BullFO

2020 Hdfc Bank (HDFCBANK) technical analysis [forecast] stock price targets

Hdfc Bank technical analysis & forecast stock price targets, Daily, Weekly, Monthly technical analysis

Hdfc Bank deals in Banks Hdfc Bank option chain analysis

Date Close Open High Low Volume
28 Mon Sep 1054.20 1048.95 1059.00 1042.65 80.76 lakhs
25 Fri Sep 1044.00 1050.00 1051.95 1025.65 101.61 lakhs
24 Thu Sep 1030.40 1038.00 1047.00 1025.00 99.05 lakhs
23 Wed Sep 1047.25 1046.00 1055.00 1034.35 80.4 lakhs
22 Tue Sep 1035.40 1054.05 1058.15 1029.50 93.1 lakhs
HDFCBANK 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 1048.5 as stoploss in an intra day buy trade for a target of 1081.19. However, stock will show a bearish move below 1048.5.

  • Daily Price action analysis of HDFCBANK 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 HDFCBANK 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 HDFCBANK 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 Hdfc Bank

Stock is trading at 1056.10 as on 29 Tue Sep 12:55

Day open is at 1058.00, day high is at 1069.90, day low is at 1051.00, and day volume is at 960.14 lakhs so far.

First 15 minute high low range is 1058.00 - 1069.90

First hour high low range is 1056.50 - 1069.90

Date Intraday Price Open High Low Volume
29 Tue Sep 12:55 1056.10 1058.00 1069.90 1051.00 3634735
29 Tue Sep 12:50 1052.75 1058.00 1069.90 1051.00 3579961
29 Tue Sep 12:45 1055.70 1058.00 1069.90 1051.00 3459088
29 Tue Sep 12:40 1056.20 1058.00 1069.90 1051.00 3399713
29 Tue Sep 12:35 1055.85 1058.00 1069.90 1051.00 3320850
Intraday HDFCBANK chart

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

Take a trade after 9:30am only.

Hdfc Bank (HDFCBANK) intraday stock price targets

  • EntEntry: 1063.95 or 1053.7125
  • Upside target: 1069.9
  • Downside target : 1046.1
  • Second Upside target: 1064.78
  • Second Downside target : 1048.43

Hdfc Bank (HDFCBANK) weekly technical analysis

Date Weekly Close Open Range Volume
28 Mon Sep 1054.20 1048.95 1042.65
1059.00
80.762 lakhs
25 Fri Sep 1044.00 1055.00 1025.00
1071.35
473.374 lakhs
18 Fri Sep 1057.30 1088.00 1047.20
1096.00
493.339 lakhs
11 Fri Sep 1078.65 1116.30 1071.00
1119.50
419.765 lakhs
04 Fri Sep 1119.30 1129.50 1100.70
1148.80
653.179 lakhs
weekly HDFCBANK chart

Weekly forecast of Hdfc Bank is positive. Buyers dominated the stock this week, and this trend might continue for a few days

Weekly Price action analysis of Hdfc Bank 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 Hdfc Bank based on a short to mid 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.

Hdfc Bank (HDFCBANK) Monthly technical analysis

Date Monthly Close Open Range Volume
28 Mon Sep 1054.20 1128.00 1025.00
1145.95
1927.912 lakhs
31 Mon Aug 1115.85 1025.95 993.00
1148.80
2922.337 lakhs
31 Fri Jul 1032.80 1065.85 1020.05
1157.95
3527.888 lakhs
30 Tue Jun 1065.85 975.00 928.00
1082.60
4679.923 lakhs
29 Fri May 951.65 957.50 826.10
960.00
3832.003 lakhs
monthly HDFCBANK chart

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

Monthly Price action analysis of Hdfc Bank 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.

Monthly Price action analysis of Hdfc Bank 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.

Hdfc Bank Daily stock price targets

  • Upside daily target: 1108.65
  • Downside daily target: 1053.71

Hdfc Bank Weekly stock price targets

  • Upside weekly target: 1146.18
  • Upside weekly target: 1086.48
  • Downside weekly target: 1027.85

Hdfc Bank Monthly stock price targets

  • Upside monthly target: 1288.8
  • Upside monthly target: 1218.78
  • Upside monthly target: 1151.53
  • Upside monthly target: 1095.38
  • Downside monthly target: 1039.76
  • Downside monthly target: 979.13
  • Downside monthly target: 905.9
  • Downside monthly target: 821.93
  • Downside monthly target: 569.13

Hdfc Bank (HDFCBANK) indicators technical analysis

Price action analysis of Hdfc Bank (HDFCBANK) 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 Hdfc Bank stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Hdfc Bank in short term and the sell 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 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 Hdfc Bank in short term but BUY signal is weak.

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

Stock of Hdfc Bank is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1056.23 and Hdfc Bank HDFCBANK 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 Hdfc Bank HDFCBANK stock. Volume based technical analysis of Hdfc Bank HDFCBANK stock is negative.

Hdfc Bank 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 HDFCBANK