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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)

Hdfc Bank trades in NSE in Banks sector.

Showing technical analysis as on 2024-05-27 View latest technical analysis

10 day averaged volume of Hdfc Bank is 15212763

Date	Daily Closing Price	Open	High	Low	Volume
27 Mon May 2024	1527.70	1523.35	1545.00	1519.05	0.966 times
24 Fri May 2024	1517.20	1487.50	1519.90	1486.00	1.021 times
23 Thu May 2024	1492.60	1458.65	1495.65	1457.05	1.343 times
22 Wed May 2024	1459.20	1457.85	1465.60	1448.15	1.315 times
21 Tue May 2024	1458.80	1450.10	1469.70	1450.10	1.439 times
18 Sat May 2024	1466.05	1466.00	1467.10	1463.05	0.035 times
17 Fri May 2024	1464.10	1446.20	1468.00	1446.20	0.688 times
16 Thu May 2024	1460.25	1446.05	1462.55	1435.50	1.149 times
15 Wed May 2024	1438.50	1459.70	1459.70	1435.80	1.28 times
14 Tue May 2024	1460.95	1452.25	1465.50	1450.30	0.844 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1517.7, but if it comes below 1517.7, then a intra day sell could be more profitable.
If you take a sell trade below 1517.7, then use 1517.7 as stoploss and 1484.95 as target. However if you take a buy trade in stock , then use 1517.7 as stoploss and 1557 as target.

Share price targets for Hdfc Bank (HDFCBANK)

Target Type	Value
Downside Target	1363.55
Downside Target	1506.55
Downside Target	1519.05
Downside Target	1519.90
Upside Target	1534.50
Upside Target	1540.60
Upside Target	1545.00
Upside Target	1557.40
Upside Target	1709.15

Intraday share price targets for Hdfc Bank (HDFCBANK)

Target Type	Value
Downside Intraday Target	1516.17
Downside Intraday Target	1504.63
Upside Intraday Target	1542.12
Upside Intraday Target	1556.53
Upside Intraday Target	1530.58

Weekly technical analysis of Hdfc Bank (HDFCBANK)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Mon May 2024	1527.70	1523.35	1545.00	1519.05	0.189 times
24 Fri May 2024	1517.20	1450.10	1519.90	1448.15	1.048 times
18 Sat May 2024	1466.05	1432.00	1468.00	1430.30	0.861 times
10 Fri May 2024	1437.90	1522.00	1534.50	1426.80	1.122 times
03 Fri May 2024	1519.60	1515.00	1540.60	1506.55	1.012 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
27 Mon May 2024	1527.70	1522.00	1545.00	1426.80	0.789 times
30 Tue Apr 2024	1520.10	1458.00	1557.40	1455.60	0.781 times
28 Thu Mar 2024	1447.90	1400.00	1471.60	1400.00	0.981 times
29 Thu Feb 2024	1403.40	1465.05	1480.85	1363.55	0.774 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)

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 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 BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Hdfc Bank in short term and the buy 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green 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 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 1474.03 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.