Hdfc bank
1460 gap resistance
Exit there https://t.co/J1I9KvRwIX
HDFCBANK pic.twitter.com/dsqm3ALgrT
— Pramod Sharma\U0001f549\ufe0f\U0001f1ee\U0001f1f3 (@itspramods) April 27, 2022
More from Pramod Sharma🕉️🇮🇳
Conditions
rsi >50
RSI avove ma60
Price above ema 60
It is for indicators lovers.. i see rarely but as per my experience enough setup if one is follow with descipline
rsi >50
RSI avove ma60
Price above ema 60
ITC
— Pramod Sharma\U0001f549\ufe0f\U0001f1ee\U0001f1f3 (@itspramods) March 29, 2022
Try this combo RSI 60 period on 60 min chart
Backtest and tell me result.
Rsi/ma crossover abovev50 level pic.twitter.com/In3xrgWQz0
It is for indicators lovers.. i see rarely but as per my experience enough setup if one is follow with descipline
More from Hdfcbank
#HDFCBANK ~A Thread 🧵
Let's look at the Multi-TF Technical aspect~
In weekly; Price marked by converging trend lines.
Representing consolidation prior to continuing in the direction of existing trend.
Sustenance above 1531 and a break-through at 1579.35 would trigger 1640+
+
In daily; it's showing a counter-trend move that has followed after a sharp price movement.
Rejection level at 1579.35 which needs to be breached for extended upside.
Both Weekly and daily charts are indicating the resumption of the prior trend.
+
It has been on my radar since August series and I have been watching out for these levels to be neatly breached for a bullish move.
The news is also favorable for #HDFCBANK.
In their last commentary, Bank said~ the transportation finance disbursements are 110% of May numbers.
July was 40% higher than the month of June and August was twenty 25% higher than July.
+
Bank is very upbeat about it's growth in rural and semi-rural areas.
Right now they are active in total of 1 Lac villages.
Within two years they aim to expand it to 2 Lac villages as it's going to be major part of their loan book.
+
Let's look at the Multi-TF Technical aspect~
In weekly; Price marked by converging trend lines.
Representing consolidation prior to continuing in the direction of existing trend.
Sustenance above 1531 and a break-through at 1579.35 would trigger 1640+
+
In daily; it's showing a counter-trend move that has followed after a sharp price movement.
Rejection level at 1579.35 which needs to be breached for extended upside.
Both Weekly and daily charts are indicating the resumption of the prior trend.
+
It has been on my radar since August series and I have been watching out for these levels to be neatly breached for a bullish move.
#HDFCBANK
— Gurleen (@GurleenKaur_19) August 10, 2021
The setup looks favorable above 1531 for target's of 1640+#StockMarket #StocksToWatch pic.twitter.com/jbQrbjuYHy
The news is also favorable for #HDFCBANK.
In their last commentary, Bank said~ the transportation finance disbursements are 110% of May numbers.
July was 40% higher than the month of June and August was twenty 25% higher than July.
+
Bank is very upbeat about it's growth in rural and semi-rural areas.
Right now they are active in total of 1 Lac villages.
Within two years they aim to expand it to 2 Lac villages as it's going to be major part of their loan book.
+