(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 115245
| Date | Daily Closing Price | Open | High | Low | Volume |
| 31 Fri Mar 2023 | 1609.75 | 1588.40 | 1612.85 | 1588.40 | 2.264 times |
| 29 Wed Mar 2023 | 1588.40 | 1576.60 | 1602.00 | 1576.60 | 0.699 times |
| 28 Tue Mar 2023 | 1580.15 | 1566.00 | 1582.35 | 1565.00 | 0.889 times |
| 27 Mon Mar 2023 | 1565.45 | 1560.10 | 1579.40 | 1559.00 | 1.119 times |
| 24 Fri Mar 2023 | 1561.75 | 1562.00 | 1573.55 | 1554.70 | 0.701 times |
| 23 Thu Mar 2023 | 1562.65 | 1569.90 | 1590.00 | 1559.70 | 0.808 times |
| 22 Wed Mar 2023 | 1575.30 | 1581.35 | 1585.55 | 1566.15 | 0.496 times |
| 21 Tue Mar 2023 | 1579.40 | 1574.00 | 1582.10 | 1556.55 | 0.919 times |
| 20 Mon Mar 2023 | 1561.10 | 1568.00 | 1568.00 | 1545.15 | 0.775 times |
| 17 Fri Mar 2023 | 1572.55 | 1560.00 | 1578.65 | 1540.45 | 0.722 times |
Stock of Hdfc Bank (HdfcBank) has showed a significant upmove. This could be a good time to enter in this stock!
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1608.9, but if it comes below 1608.9, then a intra day sell could be more profitable.
If you take a sell trade below 1608.9, then use 1608.9 as stoploss and 1582.97 as target. However if you take a buy trade in stock , then use 1608.9 as stoploss and 1640.1 as target.
Share price targets for Hdfc Bank (HdfcBank)
| Target Type | Value |
| Downside Target | 1490.00 |
| Downside Target | 1532.30 |
| Downside Target | 1603.70 |
| Upside Target | 1612.85 |
| Upside Target | 1619.45 |
| Upside Target | 1642.00 |
| Upside Target | 1644.95 |
| Upside Target | 1669.85 |
| Upside Target | 1681.35 |
| Upside Target | 1702.00 |
Intraday share price targets for Hdfc Bank (HdfcBank)
| Target Type | Value |
| Downside Intraday Target | 1574.88 |
| Downside Intraday Target | 1540.02 |
| Upside Intraday Target | 1628.73 |
| Upside Intraday Target | 1647.72 |
| Downside Intraday Target | 1593.87 |
Weekly technical analysis of Hdfc Bank (HdfcBank)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 31 Fri Mar 2023 | 1609.75 | 1560.10 | 1612.85 | 1559.00 | 1.344 times |
| 24 Fri Mar 2023 | 1561.75 | 1568.00 | 1590.00 | 1545.15 | 0.426 times |
| 17 Fri Mar 2023 | 1572.55 | 1583.10 | 1603.70 | 1532.30 | 1.272 times |
| 10 Fri Mar 2023 | 1588.65 | 1618.00 | 1644.95 | 1585.00 | 1.709 times |
| 03 Fri Mar 2023 | 1615.55 | 1585.00 | 1619.45 | 1577.15 | 0.857 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 |
| 31 Fri Mar 2023 | 1609.75 | 1606.50 | 1644.95 | 1532.30 | 1.49 times |
| 28 Tue Feb 2023 | 1601.25 | 1616.25 | 1681.35 | 1577.15 | 0.532 times |
| 31 Tue Jan 2023 | 1603.45 | 1622.05 | 1702.00 | 1560.05 | 0.335 times |
| 30 Fri Dec 2022 | 1627.30 | 1618.00 | 1669.85 | 1583.00 | 1.255 times |
Scroll below to view daily charts
Price has moved up 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 | 24, 16, 20 | Buy |
| MACD | -16, -22 | Buy |
| Stochastics | 86 | Buy |
| CCI | 206 | Buy |
| RSI | 49 | Sell |
| OBV | 385135 | Sell |
| VWAP | 1581 | Buy |
| ADL | 0 | Sell |
| ROC | 4 | Buy |
| Force Index | 0 | Sell |
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 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 short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Hdfc Bank ( (HdfcBank) ) based on a mid to longer 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.
ADX buy sell signal for Hdfc Bank stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Hdfc Bank in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Hdfc Bank Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls 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 moving up
CCI has generated a buy signal for Hdfc Bank in short term and BUY signal is strong.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL 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 1580.78 and Hdfc Bank (HdfcBank) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 is giving positive 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.
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