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2022 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
27 Thu Jan 2503.35 2505.60 2514.00 2448.60 66 lakhs
25 Tue Jan 2530.60 2500.00 2540.70 2473.80 45.29 lakhs
24 Mon Jan 2539.80 2571.65 2601.80 2510.35 23.4 lakhs
21 Fri Jan 2592.95 2553.50 2605.35 2542.05 39.53 lakhs
20 Thu Jan 2569.30 2612.65 2630.00 2543.40 37.59 lakhs
HDFC chart

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 2478.1, for a target of 2562.3 or 2632.53

  • 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

  • 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 2539.50 as on 28 Fri Jan 11:25

Day open is at 2513.70, day high is at 2554.25, day low is at 2488.70, and day volume is at 331.5 lakhs so far.

First 15 minute high low range is 2488.70 - 2529.95

First hour high low range is 2488.70 - 2550.00

Date Intraday Price Open High Low Volume
28 Fri Jan 11:25 2539.50 2513.70 2554.25 2488.70 1992500
28 Fri Jan 11:20 2542.65 2513.70 2554.25 2488.70 1945118
28 Fri Jan 11:15 2547.70 2513.70 2554.25 2488.70 1891341
28 Fri Jan 11:10 2546.75 2513.70 2554.25 2488.70 1859124
28 Fri Jan 11:05 2552.05 2513.70 2554.25 2488.70 1810007
Intraday HDFC chart

Prices of Housing Development are surely coming down. Look for opportunities to sell in intraday.

Take a trade after 9:30am only.

Housing Development (HDFC) intraday stock price targets

  • EntEntry: 2509.33 or 2478.6375
  • Upside target: 2529.95
  • Downside target : 2447.45
  • Second Upside target: 2508.68
  • Second Downside target : 2443.28

Housing Development (HDFC) weekly technical analysis

Date Weekly Close Open Range Volume
27 Thu Jan 2503.35 2571.65 2448.60
2601.80
134.687 lakhs
21 Fri Jan 2592.95 2710.60 2542.05
2733.10
132.074 lakhs
14 Fri Jan 2712.45 2601.90 2601.90
2762.00
159.71 lakhs
07 Fri Jan 2596.70 2594.00 2585.00
2695.45
176.487 lakhs
31 Fri Dec 2586.45 2520.00 2509.45
2608.65
78.712 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Weekly 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 (HDFC) Monthly technical analysis

Date Monthly Close Open Range Volume
27 Thu Jan 2503.35 2594.00 2448.60
2762.00
602.958 lakhs
31 Fri Dec 2586.45 2712.80 2506.05
2877.75
560.114 lakhs
30 Tue Nov 2673.10 2873.00 2656.00
3021.10
699.279 lakhs
29 Fri Oct 2844.70 2738.60 2693.60
2948.00
527.289 lakhs
30 Thu Sep 2754.30 2790.00 2717.70
2875.85
567.574 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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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: 2776.95
  • Upside daily target: 2633.83
  • Downside daily target: 2502.2

Housing Development Weekly stock price targets

  • Upside weekly target: 2902.13
  • Upside weekly target: 2728.08
  • Upside weekly target: 2590.85
  • Downside weekly target: 2399.38

Housing Development Monthly stock price targets

  • Upside monthly target: 3023.55
  • Upside monthly target: 2858.58
  • Upside monthly target: 2711.9
  • Upside monthly target: 2555.33
  • Downside monthly target: 2370.93

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 gaining 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 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 BUY signal in short term and the buying is gaining 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 2587.15 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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