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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 2024-06-07 View latest technical analysis

10 day averaged volume of Hdfc Bank is 26078011

Date	Daily Closing Price	Open	High	Low	Volume
07 Fri Jun 2024	1573.35	1561.05	1584.35	1552.05	0.704 times
06 Thu Jun 2024	1559.70	1564.90	1565.45	1546.60	0.89 times
05 Wed Jun 2024	1551.80	1494.05	1559.60	1482.35	1.565 times
04 Tue Jun 2024	1483.15	1557.00	1559.00	1454.00	1.717 times
03 Mon Jun 2024	1572.20	1599.00	1599.00	1550.00	1.393 times
31 Fri May 2024	1531.55	1519.00	1536.00	1514.00	1.42 times
30 Thu May 2024	1514.85	1499.20	1523.60	1497.65	0.647 times
29 Wed May 2024	1508.30	1518.00	1523.85	1501.25	0.674 times
28 Tue May 2024	1530.50	1530.10	1536.05	1524.80	0.535 times
27 Mon May 2024	1527.70	1523.35	1545.00	1519.05	0.563 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1543.2, but if it comes below 1543.2, then a intra day sell could be more profitable.
If you take a sell trade below 1543.2, then use 1543.2 as stoploss and 1501.3 as target. However if you take a buy trade in stock , then use 1543.2 as stoploss and 1593.5 as target.

Share price targets for Hdfc Bank (HDFCBANK)

Target Type	Value
Downside Target	1363.55
Downside Target	1400.00
Downside Target	1480.85
Downside Target	1497.65
Downside Target	1519.90
Downside Target	1534.50
Downside Target	1545.00
Downside Target	1557.40
Upside Target	1599.00

Intraday share price targets for Hdfc Bank (HDFCBANK)

Target Type	Value
Downside Intraday Target	1485.23
Downside Intraday Target	1397.12
Upside Intraday Target	1630.23
Upside Intraday Target	1687.12
Downside Intraday Target	1542.12

Weekly technical analysis of Hdfc Bank (HDFCBANK)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Fri Jun 2024	1573.35	1599.00	1599.00	1454.00	1.632 times
31 Fri May 2024	1531.55	1523.35	1545.00	1497.65	1.286 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

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Hdfc Bank (HDFCBANK)

Date	Monthly Closing Price	Open	High	Low	Volume
07 Fri Jun 2024	1573.35	1599.00	1599.00	1454.00	0.44 times
31 Fri May 2024	1531.55	1522.00	1545.00	1426.80	1.025 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

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 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 buyers have become active on the stock recently. This cannot be a definite uptrend, 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 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 Weak and stock is losing 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 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 1534.57 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.