BuyIf its cross 50 ema on daily time frame its just because its is taking a rejection of 50 ema if its cross we can say its can be a trend change
HDFCBANK trade ideas
HDFC BANK Analysis/prediction for weekly 27/06/2022Market opening on Monday : Big gap down.
Market structure : sideways.
Major resistance : 1369.
Major support : 1325.
Take put position if market opens at 1350-1340 target 1322- 1325.Keep stop loss of 5 points above opening price.
Take call position if market reversal at 1320-1325. Target 1355-1360.keep stop loss of 5 points.
**** DISCLAIMER- TRADE OF YOUR RISK.****
HDFCBANK technical analysisNSE:HDFCBANK
In HDFCBANK
above you can see the important levels and by *auto harmonic patterns* ( cypher ).
On its basis and some analysis we mentioned some targets.
If * 1320 * level break then our
Target 1 ------ 1300
And if upward movement remains continue then our
Target 2------ 1260
If you also want to use such setup then follow the steps:
1) Go to indicator and search. Auto harmonic pattern .
2) Now go to settings and then in _style and uncheck the table.
3) Now it is ready. if Any pattern will form then will automatically show you the entry points and targets.
I hope it will help you😇😇
For more such analysis stay connected with us and Checkout our new updates 🤘🤘🤘
HDFC BankHDFC bank is forming a kind of Head & shoulder pattern at weekly timeframe.
For some days, HDFC may consolidate in range between 1100-1200.
if HDFC break any levels, Target levels will be clearly achieve.
Thanks & Regards,
Sumit Thakur
HDFC BANKInternational yoga day my profits day. The power of price action strategy almost 1.2 profit and risk reward that's the all trader want.
HDFC BANK - Trend Analysis for InvestmentHDFC BANK - Trend Analysis for long term Investors
1. Golden ratio at 1110, It's a golden apportionment for the invertors to accumulate at this level.
2. It's not yet broken the 1st support at 1290.
3. Based on the NIFTY BANK weakness, the upcoming week will be more pressure on this bank.
4. Next support zones are 1275,1175 and 1110 respectively.
5. FII Slightly reduces the percentage of holdings for a couple of quarters, but at below 1100, they will start accumulating.
Note:
1. I’m not a SEBI Registered advisor, my research is personal and for educational purposes only.
2. Always check with your financial advisor and take the trade as per your risk/reward ratio.
3. Follow me for more patterns and like, and share so that we feel it is helpful to many and share more patterns...
HDFCBANKSO HIII GUYS THIS IS THE INDIAS BEST STOCK this stock is never disappoint people's hope & allso my favourite stock
HDFC BANK...BuyBeautiful Head and shoulders breakout...should shoot up to tgt mentioned taking BANK NIFTY And Nifty up
HDFCBANK LONGNSE:HDFCBANK can be good choice for swing trade for a couple of weeks as it made an inverted hammer on last week on weekly chart, and closed above the inverted hammer's low point.
A good support zone for this stock is at around 1300.
Trade Details:
Entry: below 1310
Stop Loss: 1280-1285
Target: 1405-1410
Holding Period: 2-3 weeks
Happy Investing :)
HDFC BANK HDFC BANK - Morning star set up at pre pandemic levels
One can go long with a SL of 200 ema.
Good risk reward ratio here.
HDFC Bank - Monthly Chart - Long Term Investing Opportunity.HDFC Bank - Monthly Chart - Long Term Investing Opportunity. Can keep on adding small quantities.
Rising Wedge with fibonacci retracement works wonderful at timesDowntrend Setup:
- Fibonacci retracement drawn (a1)
- 100% before the range of a rising wedge (b1)
- 61.80% at the bottom of the wedge (c1)
Result:
- Price falling down to 23% of the retracement after a breakdown
Followup Uptrend Setup:
- Fibonacci retracement drawn
- 100% at the bottom of the down trend
- 0% at b1 ( Before the start of the rising wedge )
Result:
- Price rising to 23% of the swing after the Rise
- Price then falls to 61.8% in the swing
HDFC Long term TAHDFC long term ta.
Buy levels: (buy in parts)
1. At current level. 30%
2. At the bottom of channel support. 40%
3. Around that red line. 30%
then ya'll Set for long term
Cheers,
~Nav
hdfc head and shoulders pattern formed weeklywe can expect head and shoulers in hdfc weekly time frame
HDFCBANKhdfcbank broke out of pennent pattern on smaller time frame with decent volumes.
Could b bought with mentioned stoploss & targets.
HDFCBANK Daily Bullish Deep Crab
Earlier this Pattern given good reaction on Type1 entry & both target hit
now price again came into PRZ Zone of Pattern it becomes a TYPE2 Entry which is REVERSAL
price need to follow Green Trend line & hit target
If price Breaks Red Trend line is where EXIT before SL hits
POTENTIAL BUYV
HDFCBANK 4HRBullish Deep Crab
Earlier Pattern given good reaction on Type1 entry & both targets hit now price again came into PRZ Zone of Pattern it becomes a TYPE2 Entry which is REVERSAL
Price need to follow GREEN TREND LINE and hit Target 1 & 2 , else if Price BREAKS RED TREND LINE is EXIT
POTENTIAL BUY
HDFC BANK Trend AnalysisI have made some changes in this analysis.
Kindly disregard my previous analysis linked below.
Now price is at key support level of 1300.
If breaks it can easily fall to 1000-1100 levels where trendline support will add confluence.
Accumulate at 1000-1100 levels for the following targets:
Short term swing target @ 1475 (40% ROI with 4.25 R:R)
Medium term swing target @ 1725 (64% ROI with 6.75 R:R)
Long term positional target @ 2350 (123% ROI with 13 R:R)
Stop loss @ 950 (optional)
Do your own due diligence before taking any action.
Peace!!
HDFC BullishHDFC Bank will be bullish as per my analysis. Currently near 75 min breakout level as per my trading idea.
