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(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 510267

Date Daily Closing Price Open High Low Volume
16 Thu May 2024 1460.15 1442.55 1462.00 1436.00 0.899 times
15 Wed May 2024 1438.85 1459.60 1459.60 1436.00 1.041 times
14 Tue May 2024 1461.80 1450.65 1465.30 1450.15 0.689 times
13 Mon May 2024 1455.80 1432.90 1460.45 1430.15 1.826 times
10 Fri May 2024 1437.60 1441.00 1452.15 1432.00 1.634 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1463.1, but if it comes above 1463.1, then a intra day buy could be more profitable.
If you take a sell trade below 1463.1, then use 1463.1 as stoploss and 1425.4 as target. However if you take a buy trade in stock , then use 1463.1 as stoploss and 1494.41 as target.

Share price targets for Hdfc Bank (HdfcBank)

Target Type Value
Downside Target 1363.45
Downside Target 1430.15
Upside Target 1503.10
Upside Target 1506.50
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 1438.43
Downside Intraday Target 1416.72
Upside Intraday Target 1473.58
Upside Intraday Target 1487.02
Downside Intraday Target 1451.87

Weekly technical analysis of Hdfc Bank (HdfcBank)

Date Weekly Closing Price Open High Low Volume
16 Thu May 2024 1460.15 1432.90 1465.30 1430.15 1.075 times
10 Fri May 2024 1437.60 1520.05 1534.50 1432.00 1.339 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

Price has moved up 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
16 Thu May 2024 1460.15 1520.45 1540.00 1430.15 0.431 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 13, 30, 40 Sell
MACD -16, -5Sell
Stochastics 21Sell
CCI -52Buy
RSI 49Sell
OBV -2323697Sell
VWAP 1470Sell
ADL 0Sell
ROC -5Sell
Force Index 0Sell

Price action analysis of Hdfc Bank ( (HdfcBank) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Hdfc Bank ( (HdfcBank) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Hdfc Bank ( (HdfcBank) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 Strong and stock is losing momentum.

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

Hdfc Bank Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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

CCI has generated a buy signal for Hdfc Bank in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1469.96 and Hdfc Bank (HdfcBank) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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 negative.

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

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