Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2023-06-07 View latest technical analysis

10 day averaged volume of Hdfc Bank is 136135

Date	Daily Closing Price	Open	High	Low	Volume
07 Wed Jun 2023	1607.75	1601.30	1611.65	1596.60	1.31 times
06 Tue Jun 2023	1600.30	1604.20	1608.60	1592.40	1.421 times
05 Mon Jun 2023	1604.50	1617.00	1617.00	1602.25	0.501 times
02 Fri Jun 2023	1606.15	1609.05	1615.50	1601.25	1.265 times
01 Thu Jun 2023	1604.10	1622.00	1622.00	1600.40	1.378 times
31 Wed May 2023	1611.35	1633.80	1634.40	1605.00	1.469 times
30 Tue May 2023	1637.05	1633.00	1642.00	1628.15	0.555 times
29 Mon May 2023	1634.85	1625.05	1640.95	1625.05	0.582 times
26 Fri May 2023	1615.50	1616.10	1618.50	1602.00	1.094 times
25 Thu May 2023	1609.60	1616.00	1620.50	1597.55	0.778 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1608, but if it comes above 1608, then a intra day buy could be more profitable.
If you take a sell trade below 1608, then use 1608 as stoploss and 1581.6 as target. However if you take a buy trade in stock , then use 1608 as stoploss and 1629.99 as target.

Share price targets for Hdfc Bank (HdfcBank)

Target Type	Value
Downside Target	1532.30
Downside Target	1577.15
Upside Target	1630.00
Upside Target	1642.00
Upside Target	1644.95
Upside Target	1652.50
Upside Target	1672.20
Upside Target	1681.00
Upside Target	1681.35
Upside Target	1715.85
Upside Target	1733.95

Intraday share price targets for Hdfc Bank (HdfcBank)

Target Type	Value
Downside Intraday Target	1594.43
Downside Intraday Target	1581.12
Upside Intraday Target	1619.03
Upside Intraday Target	1630.32
Downside Intraday Target	1605.72

Weekly technical analysis of Hdfc Bank (HdfcBank)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Wed Jun 2023	1607.75	1617.00	1617.00	1592.40	0.616 times
02 Fri Jun 2023	1606.15	1625.05	1642.00	1600.40	1.124 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

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
07 Wed Jun 2023	1607.75	1622.00	1622.00	1592.40	0.192 times
31 Wed May 2023	1611.35	1688.25	1733.95	1597.55	1.302 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

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 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 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 and selling is picking up 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 1610.45 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.