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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 2023-09-21 View latest technical analysis

10 day averaged volume of Hdfc Bank is 663600

Date	Daily Closing Price	Open	High	Low	Volume
21 Thu Sep 2023	1553.60	1560.00	1569.00	1538.05	1.863 times
20 Wed Sep 2023	1563.90	1599.00	1599.00	1560.60	2.897 times
18 Mon Sep 2023	1629.05	1655.00	1655.00	1626.20	0.557 times
15 Fri Sep 2023	1661.90	1645.60	1669.25	1645.60	0.634 times
14 Thu Sep 2023	1641.50	1644.00	1650.00	1635.10	1.378 times
13 Wed Sep 2023	1643.85	1634.00	1651.60	1629.40	0.289 times
12 Tue Sep 2023	1636.80	1641.00	1642.45	1624.00	0.976 times
11 Mon Sep 2023	1632.05	1633.95	1636.50	1624.50	0.587 times
08 Fri Sep 2023	1624.05	1609.00	1632.80	1607.35	1.23 times
07 Thu Sep 2023	1610.85	1596.95	1614.00	1587.30	0.835 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1567.7, but if it comes above 1567.7, then a intra day buy could be more profitable.
If you take a sell trade below 1567.7, then use 1567.7 as stoploss and 1529.7 as target. However if you take a buy trade in stock , then use 1567.7 as stoploss and 1599.39 as target.

Share price targets for Hdfc Bank (HdfcBank)

Target Type	Value
Downside Target	1538.05
Upside Target	1627.20
Upside Target	1632.80
Upside Target	1655.00
Upside Target	1666.45
Upside Target	1669.25
Upside Target	1708.60
Upside Target	1733.95
Upside Target	1757.80

Intraday share price targets for Hdfc Bank (HdfcBank)

Target Type	Value
Downside Intraday Target	1509.43
Downside Intraday Target	1465.27
Upside Intraday Target	1626.38
Upside Intraday Target	1699.17
Upside Intraday Target	1582.22

Weekly technical analysis of Hdfc Bank (HdfcBank)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Thu Sep 2023	1553.60	1655.00	1655.00	1538.05	1.376 times
15 Fri Sep 2023	1661.90	1633.95	1669.25	1624.00	1.11 times
08 Fri Sep 2023	1624.05	1583.00	1632.80	1571.05	0.46 times
01 Fri Sep 2023	1574.85	1560.00	1603.50	1559.35	2.146 times
25 Fri Aug 2023	1561.95	1595.05	1599.85	1557.70	1.346 times

Price has moved down 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
21 Thu Sep 2023	1553.60	1570.00	1669.25	1538.05	0.924 times
31 Thu Aug 2023	1571.95	1652.60	1666.45	1557.70	1.149 times
31 Mon Jul 2023	1651.10	1714.90	1757.80	1627.20	1.261 times
30 Fri Jun 2023	1701.75	1622.00	1708.60	1580.00	1.715 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 neutral. A longer time frame might give a better analysis.

Price action analysis of Hdfc Bank ( (HdfcBank) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Hdfc Bank ( (HdfcBank) ) based on a short to mid 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 mid to longer 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.

ADX buy sell signal for Hdfc Bank stock for short term is SELL. Signal strength is Strong and stock is gaining 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 getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Hdfc Bank in short term and SELL signal is strong!

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

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 1602.46 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.