1.Stock had a strong base after a long downtrend & after breakout stock is now trading in range. 2.If we apply the Fib extension from breakout to base, can see 1550 was important level which is 1.618 level. 3.We can identify the Pole & Flag where breakout comes at 1550, but as per structure will keep adding on dips till we are trading above 1480-1490 which is...
Support and Resistance Levels: In technical analysis, support and resistance levels are significant price levels where buying or selling interest tends to be strong. They are identified based on previous price levels where the price has shown a tendency to reverse or find support. Support levels are represented by the green line and green shade, indicating areas...
Support and Resistance Levels: In technical analysis, support and resistance levels are significant price levels where buying or selling interest tends to be strong. They are identified based on previous price levels where the price has shown a tendency to reverse or find support. Support levels are represented by the green line and green shade, indicating areas...
Support and Resistance Levels: In technical analysis, support and resistance levels are significant price levels where buying or selling interest tends to be strong. They are identified based on previous price levels where the price has shown a tendency to reverse or find support. Support levels are represented by the green line and green shade, indicating areas...
Support and Resistance Levels: In technical analysis, support and resistance levels are significant price levels where buying or selling interest tends to be strong. They are identified based on previous price levels where the price has shown a tendency to reverse or find support. Support levels are represented by the green line and green shade, indicating areas...
3 months since my first idea on HDFC Bank. After correcting in a zig-zag pattern, price reversed from a little below the projected green Fibonacci zone. I would like so see a fewer more higher highs as shown via red path to call it a clear impulse. A break of corrective channel would add confidence. All in all it was a good trade to take with a very low...
Support and Resistance Levels: In technical analysis, support and resistance levels are significant price levels where buying or selling interest tends to be strong. They are identified based on previous price levels where the price has shown a tendency to reverse or find support. Support levels are represented by the green line and green shade, indicating areas...
Time to take short position in HDFCBank. Will it again go back in 1400 range ?
Wyckoff in progress on HDFC Bank, we are in a bullish trend, I'm expecting it to be an accumulation of orders, I identified an optimized buy zone below equal lows, a good reaction should happen.
Support and Resistance Levels: In technical analysis, support and resistance levels are significant price levels where buying or selling interest tends to be strong. They are identified based on previous price levels where the price has shown a tendency to reverse or find support. Support levels are represented by the green line and green shade, indicating areas...
Can bounce back from 200EMA support - looks strong trend!
Support and Resistance Levels: In technical analysis, support and resistance levels are significant price levels where buying or selling interest tends to be strong. They are identified based on previous price levels where the price has shown a tendency to reverse or find support. Support levels are represented by the green line and green shade, indicating areas...
HDFCBank meet with our first Target T1. We updated long trade earlier in the HDFCBank. Which went well 😀
Looks like HDFC Bank is in oversold zone looks like more chance to test 2070 in 4years, lets see if this works Support: 1365 Target: 2070
Today HDFC Bank opened with huge Gap down RSI below 30 EMA below 200 Gap @ 1658 support @ 1650
The chart is pretty self-explanatory as always :) What do you make of this price action? Have Requests, Questions, or Suggestions? DM us or comment below.👇 ⚠️Disclaimer: We are not registered advisors. The views expressed here are merely personal opinions. Irrespective of the language used, Nothing mentioned here should be considered as advice or...
HDFC BANK: a) Best ever Net Profit. b) PE Ratio- 5 year average is 23, current is 16. c) Public holding reduced by 1% d) Who is going to contribute when NIFTY touches 25k..? Let me know your thought in Comments.
Support and Resistance Levels: In technical analysis, support and resistance levels are significant price levels where buying or selling interest tends to be strong. They are identified based on previous price levels where the price has shown a tendency to reverse or find support. Support levels are represented by the green line and green shade, indicating areas...