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.
The scrip is possibly moving for a H&S. there is a good shorting opportunity if price approaching 1950 with a small SL and target of 25 points down side. keep trailing your SL
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...
HDFCBANK:: Bullish view From 1580 and 1540 range:: ----->> HDFCBANK currently trending downwards.... we have a bearish gap left @1680 zone.... that will again push the price downwards....look here for sell @1680 zone... we have demand zones placed @1540 range will take the price again upto 1740 range... look here for buy to continue in the short term long. short...
Observations:: After a strong fall price is not able to break the previous high, and price is exactly now @ support,looks like its weak @1600 levels. if price breaks 1600 levels,price fall is observed upto 1580 and 1540 levels. Don't go for sell in HDFCBANK, it may reverse at any place in this levels. look here for buyside until bearish gap filled on above 1640...
Index is moving in a LL pattern and possibly it may hit 1565 Level in this series.
Observations:: This is also continuation update of HDFCBANK Analysis:: In my last update about drop base drop formation. the demand zone is restrict the price to go down, witness a consolidation stage is observed in HDFCBANK, we have to see if price drop continue to 1590 range, then we expect a rise from this zone, if acts as support we will see again the...
#HDFCLIFE.. ✅▶️ 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 huge movement Keep eye on this ... We take trade only when it activates... Possible to give good target TRADING FACTS
Observations: if demand acts as Supply, fall is going to happen from here. previous strong bullish from 1680 level, if acts as price turned to be bearish in HDFCBANK. ------->>After trending upwards, a strong breakout is given above 1700 level, with consolidation ,which is previous resistance got broken strongly. ------->>Now with opening a huge gap down, showing...
HDFC BANK stock price is in uptrend buy : 1645 sl : 1616 tp : 1690
Observations: ------->>After trending upwards, a strong breakout is given above 1700 level, which is previous resistance got broken strongly. ------->>Now with opening a huge gap down, showing bearish pressure pushes the price towards downside, this is not a sign of reversal in HDFCBANK. It's an opportunity to enter long again from these levels. -------->>Keep on...
HDFC Head and shoulders pattern if it breaks 1654 then it can go all the way till 1580.
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.
HDFCBANK is at its All time High. again Reversed from ATH. bullishness is continue or Reversal May Happen. A strong selling pressure is observed at 1700 level ,look at the reaction at 1680 levels to go upside or downside. if acts as Support price is moving upwards otherwise downwards. keep an eye at these levels.
HDFC bank looking good & Looks like a perfect cup with handle pattern so ready to bullish rally
*Everything is mentioned on the chart. I hope it is easy to understand. *Don't jump in to trade at the beginning of the market. let it get settle for 5 min 15MIN first and judge price action. *Avoid gap up or gap down chase. Wait and trade between level. Note :Trade with strict stoploss. It may or may not hit all the levels. So one can book profit / loss at...
As per my analysis, here are support & resistance level of NSE:HDFCBANK for upcoming days. Note: This is my personal analysis, only for learning. Thanks