Login or Join
 Learn then Earn

(HdfcBank) Hdfc Bank complete technical analysis [charts+indicators] | Buy/Sell Hdfc Bank | (HdfcBank) share price targets

Complete technical analysis of Hdfc Bank (HdfcBank) by charts plus indicators, forecast predictions and share price targets for Hdfc Bank (HdfcBank)

10 day averaged volume of Hdfc Bank is 366325

Date Daily Closing Price Open High Low Volume
07 Tue May 2024 1506.40 1522.00 1524.05 1504.40 1.093 times
06 Mon May 2024 1522.80 1520.05 1534.50 1518.00 0.679 times
03 Fri May 2024 1518.65 1534.40 1540.00 1507.25 1.954 times
02 Thu May 2024 1533.00 1520.45 1537.20 1520.05 0.542 times
30 Tue Apr 2024 1517.05 1530.00 1539.40 1514.40 0.679 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 1504.4 as stoploss in an intra day buy trade for a target of 1520.33. However, stock will show a bearish move below 1504.4.

Share price targets for Hdfc Bank (HdfcBank)

Target Type Value
Downside Target 1363.45
Downside Target 1456.10
Upside Target 1513.50
Upside Target 1534.50
Upside Target 1535.20
Upside Target 1540.00
Upside Target 1556.50
Upside Target 1557.70
Upside Target 1709.65

Intraday share price targets for Hdfc Bank (HdfcBank)

Target Type Value
Downside Intraday Target 1495.7
Downside Intraday Target 1485
Upside Intraday Target 1525.8
Upside Intraday Target 1545.2
Upside Intraday Target 1515.1

Weekly technical analysis of Hdfc Bank (HdfcBank)

Date Weekly Closing Price Open High Low Volume
07 Tue May 2024 1506.40 1520.05 1534.50 1504.40 0.411 times
03 Fri May 2024 1518.65 1514.00 1540.00 1506.50 0.587 times
26 Fri Apr 2024 1509.75 1550.35 1556.50 1503.10 1.146 times
19 Fri Apr 2024 1531.30 1500.00 1535.20 1480.55 1.259 times
12 Fri Apr 2024 1518.90 1557.70 1557.70 1513.50 0.394 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Hdfc Bank (HdfcBank)

Date Monthly Closing Price Open High Low Volume
07 Tue May 2024 1506.40 1520.45 1540.00 1504.40 0.127 times
30 Tue Apr 2024 1517.05 1459.00 1557.70 1456.10 0.866 times
28 Thu Mar 2024 1448.20 1402.20 1471.40 1400.20 0.845 times
29 Thu Feb 2024 1402.75 1472.65 1480.00 1363.45 0.593 times

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Hdfc Bank (HdfcBank)

Indicator Name Indicator Value Indicator Signal
ADX 17, 17, 2 Sell
MACD 19, 22Sell
Stochastics 32None
CCI -80Sell
RSI 56Buy
OBV -705632Sell
VWAP 1516Sell
ADL 0Sell
ROC -0Sell
Force Index 0Sell

Price action analysis of Hdfc Bank ( (HdfcBank) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Hdfc Bank ( (HdfcBank) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Hdfc Bank ( (HdfcBank) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Hdfc Bank ( (HdfcBank) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Hdfc Bank stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Hdfc Bank in short term but the sell signal is initial and weak.

Hdfc Bank Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Hdfc Bank in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Hdfc Bank is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1515.7 and Hdfc Bank (HdfcBank) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

People seem to be coming out and selling the Hdfc Bank (HdfcBank) stock. Volume based technical analysis of Hdfc Bank (HdfcBank) stock is negative.

Hdfc Bank Stock has given negative returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Click here for Hdfc Bank charts

Click here for further forecast and predictions for tomorrow

 Learn then Earn
Back to top | Use Dark Theme