Overall Technical outlook

Price Summary

HDFC Bank Limited's stock saw a -2.12% dip, showcasing an poor market day.
On 2026-04-09, HDFC Bank Limited's stock opened at 815.0, reached a high of 819.0, dropped to a low of 793.1, and closed lower -2.12% at 797.7, with a trading volume of 48875658 shares.
The stock's highest value over the last 52 weeks is 2025.8, and the lowest value is 0.0.
The price projection is between 1022.0 and 1500.0, with an average expected price around 1156.3684, according to 38 analysts.

Technicals


Aroon: The current reading of the AROON indicator suggests a neutral stance, with no clear signals indicating an upward or downward direction. This lack of directional bias suggests the market may be in a period of consolidation or uncertainty.
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Aroon chart for HDFC Bank Limited


Bol. Bands: The current reading of the BOLL BANDS is neutral for HDFCBANK, with no clear signals for an upward or downward trend. This indicates that the market may be in a state of uncertainty, with no dominant force driving the direction.
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Bolinger Bands chart for HDFC Bank Limited


Parabolic SAR: The PSAR continues to be bullish for HDFCBANK, setting a strong support level that could sustain the ongoing upward trend. This level of support indicates that the market is likely to continue its positive trajectory, offering a base for continued bullish movement.
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Parabolic Stop and Reverse chart for HDFC Bank Limited


Stochastic: The current state of the STOCHASTIC is neutral for HDFCBANK, providing no clear indication of a trend in either direction. This suggests that the market may be lacking momentum, making it difficult to predict future movements.
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Stochastic chart for HDFC Bank Limited


Tripple Moving Agerage: The moving averages for the 20-50-100 periods are aligned for a bullish trend, but the slopes of the faster averages indicate that this strength may be short-lived. The weakening momentum in the shorter-term averages suggests that a reversal could be approaching, signaling a potential shift in the trend.
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Tripple SMA chart for HDFC Bank Limited


To accurately interpret a company's technical data, it is important to first examine its fundamentals. These include financial performance, management quality, and growth prospects. In addition, understanding the dynamics of the industry in which the company operates—such as competition, market trends, and regulatory factors—provides further insights. This combined analysis helps create a fuller picture, allowing for more precise conclusions to be drawn from the company's technical performance and stock behavior.