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(HDB) Hdfc Bank complete technical analysis [charts+indicators] | Buy/Sell Hdfc Bank | (HDB) share price targets

Complete technical analysis of Hdfc Bank (HDB) by charts plus indicators, forecast predictions and share price targets for Hdfc Bank (HDB)

Hdfc Bank trades in USA in Finance sector.

Showing technical analysis as on 2024-05-31 View latest technical analysis

10 day averaged volume of Hdfc Bank is 1880595

Date	Daily Closing Price	Open	High	Low	Volume
31 Fri May 2024	57.89	57.63	57.97	57.29	1.955 times
30 Thu May 2024	57.22	57.10	57.40	56.46	1.914 times
29 Wed May 2024	57.00	56.92	57.09	56.85	0.826 times
28 Tue May 2024	57.77	58.06	58.45	57.75	1.124 times
24 Fri May 2024	58.00	57.56	58.26	57.28	1.465 times
23 Thu May 2024	56.77	57.20	57.33	56.74	1.158 times
22 Wed May 2024	56.15	56.24	56.35	56.03	0.468 times
21 Tue May 2024	56.17	56.06	56.46	55.96	1.101 times
20 Mon May 2024	56.51	56.82	57.03	56.38	0.434 times
17 Fri May 2024	56.78	56.18	56.87	56.15	0.908 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 57.6, but if it comes below 57.6, then a intra day sell could be more profitable.
If you take a sell trade below 57.6, then use 57.6 as stoploss and 56.7 as target. However if you take a buy trade in stock , then use 57.6 as stoploss and 58.7 as target.

Share price targets for Hdfc Bank (HDB)

Target Type	Value
Downside Target	52.16
Downside Target	53.47
Downside Target	57.39
Downside Target	57.40
Upside Target	58.26
Upside Target	58.45
Upside Target	58.72
Upside Target	59.22
Upside Target	60.83
Upside Target	67.14

Intraday share price targets for Hdfc Bank (HDB)

Target Type	Value
Downside Intraday Target	56.75
Downside Intraday Target	55.61
Upside Intraday Target	58.74
Upside Intraday Target	59.59
Downside Intraday Target	57.6

Weekly technical analysis of Hdfc Bank (HDB)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Fri May 2024	57.89	58.06	58.45	56.46	1.258 times
24 Fri May 2024	58.00	56.82	58.26	55.96	1.084 times
17 Fri May 2024	56.78	56.10	56.87	54.99	0.576 times
10 Fri May 2024	55.50	58.50	58.72	55.09	1.21 times
03 Fri May 2024	58.51	58.52	59.22	57.39	1.013 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Hdfc Bank (HDB)

Date	Monthly Closing Price	Open	High	Low	Volume
31 Fri May 2024	57.89	57.82	59.22	54.99	0.771 times
30 Tue Apr 2024	57.60	56.09	60.83	55.64	1.271 times
28 Thu Mar 2024	55.97	54.84	57.14	54.07	0.689 times
29 Thu Feb 2024	53.50	55.83	57.40	52.16	0.694 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 (HDB)

Price action analysis of Hdfc Bank ( (HDB) ) 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 ( (HDB) ) 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.

Price action analysis of Hdfc Bank ( (HDB) ) 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 ( (HDB) ) 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 gaining 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears 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 and BUY 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

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 57.22 and Hdfc Bank (HDB) 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 (HDB) stock. Volume based technical analysis of Hdfc Bank (HDB) 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.