Support and Resistance Levels:
Based on the price action, you have to identify two significant levels: the red line acting as resistance and the green line acting as support. Additionally, there have marked red and green shades to represent resistance and support zones, respectively.
Support: The green line and green shade represent support levels. These levels...
HDFC Bank Q chart. Top private sector bank. 3Y consolidation and is at the support of the trendline Feb 12. RSI(34) is below 70. Weekly chart formed Lower Low on Feb 12. This chart was previously shared.
Following up with this Quarterly chart, posting daily chart of HDFC bank in comparison with Nifty Private sector bank RSI & MACD. Rate of change of HDFC bank is...
Support and Resistance Levels:
Based on the price action, you have to identify two significant levels: the red line acting as resistance and the green line acting as support. Additionally, there have marked red and green shades to represent resistance and support zones, respectively.
Support: The green line and green shade represent support levels. These levels...
HDFC Bank Q chart. Top private sector bank. 3Y consolidation and is at the support of the trendline Feb 12. RSI(34) is below 70. Weekly chart formed Lower Low on Feb 12.
The stock might take support at this level consolidate for some time and trade in the range of around 1420-1435 for the short term my view.
RSI oversold on daily chart 23 lvls
price broken the bearish trendline, while breaking the trendline price leaves a demand zone on bottom side.
so wait until price test the demand zone and go for long entry in HDFCBANK.
Mark the targets on topside every intersection points to the trendline.
If price breaks the bottom side demand zones, by consolidating between the demand and support zone price...
The price is about to pivot after remaining in the range 1756.30 and 1272.80 since the year 2021. The management is beginning to communicate better with the public hence dispersing extant fears.
You would notice from the chart that the current unfolding price pattern is similar to the price structure in the rectangle. There’s a high probability that the price will...
HDFC is showing bearish sign after in month of consolation seem in 6 month this share easy Touch down Trendline if 700-800
For quits trader it's time to exit if market below than this level 5% stop less from 700-800 rs easy target
For option trader -- take a PE call 1250 and every reversal book profit and enter in PE till 700-800 zone
For more chart analysis...
HDFC is showing bearish sign after in month of consolation seem in 6 month this share easy Touch down Trendline if 700-800
For quits trader it's time to exit if market below than this level 5% stop less --- from 700-800 rs easy target
For option trader -- take a PE call 1250 and every reversal book profit and enter in PE till 700-800 zone
For more chart...
Support and Resistance Levels:
Based on the price action, you have to identify two significant levels: the red line acting as resistance and the green line acting as support. Additionally, there have marked red and green shades to represent resistance and support zones, respectively.
Support: The green line and green shade represent support levels. These levels...
Bouncing from support.. bullish divergence..mutual funds accumulating in large amounts..hdfc bank is a giant.. no need of introduction.. best time for investors to enter for target 1700+.. 20%.. for traders sl is 1350 dcb
Dear Traders,
I hope this message finds you well. I wanted to provide you with a brief update on the stock NSE:HDFCBANK I have been monitoring.
It appears that the stock is approaching a potential Support level Near 1400-1405 This is an important technical point where the price has historically had difficulty breaking through. It suggests that we may see a...
While rest of the large cap in India market have started to catch up with mid and small caps after the state election results, HDFCBANK caught the fever a bit late and just has started to move breaking the previous resistance. Closing at 1646 on 12/15 - right at the the .61 Fibo level with pivots as Feb '23 high and Q3 Low - support level is well established in...
