HDFC BANK Analysis - Continuous, Just as the Markets !

16 thg 1, 2024

This is a Thread, so Follow for Technical Analysis performed with TrapZone Pro & UMVD Indicators.

* Trend is Based on TrapZone Color
* Bar Colors give us Momentum Green from strong Up Moves. Red Bars point to strong Down Moves.
* Red UMVD = Selling Pressure & Green UMVD = Buying Pressure. Purple is for Divergence = Battle of Supply & Demand

--------------------

1-16-2024
GREEN TrapZone with GREEN UMVD. UP swing, price may come back into the Green TrapZone

16 thg 1, 2024

Ghi chú

1 second Renko setting

16 thg 1, 2024

Ghi chú

Hourly Chart
BIG GREEN TrapZone with RED UMVD at the moment.
Price is at a Class A entry but RED UMVD. so It could be a BULL Trap. But keep an eye on the UMVD for this timeframe.

16 thg 1, 2024

Ghi chú

Daily for reference,
RED TrapZone & GREEN BARS+UMVD
Conflicting signals so not expecting any home runs. Small size is the key !

17 thg 1, 2024

Ghi chú

Intraday - Its all RED.

19 thg 1, 2024

Ghi chú

Divergence building up after a little guying under a RED TrapZone. If we get RED again, we may see lower prices.

22 thg 1, 2024

Ghi chú

Divergence building up. Lets see if a BULL Trap shows up ?

23 thg 1, 2024

Ghi chú

RED TrapZone = Strong DownTrend. Little GREEN UMVD at the moment for little buying pressure.

24 thg 1, 2024

Ghi chú

GREEN UMVD pushed the prices higher, expecting a retrace and then a BULL TRAP soon.

25 thg 1, 2024

Ghi chú

RED TrapZone with RED UMVD started again

29 thg 1, 2024

Ghi chú

Hourly Check In - Prices going down fast with RED UMVD and RED TrapZone.
Prices bouncing around a KEY Level at the moment.

30 thg 1, 2024

Ghi chú

Latest Intraday

5 thg 2, 2024

Ghi chú

Side By Side Analysis - Buyers are Trapped and RED TrapZone started again on the short term Renko. If the TrapZone grows bigger WITH RED UMVD we may see another leg down.

9 thg 2, 2024

Ghi chú

Hope the Class A entry was a Breeze to take !

15 thg 2, 2024

Ghi chú

Retracing back to the Lower edge of a RED TrapZone.
Keep an eye on the UMVD for and BAR Colors

21 thg 2, 2024

Ghi chú

RED UMVD pulling the prices down now.

5 thg 3, 2024

Ghi chú

18 thg 3, 2024

Ghi chú

Hourly Technical Analysis Check In
Up Trend is definitely broken with Angle 1 breached. Angle 2 of the down trend is established now. watch for a retrace back to that angle 2 and back of that UP angle 1.