SL can be 1120-30.
Operational... HDFC Bank is all set to embark on its journey towards 1248-1297 followed by 1315 levels. However the stock has been beaten up recently due to news around Aditya Puri.
The Bank's segments include Treasury, Retail banking, Wholesale banking and Other banking business. Upwards :- When the market opens, wait for HDFC Bank to take a direction.
PLEASE DO YOUR OWN RESEARCH BEFORE TAKING ANY TRADE then a long after reaching D point NSE:HDFCBANK is an important stock as it has the power to really move the Indian broad market index, NSE:NIFTY . Thus stock presents mixed signals.
Hi Traders, sell 1191 HDFCBANK - GO SHORT @ 1150 WITH A SL OF 1233 AND A TARGET OF 832. Share Price, Corporate Actions, Valuation, Research Report, Financials and more - complete track record of HDFC Bank Ltd.. From Indias independent mutual fund research house
BULLISH SHARK HARMONICS PATTERN Market is in trending zone .
Resistance zone at 1150-1200 zone . This idea by onerighttrade team is only for study purpose and is not a trading call. Next target is 1120.
Bearish below 1090 Wave A 1046/1020 It also offers financial services.
*************** 1015 To 1020 with stop loss Of Rs.1000 . The Bank offers a range of banking services covering commercial and investment banking on the wholesale side and transactional/branch banking on the retail side. Buy: 1100-1105
Price Data sourced from NSE feed, price updates are near real-time, unless indicated.
The Other banking business segment includes income from para banking activities.
It currently stands at its strong support of 1138. But The presence of 200 day EMA just below zone builds a case of support for the stock as of now.
fast and furious fall can be seen below 983 levels to levels of 888,,777 The Bank provides its corporate and institutional clients a range of commercial and transactional banking products. Price is hovering around 200 DMA. Please trade at your own risk.
3. Selling momentum and volumes have reduced. On Hourly charts two Doji has been formed with long up wicks that indicates exhaustion. It also offers financial services. Do not chase the market.
With a strong Earnings reported over this weekend (double-digit growth), one of two possibilities emerge:
I feel bullish about the stock and have a long position. HDFC Bank would be the best investment of your all trades in past and this year at this time.
As mentioned in the chart, any move breaking the rejection zone can be an initiation trade.
1.
so go for short selling .And also it is showing hanging man candle. Strong...
Will it breakout ? Share Your views on the same
Please do like and share the idea in case you find it good and follow it for further updates on it.