go for it definetely gain in 1 month
Keep an eyes on HDFCAMC, simple price action no jazz!
forming a ascending triangle into a major resistance its been long hdfc playing in these price ranges now accumalation can be seen arounf these price levels so high probability for a big move i'm bullish
trying to come out from a downward channel wait for channel to break 200 sma is nearby and stock has taken support from it
HDFC Bank Forecast for June 2021 using planets.
HDFC Looking Bullish Above 2535 can give good Movement in upside can touch 2600-2700 in coming days
It is rightly said - While looking for the next HDFC, don't forget the original one. The above analysis is done purely on basis of Price Action & Chart Patterns. The logic behind this is mentioned in the image itself. I am not mentioning any levels for entry or SL or Target. Reason behind that - Its neither too early nor too late to enter a stock like HDFC....
Looks like ABC correction has completed and another series of impulsive wave to start. Taken support at 50% Fib retracement level and broken out of diagonal trendline resistance. Fundamentally speaking, one of the leaders in Asset management and belongs to reputed HDFC group.
POSITIONAL INVESTMENT VIEW IN #HDFC BREAK OUT GIVEN AT 2423 NOW WAIT FOR RETEST BREAKOUT LEVLS FOR ENTRY BUY HDFC 2405 ADD MORE 3150 STOP LOSS - 2340 CLBS TARGET -2500 2550 2600 2650 ++++
Banknifty has shown resilience to FII selling, RBI announcement today seems to have altered the nature of market. However not much has changed we presume three possibilities around which a probable expiry day plan can be traced. A strangle of 33100CE and 32800 PE trading around 373 a pair seems a good bet to ride tomorrow . All the best
A stangle on both the side bounded by 33500 on lower end with 34000 on upper end is an estimated range, any overnight change must be looked upon with behavior on OI data
Head and shoulder Pattern Bo will take it to 1460 , 1497