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HDFC

Discussion in 'Technical Analysis' started by hirenrachh, Mar 11, 2014.

  1. hirenrachh

    hirenrachh Member

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    For expert openion.pl..can hdfc bank be considerd completed a w chart pattern on EOD chart? Can buy with sl 700....what can be the possible target?
     
    hirenrachh, Mar 11, 2014
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  2. madhusudhanps

    madhusudhanps Member

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    Dear Hiren. Please post only queries related to same script under same thread.
    Shabbir please move this two posts under HDFC thread.

    Hiren. Regarding your query. Yes multiple resistance lines break out.
    Can buy now but SL should be strictly 720-730. As once market turns down, this will also turn down.
     

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    madhusudhanps, Mar 11, 2014
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  3. shabbir

    shabbir Administrator Staff Member

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    Moved.
     
    shabbir, Mar 12, 2014
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  4. hirenrachh

    hirenrachh Member

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    Dear shabbir

    Can buy hdfc at cmp 1067..? Sl 946
     
    hirenrachh, Jul 26, 2014
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  5. shwetagnema

    shwetagnema Active Member

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    I also thought so...but SL seems to be too low.....even I also would like to know your advice.
     
    shwetagnema, Jul 26, 2014
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  6. hirenrachh

    hirenrachh Member

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    I also think the same....sl is too low...
    Dabur can be a better trade......
    What do i think shabbir?

    Regards
    Hiren
     
    hirenrachh, Jul 26, 2014
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  7. shabbir

    shabbir Administrator Staff Member

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    ROI not very favorable but rest looks all ok.
     
    shabbir, Jul 26, 2014
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  8. yankeedin

    yankeedin Responder

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    Agreed, sl of 960 is low, but if risk is to be taken, 1023 should be strict sl
     
    yankeedin, Jul 27, 2014
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  9. yankeedin

    yankeedin Responder

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    hdfc has corrected last 6 sessions except today.

    for very short term, it can be entered above 1065 only with strict sl of 1040 target of 1100,1150
     
    yankeedin, Aug 25, 2014
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  10. shabbir

    shabbir Administrator Staff Member

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    Correction for 6 sessions? I don't see it.
     
    shabbir, Aug 26, 2014
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  11. yankeedin

    yankeedin Responder

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    kindly find the attached file
     

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    yankeedin, Aug 26, 2014
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  12. shabbir

    shabbir Administrator Staff Member

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    I was looking at different chart. My Bad.

    I would not jump into this stock right today but will wait for couple of sessions to see if it holds the support 1020 and 1040 and if it does and in the uptrend can look for entry levels.
     
    shabbir, Aug 26, 2014
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  13. yankeedin

    yankeedin Responder

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    Breakout above 1150, can be bought with sl of 1100, target 1210
     
    yankeedin, Nov 30, 2014
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  14. shabbir

    shabbir Administrator Staff Member

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    Spot on.
     
    shabbir, Dec 1, 2014
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