On the announcement of merger between HDFC and HDFC Bank, the stock made a climax top and has been trading below it ever since. Expecting a follow through to the downside with 1150 as my first objective.
We expect that the price will increase. After neckline of inverse head & shoulders, the price have started to increase as expected. RSI is overbought therefore we expect the price to pull back and test the support which would be our entry for long, Moreover, Gator shows us that the price will increase. Stop loss below the neckline of the pattern. The target...
Dear traders, I have identified levels based on my analysis, major support and resistance levels. Please note that I am not a SEBI registered member. Information shared for educational purpose. Please do take trade based on your own analysis and risk-taking abilities. Never ever worked with fixed mindset. Any news/result data may change the direction of the trend...
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
AS SAID EARLIER, OUR TARGET IN BNF ACHEIVED! Banknifty is on a range where HDFC would open gapup and may touch 35205 and reatrce down, USUAllY on all HDFC Gapups or bank Gapups profit booking is eminent as HDFC bank is #1 in BNF and hence the same.
Indian private bank king is ready to make an impulse in the long direction be in the trend for the rewards 1 Week time frame Factors which im considering 1) RSI divergence 2) Piercing candle in the support of 50 sma 3) Support in 50 sma 1 Day time frame It has taken good support in 1 day time frame of 50,100 sma( simple moving average) reversal pattern...
HDFC Bank Futures Key Trading Levels for 27th 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...
Market 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.****
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...
NSE:HDFCBANK1! 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 * 1400 * level break then our Target 1 ------ 1420 And if upward movement remains continue then our Target 2------ 1465 And if * 1380 * level break then our ...
NSE: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 :)
I 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...
Hi Everyone Hope You are all doing good :)) Today #Banknifty give us a gapdown opening, so now banknifty again comes into the range of 36500-36000 all the important levels are marked. Enjoy your day:))
on the weekly chart : the price did a wide gap downwards and made a decent red candle so far on the daily chart : breaking a level and going down strong on the 15 min chart : the price had went bellow the VWAP meaning the day will end red personal opinion : the price will keep on going down until reaching the middle level with 80% of bouncing of it heading up best...
Bearish divergence shown by RSI on weekly timeframe with weekly close as a strong bearish pin bar candlestick shows there is strong bearish pressure. Do not jump to buy because of the merger and everyone is bullish. Let the price fall to buying zone for a big rally upside. Buying Zone is around 1100-1175 level Target 1 2350 (100% ROI) Medium...
Good support for HDFCBANK at 50% fib level on a daily timeframe and the volume supports the momentum and trend reversal is expected. This is for educational purpose only.
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