Seems to be correcting in a 3 wave (Zig-Zag) manner after 5 waves up! Almost at the golden pocket, let's see how the price reacts from there. Great setup in my opinion with a clear invalidation level. Nothing much more to say, will update in a few days. Thanks for reading!
This stock is currently trading near its trendline... a strong fall is observed from the previous resistance levels... this is a good opportunity for us to enter long side.... If trendline breaks and retest will go for short side.... look for buying opportunities in this stock.
HDFCBK bottoming out on the shorter timeframe, we can see a double bottom with the neckline at 1705, has support near 1668. Above 1705 can go long for targets - 1715/1722/1742 Below 1668 can go short for targets- 1650/1635/1620
www.tradingview.com HDFCBANK : HDFCBANK is about to touch its 52w HIGH level. However, there is a divergence being indicated at RSI on Daily timeframe chart. The similar divergence being indicated at price level as well. We need to be cautious as there are a few Gaps open at near 1640 and 1570. As per Gap theory, every Gap has to be filled. If it holds above...
HDFC bank is presently at good levels and the whole market has moved up, but banking sector has not given good returns from the last 3 years. Profit of HDFC bank in 2019 was 22446 crore. The profit didn't decline in 2020 and in 2023 the profit was 46149 crore. The profit doubled but stock price did not This trend will be broken, and the banking sector will give...
The idea here is about HDFC Bank. Mentioned below are the points to be considered Points as per TA on a Daily & 4H Chart: 1. Awaiting break out of Falling wedge. 2. Butterfly Pattern completed with entry point confirmed. 3. Waiting for close above 20 EMA = 1550 on 1D chart. 4. RSI is at 44.30 on a Daily Chart. 5. MACD crossed above signal line on 11th Sept...
Hi, According to my analysis of HDFC Bank stock, there is a high probability of a downturn. The price bounced from a very strong area, which is the resistance at 1720. Two very negative candles were formed, as shown in the analysis. We also notice that the stock is trying to break the flat pattern. Finally, good luck to everyone .Note: If you like this...
HDFC bank Elliott Wave Count HDFC Bank - The market appears to be ready for the next impulsive wave. 1484 level to be safe for the bullish view, if that breaks below then the view is considered invalid. Please exercise caution when trading as this information is for educational purposes only. NSE:HDFCBANK NSE:HDFCBANK1! BSE:HDBK1!
Sharing HDFC Bank Chart Which Multiple Level With Feb , channel Ichum Cloud . . . . . . . Please share your thought
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.
#HDFCBANK #HDFC showing weakness, its been range bound and it will be good short 1640 is the area of invalidation if flipped into support
This stock is in inverse Head and shoulders pattern indicating that bullishness in the stock... Enter long on break of neckline and retest...
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...
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...
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 Bank imp zones mentioned on chart, all reversal and expected move mentioned with Arrow line, RED: Sell, Green: Buy Sell< 1589 SL: 1601 Target : 1583,1570,1569 Buy>1606 SL: 1589 Target : 1612,1622,1645 Wait for Proper Rejection on lower time fames at levels : @Support : Bullish @Resistance : Bearish Use SL trialing Method Kindly Support me via follow and...