Strategy- Cup with handle pattern CMP- 1688.75 Target- 2175 Approx Gain -30% Largest bank of Bharat with high net profits and in a consolidation state from past 2 years. Best buy both for short term and long term.
HDFC.. A jewel in Indian stock market completed its journey... The Legend.. Time to say Good bye and see in new Avataar !!
HDFC is nearing demand zone. Good buy on the Banknifty and HDFC for short term once it touched the demand zone. Note: This is for educational purpose.
HDFC Bank Faces Rejection at Daily Resistance, Potential Retracement to 1580 Support. Strong Daily Candle Closure Highlights Possibility, But Bullish Breakout Could Invalidate Expectations.
hdfc buy @ 2650 target @ 2750, 2850, 2998 ascending triangle breakout and retest risk reward 3.23 sl @2541
The largest merger agreement in India to date, between HDFC and HDFC bank, has piqued the interest of Indian investors. Whenever there is news about a merger, prices peak in the near term and then recover. So, for the time being, it is extremely possible to halt current progress and retrace to 1600 before rising to 2600-2800 during the next year.
NSE:HDFC One Can Enter Now ! Or Wait for Retest of the Trendline (BO) Or wait For better R:R ratio 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,...
upper limit- 2795.80 cmp- 2000 gain- around 40% from present level HDFC group company with high brand value. potential gain of 40% from the present level, supported by its increasing yearly profits and consistently good quarterly results. Its present PE ratio is 29.9 while the lifetime median PE ratio is 41 further supporting the chances of an uptrend.
Here you can witness a clear breakout of the Trendline in Blue Color and Resistance Level in Red Color, Which means this share is ready to enter in up-trend now. One can consider this share for a good return in the Long Term period. But for a short period, my defined targets are as below: Entry above - Rs 2000 1st Target - Rs 2200 2nd Target - Rs 2300 Long-Term...
Watch HDFC for its trendline support test and wait for a reversal pattern on it to go for a long Also 200 Moving Average support below trendline
Observations:: ------->> It is in a down trend, price is going down after a consolidation stage. ------->> Look for buy we have a strong up move detected in the zone 2635. keep watch this level for be on the buy side, wait for confirmation before going to buy. Consolidation + down side = Up move may possible. keep track this level.
Since hdfc closed above the previous high And also retested above the previous high Possibility for filling the gap is very high And OI data indicates strong resistance at only 2800 Till 2800, there will be a strong rally. Fib 0.6 coincides with the IO data Closed above Fib 0.3 and retested
HDFC - Ascending Triange Ready to breakdown or Breakout, we need to wait and watch for the sides, hdfc is taking.
NSE:HDFCBANK H&S pattern Gives us a target of ₹1940 Entry at bottom of right shoulder Entry point i.e. Green box: ₹16000 Gains: 20% Entry at the break out of H&S pattern Entry point: ₹1760 Gains: 10% Duration: 3-4 months *Not a financial advice. My charts speaks louder than words. I'm a chartist and I paint charts.
On the chart we can see a rising wedge. We are looking for the price reach the upsloping resistance to enter short. Then we expect the price will go down to retest the support line. Invalidation of this thesis would be if the price breaks above the upsloping resistance line.
Just filled the previous gap and now approaching long term resistance... lets c if it breaks and sustains... Happy trading... Like and share... Follow for more updates....
HDFC life stock make a decending Triangle pattern in uptrend (major trend down). You can add this stock in your swing stock watchlist. if stock breakout the pattern then for long if breakdown the lvel then for short Always do your own analysis first.......
#HDFC tried to cross 2600-2700 levels multiple times in past 2 year but failed to do so and back to Pre-Covid level again. 2700 level turned out to be Important Resistance and VAH of 2021. Break below 2500 we might see some support around 2430-2450 below this it can turned to be more Bearish.