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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 2023-06-08 View latest technical analysis

10 day averaged volume of Hdfc Bank is 140939

Date Daily Closing Price Open High Low Volume
08 Thu Jun 2023 1608.90 1605.00 1625.85 1604.00 1.918 times
07 Wed Jun 2023 1607.75 1601.30 1611.65 1596.60 1.266 times
06 Tue Jun 2023 1600.30 1604.20 1608.60 1592.40 1.372 times
05 Mon Jun 2023 1604.50 1617.00 1617.00 1602.25 0.484 times
02 Fri Jun 2023 1606.15 1609.05 1615.50 1601.25 1.222 times
01 Thu Jun 2023 1604.10 1622.00 1622.00 1600.40 1.331 times
31 Wed May 2023 1611.35 1633.80 1634.40 1605.00 1.419 times
30 Tue May 2023 1637.05 1633.00 1642.00 1628.15 0.536 times
29 Mon May 2023 1634.85 1625.05 1640.95 1625.05 0.562 times
26 Fri May 2023 1615.50 1616.10 1618.50 1602.00 1.057 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 1606 as stoploss in an intra day buy trade for a target of 1627.75. However, stock will show a bearish move below 1606.

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 1592.25
Downside Intraday Target 1575.6
Upside Intraday Target 1625.7
Upside Intraday Target 1642.5
Upside Intraday Target 1609.05

Weekly technical analysis of Hdfc Bank (HdfcBank)

Date Weekly Closing Price Open High Low Volume
08 Thu Jun 2023 1608.90 1617.00 1625.85 1592.40 0.994 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
08 Thu Jun 2023 1608.90 1622.00 1625.85 1592.40 0.256 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 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 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 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 and selling is picking up 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 1610.24 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.

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 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 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 and selling is picking up 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 1610.24 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

Daily charts

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