This stock is now at resistance zone. price previously a strong fall is noticed from top side @ATH Levels, price is now in consolidation at support levels... This is the place again we have to look for continuation or reversal again to test the bottom side demand at 1240 zone of support. keep an eye on these levels.
This stock is now in consolidation. we have a chance of manipulation below support levels... keep look for buy side from this demand zone... if price breaks the demand will look for short side continuation...OR Reversal again by bear trap.
I am sharing the important levels of Support and Resistance. These levels plays a crucial role in trading decisions, as they act as reliable markers of price movements. ------>>Support levels are price points where an asset tends to find buying interest, preventing it from falling further. ---->Resistance levels, on the other hand, are points...
Price is undergoing expanded flat correction. Good to accumulate around 1200-1300 levels for a target of around 2600 in medium to long term. Price is heading towards pre covid levels while the revenue & net profit have almost doubled. Do your own due diligence before taking any action. Peace!!
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...
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...
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 Head and shoulders pattern if it breaks 1654 then it can go all the way till 1580.
Dear traders, I have identified chart levels based on my analysis, major support, and resistance levels. Please note that I am not a SEBI registered member. Information shared here for educational purpose. Please don’t trust me or anyone for trading/investment purpose. Focus on learning how to fish, trust your own skills and please do consult your financial...
Banking sector is bullish now, at the current pace HDFCbank could make a quick move up towards 1520 levels. The stock has been hitting the resistance level of 1500 and have been holding quite well, in a matter of a day or 2 the stock should show a break out.
HDFC has a good support at 1430 levels. This is also the level for 200 day EMA. The stock is expected to move till 1466 as target with stop loss at 1429. Risk to reward of 1:2.25
POSITIONAL Buy above 1405 Target 1450++ Stop loss 1380 Sell below 1383 to 1380 Target 1350 Stop loss 1407 I will Prefer buy trade if activated as risk reward is good Money management is equally important like technical analysis. Inside candle learning Only for educational purpose
HDFC Bank Under pressure if Break out below 1370 expect more fall H&S pattern break down
Buy and hold hdfc bank above 1530. Target is 1570. Breaking above 1575 will give H&S pattern breakout will take it up to previous all time high.
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
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 ...
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