ilmscore | What's wrong with HDFC Bank? | CA Rachana Ranade

What's wrong with HDFC Bank? | CA Rachana Ranade

Published: 2024-01-18
Status: Analyzed

Predictions from this Video

Total: 8
Correct: 7
Incorrect: 1
Pending: 0
Prediction
Topic
Status
HDFC Bank is applying for a banking license in Singapore as part of its international growth strategy.
"HDFC Bank is seeking a Singapore Bank license to grow overseas."
HDFCBANK.NS
Correct
Key support levels for HDFC Bank are identified at 1458 (weekly pivot) and 1462 (previous low from October 2023).
"Support two is at 1458... the immediate previous low when was this October 23... this is the level of 1462"
HDFCBANK.NS
Incorrect
Reliance Industries is showing a potential cup and handle pattern on its chart, suggesting a possible upward breakout after a retest.
"This is 22 came down saw one more resistance came down break out May see a retest and then again breakout. I may say it's kind of a cup and handle pattern as well"
RELIANCE.NS
Correct
A bullish engulfing candlestick pattern has formed on Suzlon Energy's chart, suggesting potential upward movement.
"this is not a morning start per se but yes kind of a bullish engulfing"
SUZLON.NS
Correct
TVS Motor Company is showing strength, with a resistance level at 800 and a recent upward move after taking support, including a 1.68% increase on the current day.
"R1 is at 800... it has really gone off like anything and you can see here it has taken a support and has again gone up today also it was up I think by one 1.68%"
TVSMOTOR.NS
Correct
Key levels to watch for Nifty are 21,200 and 20,750.
"2,238 you can round it off to 21,200 important level second super important level will be around 20,750"
Nifty
Correct
The Supertrend indicator for Nifty has turned red, indicating a bearish short-term outlook.
"super Trend today has gone in red"
Nifty
Correct
The 50-day moving average (50 DMA) for Nifty is at 21,000, which is expected to act as a support level.
"50 Dema is at 21,000"
Nifty
Correct