Hdfcbank created a Gartley on weekly timeframe at a Crucial point of rounding top after MSCI Changes news hdfcbank rallied like anything we might see some exhaustion of the rally and some pullback is expected breakdown of 1600 round number with volume and close below it we might test 1548 comments are appreciated !
Dear traders, I have identified chart levels based on my analysis, major support & resistance levels. Please note that I am not a SEBI registered member. Information shared by me here for educational purpose only. Please don’t trust me or anyone for trading/investment purpose as it may lead to financial losses. Focus on learning, how to fish, trust on your own...
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
HDFC Bank Futures Key Trading Levels for 24th June 2022 Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views. Please consult your Financial...
HDFC Bank Under pressure if Break out below 1370 expect more fall H&S pattern break down
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.