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2020 Housing Development (HDFC) technical analysis [forecast] stock price targets

Housing Development technical analysis & forecast stock price targets, Daily, Weekly, Monthly technical analysis

Housing Development deals in Housing Finance Housing Development option chain analysis

Date Close Open High Low Volume
25 Fri Sep 1652.00 1651.95 1657.80 1628.10 40.47 lakhs
24 Thu Sep 1636.85 1646.80 1654.15 1623.00 56.74 lakhs
23 Wed Sep 1667.10 1694.00 1696.65 1650.40 48.04 lakhs
22 Tue Sep 1674.85 1716.25 1716.25 1672.00 36.16 lakhs
21 Mon Sep 1708.15 1722.80 1738.75 1701.85 31.75 lakhs
HDFC chart

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1693.4, but if it comes above 1693.4, then a intra day buy could be more profitable.
If you take a sell trade below 1693.4, then use 1693.4 as stoploss and 1623.2 as target. However if you take a buy trade in stock , then use 1693.4 as stoploss and 1751.82 as target.

  • Daily Price action analysis of HDFC 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.

  • Daily Price action analysis of HDFC 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.

  • Daily Price action analysis of HDFC based on a 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.

Intraday technical analysis of Housing Development

Stock is trading at 1652.00 as on 25 Fri Sep 15:33

Day open is at 1651.95, day high is at 1657.80, day low is at 1628.10, and day volume is at 1562.49 lakhs so far.

First 15 minute high low range is 1642.00 - 1654.70

First hour high low range is 1633.60 - 1654.70

Date Intraday Price Open High Low Volume
25 Fri Sep 15:33 1652.00 1651.95 1657.80 1628.10 4046010
25 Fri Sep 15:30 1652.75 1651.95 1657.80 1628.10 4046010
25 Fri Sep 15:25 1652.00 1651.95 1657.80 1628.10 3931892
25 Fri Sep 15:20 1651.35 1651.95 1657.80 1628.10 3745787
25 Fri Sep 15:15 1651.90 1651.95 1657.80 1628.10 3542449
Intraday HDFC chart

Trend of Housing Development is not defined as of yet. Wait for entry and exit levels given below.

Take a trade after 9:30am only.

Housing Development (HDFC) intraday stock price targets

  • EntEntry: 1648.35 or 1648.925
  • Upside target: 1654.7
  • Downside target : 1629.3
  • Second Upside target: 1669.75
  • Second Downside target : 1640.05

Housing Development (HDFC) weekly technical analysis

Date Weekly Close Open Range Volume
25 Fri Sep 1652.00 1722.80 1623.00
1738.75
213.144 lakhs
18 Fri Sep 1724.00 1781.00 1708.30
1796.85
186.48 lakhs
11 Fri Sep 1768.15 1773.00 1755.00
1801.45
145.172 lakhs
04 Fri Sep 1769.70 1898.50 1761.80
1921.90
231.981 lakhs
28 Fri Aug 1883.25 1814.95 1803.60
1889.00
232.022 lakhs
weekly HDFC chart

Weekly forecast of Housing Development is negative. Sellers dominated the stock this week, and might continue to dominate in coming days too.

Weekly Price action analysis of Housing Development 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.

Weekly Price action analysis of Housing Development based on a short to mid 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

Housing Development (HDFC) Monthly technical analysis

Date Monthly Close Open Range Volume
25 Fri Sep 1652.00 1858.00 1623.00
1884.00
700.73 lakhs
31 Mon Aug 1832.60 1781.00 1730.10
1921.90
949.716 lakhs
31 Fri Jul 1781.95 1764.00 1750.00
1947.90
1159.751 lakhs
30 Tue Jun 1754.65 1706.60 1701.30
1874.20
1470.902 lakhs
29 Fri May 1658.90 1856.00 1486.00
1856.00
1517.76 lakhs
monthly HDFC chart

Monthly forecast of Housing Development is negative. Sellers dominated the stock this month, and might continue to dominate in coming days too.

Monthly Price action analysis of Housing Development based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Monthly Price action analysis of Housing Development 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.

Housing Development Daily stock price targets

  • Upside daily target: 1787.05
  • Upside daily target: 1698.98
  • Downside daily target: 1614.35

Housing Development Weekly stock price targets

  • Upside weekly target: 1928.83
  • Upside weekly target: 1819.98
  • Upside weekly target: 1713.2
  • Downside weekly target: 1579.63

Housing Development Monthly stock price targets

  • Upside monthly target: 2542.35
  • Upside monthly target: 2414.18
  • Upside monthly target: 2246.84
  • Upside monthly target: 2006.68
  • Upside monthly target: 1900.88
  • Upside monthly target: 1801.09
  • Upside monthly target: 1707.09
  • Downside monthly target: 1621.73
  • Downside monthly target: 1507
  • Downside monthly target: 1387.45
  • Downside monthly target: 1165.83

Housing Development (HDFC) indicators technical analysis

Price action analysis of Housing Development (HDFC) 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.

ADX buy sell signal for Housing Development stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Housing Development in short term and the sell signal is strong.

Housing Development 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 in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Housing Development in short term but BUY signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Housing Development is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1700.45 and Housing Development HDFC 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 Housing Development HDFC stock. Volume based technical analysis of Housing Development HDFC stock is negative.

Housing Development 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.

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chart HDFC