HDFC Bank 1570-75 Resistance area This area is multiple time tasted and today the stock is closed 13 points lower from it's high. Breaking above 1575 will take it up to 1600.
HDFC bank and AXIS bank are struggling to move higher from February's high where the SBIN and ICICI made 20-30% higher from February high. As there is no recent events and could expect the stock move sideways for next two months. Range - 1370 ~ 1620 Support - 1350-1400 Resistance - 1550-1630
The scrip is currently taking dual support on 20 week MA as well as pandemic lows trendline. Also the company is about to declare its result on the weekend , so it can be a good buying @ support levels for above mentioned targets with prescribed stop losses
Hdfc is in a good channel pattern and has shown good strength near its demand zone if tomm it break the green trendline we can go long for a good target as RBI has also released good FSR July 2021. Be a smart trader not a horny one, wait for breakout of green line and let it retest or show show good volume Follow for More Chartings
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HDFC BANK has seen a very good trending move yesterday and it also went above and also closed above the supply zone (1415-1425), which would now act as a demand zone, hence any dip in the stock would most likely be absorbed soon, as long as stock is trading above 1410 levels. Immediate resistance is around 1480-1490 levels. This trade offers a good risk-reward...
HDFC Bank should find a support around 1420.
as we can see there is a bearish divergence of Price with MACD and it got its confirmation as the price has fallen and tested the immediate Support Area, and MACD and signal lines has crossed in MACD indicator which is the sign of trend reversal and price correction. the trend is range bounding in a ascending parallels channel and currently touching the top bond ...
HDFCBANK CHART Daily Chart till to- 04/12/2020 What You See In This Chart? How to take Trade? Which Type Take Entry (Long / Short)? Which Price For StopLoss? Which Price For Target? Please Comment What You Think About Hdfc Bank Trade!!!!! Disclaimer :- This Chart For Only Educational Purpose, We Can't Give Any Buy Sell Tips or Call, Learn first...
HDFC BANK VERTICAL TREND LINE FALL 15 MIN
HDFC Bank - 12-22 POINTS PROFIT TRADE
HDFC Bank is currently trading at support zone and the trend is turning to bearish. From the 200 Weekly MA HDFCBANK made a pullback, from this level few days or weeks of range bound distribution phase can be seen, RSI is below 30 and price is below the Ichimoku Cloud and it is turning to bearish, Alligator is bearish. If one or two weekly candle closes below...
Disclaimer - I could be wrong/Trade at your own risk...