📊 1-Month Technical Outlook
Technical Rating: Strong Buy
Pivot Points:
Classic: Pivot: ₹960.28 | Support: ₹937.03, ₹951.12 | Resistance: ₹974.37, ₹983.53, ₹997.62
Fibonacci: Pivot: ₹960.28 | Support: ₹945.91, ₹951.40 | Resistance: ₹974.65, ₹983.53
Camarilla: Pivot: ₹961.30 | Support: ₹961.09, ₹963.80 | Resistance: ₹967.85, ₹969.21
Moving Averages:
Short-Term (MA5, MA10, MA20): Buy
Medium-Term (MA50): Sell
Long-Term (MA100, MA200): Buy
Relative Strength Index (RSI): 50.54 (Neutral)
MACD: -4.82 (Sell)
Average True Range (ATR): 13.27 (Moderate Volatility)
ADX (Trend Strength): 19.12 (Weak Trend)
Williams %R: -36.70 (Buy)
Commodity Channel Index (CCI): -13.66 (Neutral)
Rate of Change (ROC): -0.22 (Sell)
🔍 Summary
HDFC Bank's stock shows a bullish trend over the past month, with positive technical indicators and a strong buy signal. However, the neutral RSI and sell signal from the MACD suggest caution. Investors should monitor these indicators closely for potential shifts in market sentiment.
Technical Rating: Strong Buy
Pivot Points:
Classic: Pivot: ₹960.28 | Support: ₹937.03, ₹951.12 | Resistance: ₹974.37, ₹983.53, ₹997.62
Fibonacci: Pivot: ₹960.28 | Support: ₹945.91, ₹951.40 | Resistance: ₹974.65, ₹983.53
Camarilla: Pivot: ₹961.30 | Support: ₹961.09, ₹963.80 | Resistance: ₹967.85, ₹969.21
Moving Averages:
Short-Term (MA5, MA10, MA20): Buy
Medium-Term (MA50): Sell
Long-Term (MA100, MA200): Buy
Relative Strength Index (RSI): 50.54 (Neutral)
MACD: -4.82 (Sell)
Average True Range (ATR): 13.27 (Moderate Volatility)
ADX (Trend Strength): 19.12 (Weak Trend)
Williams %R: -36.70 (Buy)
Commodity Channel Index (CCI): -13.66 (Neutral)
Rate of Change (ROC): -0.22 (Sell)
🔍 Summary
HDFC Bank's stock shows a bullish trend over the past month, with positive technical indicators and a strong buy signal. However, the neutral RSI and sell signal from the MACD suggest caution. Investors should monitor these indicators closely for potential shifts in market sentiment.
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Disclaimer
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.