The stock is Near its demand zone,, it indicates that there is potential buying interest at that price level, and it could be a strategic point to consider for investing or trade. find long opportunity in this area....
Hdfcbank has given a meaning full correction on intraday basis and is taking the support on major levels, It has been in deep consolidation from last 2years and now looks like operators gave a false news for the fall and bought it in a block deal on lower levels which is generally the trick to buy on lows.
Publishing the TrapZone Pro charts on the daily timeframe for the Top 4 Indian Banks. They all look Bullish except Kotak Mahindra Bank at the moment. Will keep this Idea Up dated every few days for reference.
#HDFCBANK #HDFC showing weakness, its been range bound and it will be good short 1640 is the area of invalidation if flipped into support
NSE:HDFCBANK 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. 2. R:R ratio should be 1 :2 minimum 3. Plan as per your RISK appetite and Money Management. Disclaimer : You are responsible for your Profits and loss, Shared for...
I can see that HDFC Bank has touch this level so many times and it had gained a lot around 10%-15% in 30 to 40 days as I have drawn in the chart. From this point I have clear vision of making around 20% gain. It may show good upward move as the Nifty and Sensex stabilize.
This stock is in inverse Head and shoulders pattern indicating that bullishness in the stock... Enter long on break of neckline and retest...
NSE:HDFCBANK 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. 2. R:R ratio should be 1 :2 minimum 3. Plan as per your RISK appetite and Money Management. Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose
The stock is trending downwards.... In Higher time frames price is in channel.... price is at support + trendline. If it is a bullish turn price breaks the trendline and retest will look for buy side.... If no break is detected and again falls will be on short side.... most chances of fall again...it has to clear the liquidity @1600 levels... Keep safe...
HDFCBANK - The stock has a bearish wave downwards and could continue to further lower levels. A consolidation below the trendline is a possibility. However, the moves are quite strong when in wave 3. This idea is based on the Elliott Wave theory. Manage your own trade/Investment with proper risk management.
A rising wedge type of pattern can be observed in the weekly chart of HDFC Bank. Price has failed to breakout above the 1750 level 4 times in the past 2 years. Price seems to have broken down on the weekly chart from the pattern. Supports at 1580, 1530. Good medium to long term buying opportunity if it reaches around 1410 which is the 200 EMA on the weekly.
the stock is trendnig upwards... previously a strongfall is observed from the zone 1740. price again broken this zone and failed to close above that zone... and again a strong fall is observed... now price is trading near to its previous resistances... keep an eye on these levels...
#MUTHOOTFIN... Intraday as well as swing trade All levels given in charts ... IF good potential seen then we work in options also if activate then possible a good movement Keep eye on this ... We take trade only when it activates... Possible to give good target TRADING FACTS
Refer chart for all level. Short on hourly close below Friday's low.
long term inverstment call 🧲🧲🧲🧲🧲🧲🧲🧲🧲🧲🧲 IDFCFIRST BANK BUYING RANGE - 83-85 STOPLOSS 80 TARGET 100/123/138/150/200++++
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 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.
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.