared by me here for educational purpose only. Please don’t trust me or anyone for trading/investment purpose as it may lead to financial losses. Focus on learning, how to fish, trust on your own trading skills and please do consult your financial advisor before trading.
Bank nifty chart analysis This red line are rasistance area and green horizontal line is buying zone.
Support zone is 40200 and strong support is 39900 to 39850.
selling area is 41200 to 41150.
HDFCBANK Stock Short Term ForecastThis stock has been trading in the downside impulse five wave move as shown in the target, currently it has ended the wave 4 and wave 5 down target is 1435 level.
HDFC BANK Looks good for SWING 10%HDFC BANK is sitting on (W)trendline and also trading in a parallel channel, between this zone we make trade plan and we can capture 10%.
HDFC Bank : Looking to prove itself.Good Day,
Hello Traders,
It is working under a channel as of now. Once it crosses 1470 and sustains , it looks good for the future.One can stay long keeping 1367 as Strict Stop Loss as this range of 1333-1367 been always been a massive support for HDFC bank.
If Banknifty had to cross 41840 all time high then HDFC bank had to move sharply towards 1600 levels in the coming months.
Good levels to buy if you get it cheaper by Rs 50/- for the long term portfolio.
Timeframe : Daily
Disclaimer : I am not SEBI registered analyst, this is for educational purposes.
Please trade as per your risk and do consult with your financial advisor before taking any
trading decisions.
If you really like the analysis , please do comments, LIKE and Follow me.
HDFC, FIBONNACI RETRACEMENT!!HDFC is currently, very undervalued. no doubt to buy this stock in every dips.
FIBONACCI, in its 0.618 area, great time to buy, on Friday, it has given about 2.25% rise(so now its great time to buy).
same uploaded for HDFC BANK also(check the link section).
HDFC BANK, FIBONNACI RETRACEMENT!!HDFC BANK, is currently greatly undervalued, it needs to come up, and it takes about 7% in nifty 50 index, and about 27% in nifty bank.
there is no doubt to buy this stock in every dips.
