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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)

Showing technical analysis as on 2023-05-29 View latest technical analysis

10 day averaged volume of Hdfc Bank is 130872

Date	Daily Closing Price	Open	High	Low	Volume
29 Mon May 2023	1634.85	1625.05	1640.95	1625.05	0.605 times
26 Fri May 2023	1615.50	1616.10	1618.50	1602.00	1.138 times
25 Thu May 2023	1609.60	1616.00	1620.50	1597.55	0.809 times
24 Wed May 2023	1615.65	1633.95	1634.60	1614.10	0.996 times
23 Tue May 2023	1636.80	1647.70	1647.70	1634.05	0.748 times
22 Mon May 2023	1640.55	1644.70	1652.50	1632.95	1.169 times
19 Fri May 2023	1647.40	1645.35	1649.50	1632.00	1.202 times
18 Thu May 2023	1645.35	1650.00	1653.65	1640.20	1.126 times
17 Wed May 2023	1638.65	1647.10	1649.65	1625.40	0.63 times
16 Tue May 2023	1646.75	1673.70	1673.70	1644.10	1.27 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 1622.2 as stoploss in an intra day buy trade for a target of 1650.01. However, stock will show a bearish move below 1622.2.

Share price targets for Hdfc Bank (HdfcBank)

Target Type	Value
Downside Target	1532.30
Upside Target	1644.95
Upside Target	1652.50
Upside Target	1672.20
Upside Target	1681.00
Upside Target	1681.35
Upside Target	1702.00
Upside Target	1715.85
Upside Target	1733.95

Intraday share price targets for Hdfc Bank (HdfcBank)

Target Type	Value
Downside Intraday Target	1626.28
Downside Intraday Target	1617.72
Upside Intraday Target	1642.18
Upside Intraday Target	1649.52
Downside Intraday Target	1633.62

Weekly technical analysis of Hdfc Bank (HdfcBank)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Mon May 2023	1634.85	1625.05	1640.95	1625.05	0.124 times
26 Fri May 2023	1615.50	1644.70	1652.50	1597.55	0.945 times
19 Fri May 2023	1647.40	1674.00	1681.00	1625.40	0.579 times
12 Fri May 2023	1667.60	1635.00	1672.20	1630.00	0.862 times
05 Fri May 2023	1625.35	1688.25	1733.95	1622.00	1.19 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
29 Mon May 2023	1634.85	1688.25	1733.95	1597.55	1.216 times
28 Fri Apr 2023	1688.05	1604.30	1715.85	1602.55	1.025 times
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

Scroll below to view daily charts

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)

Price action analysis of Hdfc Bank ( (HdfcBank) ) based on a short 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 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 Weak and stock is losing momentum.

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

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 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 below 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 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 1633.92 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 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.