BullFO

2021 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
16 Wed Jun 2521.45 2535.00 2545.00 2515.70 22.91 lakhs
15 Tue Jun 2545.10 2559.80 2559.80 2535.20 15.9 lakhs
14 Mon Jun 2539.20 2559.80 2559.80 2512.65 21.25 lakhs
11 Fri Jun 2559.80 2575.00 2594.30 2555.00 23.41 lakhs
10 Thu Jun 2561.90 2554.75 2567.85 2535.00 21.16 lakhs
HDFC chart

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 2513.5 as stoploss in an intra day buy trade for a target of 2548.17. However, stock will show a bearish move below 2513.5.

  • 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

  • Daily Price action analysis of HDFC based on a 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.

Intraday technical analysis of Housing Development

Stock is trading at 2491.80 as on 17 Thu Jun 11:10

Day open is at 2482.20, day high is at 2506.95, day low is at 2482.20, and day volume is at 145.46 lakhs so far.

First 15 minute high low range is 2482.20 - 2506.95

First hour high low range is 2482.20 - 2506.95

Date Intraday Price Open High Low Volume
17 Thu Jun 11:10 2491.80 2482.20 2506.95 2482.20 1015441
17 Thu Jun 11:05 2491.00 2482.20 2506.95 2482.20 991147
17 Thu Jun 11:00 2491.20 2482.20 2506.95 2482.20 953212
17 Thu Jun 10:55 2492.15 2482.20 2506.95 2482.20 935550
17 Thu Jun 10:50 2493.80 2482.20 2506.95 2482.20 874747
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: 2494.58 or 2524.4625
  • Upside target: 2506.95
  • Downside target : 2457.45
  • Second Upside target: 2533.23
  • Second Downside target : 2503.93

Housing Development (HDFC) weekly technical analysis

Date Weekly Close Open Range Volume
16 Wed Jun 2521.45 2559.80 2512.65
2559.80
60.062 lakhs
11 Fri Jun 2559.80 2635.00 2535.00
2635.40
125.107 lakhs
04 Fri Jun 2619.05 2527.55 2502.00
2626.00
179.032 lakhs
28 Fri May 2541.35 2515.00 2488.05
2580.35
238.046 lakhs
21 Fri May 2518.05 2454.00 2435.50
2527.00
145.919 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Weekly Price action analysis of Housing Development based on a short to mid term time period is

Housing Development (HDFC) Monthly technical analysis

Date Monthly Close Open Range Volume
16 Wed Jun 2521.45 2567.00 2512.65
2635.40
331.992 lakhs
31 Mon May 2552.85 2365.00 2354.00
2580.35
718.696 lakhs
30 Fri Apr 2420.10 2524.00 2373.00
2628.00
700.232 lakhs
31 Wed Mar 2498.10 2556.00 2431.10
2667.95
763.857 lakhs
26 Fri Feb 2539.40 2402.70 2391.85
2896.00
865.035 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Monthly Price action analysis of Housing Development 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.

Housing Development Daily stock price targets

  • Upside daily target: 2643.5
  • Downside daily target: 2503.93

Housing Development Weekly stock price targets

  • Upside weekly target: 2684.53
  • Upside weekly target: 2547.53
  • Downside weekly target: 2425.38
  • Downside weekly target: 2307.15

Housing Development Monthly stock price targets

  • Upside monthly target: 2969.78
  • Upside monthly target: 2745.5
  • Upside monthly target: 2583.03
  • Downside monthly target: 2455.68
  • Downside monthly target: 2269.05
  • Downside monthly target: 2086.13
  • Downside monthly target: 1960.36
  • Downside monthly target: 1836.78
  • Downside monthly target: 1717.51
  • Downside monthly target: 1551.03

Housing Development (HDFC) indicators technical analysis

Price action analysis of Housing Development (HDFC) 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

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

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

Housing Development 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 in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Housing Development 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

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 2565.62 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 positive

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

Related companies

Quick Charts: Daily Charts Long term Charts Weekly Charts Monthly Charts Renko Charts PNF Charts

chart HDFC