Overall Technical outlook

Price Summary

On 2026-02-02, HDFC Bank Limited's stock started at 915.0, soared to 929.8, dropped to 909.3, and finished the day 1.43% up at 928.1, with a trading volume of 28031172 shares.
Throughout the 52-week period, the stock hit a high of 2025.8 and a low of 916.1.
The projected price range for HDFC Bank Limited is between 1030.0 and 1460.0, with an expected mean price of 1157.4359, according to 39 analysts.

Technicals

Support and Resistance: The price of 928.1 is supported at 927.9 and faces resistance at 965.15. This range suggests key levels for HDFCBANK where the price may stabilize, with 927.9 acting as a support and 965.15 as a cap on gains.
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Support/Resistance for HDFCBANK


Aroon: The current state of the AROON is neutral, offering no clear signals of movement in either direction. This suggests a potential pause in market activity, with no strong trend emerging at the moment.
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Aroon chart for HDFC Bank Limited


Bol. Bands: The BOLL BANDS is in a neutral stance for HDFCBANK, not indicating a clear upward or downward trend. This suggests a period of market indecision, where neither bulls nor bears have the upper hand.
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Bolinger Bands chart for HDFC Bank Limited


Parabolic SAR: The PSAR for HDFCBANK continues to signal a bullish outlook, establishing a crucial support level that may help sustain the current upward momentum. This level of support suggests that the market is likely to continue trending higher, providing a foundation for ongoing bullish movement.
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Parabolic Stop and Reverse chart for HDFC Bank Limited


Stochastic: The current reading of the STOCHASTIC 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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Stochastic chart for HDFC Bank Limited


Tripple Moving Agerage: The 20-50-100 period moving averages are positioned for a bullish trend, but the slopes of the faster averages hint at a possible trend reversal. While the overall outlook remains positive, the weakening momentum in the shorter-term averages suggests that the current trend might not hold for long.
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Tripple SMA chart for HDFC Bank Limited


The technical analysis of a company's stock performance is valuable, but only when considered in conjunction with the company's fundamentals. These fundamentals, including financial strength, earnings growth, and leadership, provide a foundation for understanding market movements. Additionally, industry trends and competitive pressures play an important role. By integrating both fundamental and technical analysis, one can better evaluate the company's true potential and make more informed investment decisions.