Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

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

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

10 day averaged volume of Hdfc Gold is 867677

Date	Daily Closing Price	Open	High	Low	Volume
08 Wed May 2024	62.34	62.43	62.64	62.12	0.423 times
07 Tue May 2024	62.43	62.88	62.88	62.30	1.583 times
06 Mon May 2024	62.62	62.33	62.88	62.25	0.757 times
03 Fri May 2024	62.33	62.70	62.84	62.03	1.3 times
02 Thu May 2024	62.68	62.87	63.38	62.51	0.909 times
30 Tue Apr 2024	62.86	64.13	64.13	62.62	0.819 times
29 Mon Apr 2024	63.13	63.30	63.30	62.85	0.364 times
26 Fri Apr 2024	63.28	63.18	63.31	62.77	0.737 times
25 Thu Apr 2024	62.73	62.47	62.80	62.27	0.765 times
24 Wed Apr 2024	62.47	62.89	62.94	62.05	1.364 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 62.4, but if it comes above 62.4, then a intra day buy could be more profitable.
If you take a sell trade below 62.4, then use 62.4 as stoploss and 61.6 as target. However if you take a buy trade in stock , then use 62.4 as stoploss and 62.95 as target.

Share price targets for Hdfc Gold (HDFCGOLD)

Target Type	Value
Downside Target	52.90
Downside Target	57.25
Downside Target	59.50
Downside Target	61.70
Upside Target	62.88
Upside Target	63.38
Upside Target	64.10
Upside Target	64.13
Upside Target	64.51
Upside Target	65.40

Intraday share price targets for Hdfc Gold (HDFCGOLD)

Target Type	Value
Downside Intraday Target	62.01
Downside Intraday Target	61.69
Upside Intraday Target	62.77
Upside Intraday Target	63.21
Upside Intraday Target	62.45

Weekly technical analysis of Hdfc Gold (HDFCGOLD)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Wed May 2024	62.34	62.33	62.88	62.12	0.814 times
03 Fri May 2024	62.33	63.30	64.13	62.03	0.492 times
26 Fri Apr 2024	63.28	64.01	64.51	61.96	0.939 times
19 Fri Apr 2024	64.11	63.81	65.40	62.88	1.193 times
12 Fri Apr 2024	63.81	62.45	64.10	61.70	0.719 times

Price has moved up 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 Gold (HDFCGOLD)

Date	Monthly Closing Price	Open	High	Low	Volume
08 Wed May 2024	62.34	62.87	63.38	62.03	0.165 times
30 Tue Apr 2024	62.86	59.50	65.40	59.50	1.587 times
28 Thu Mar 2024	58.31	54.26	60.00	54.26	2.035 times
29 Thu Feb 2024	54.18	54.87	55.10	52.90	0.703 times

Scroll below to view daily charts

Price has moved down 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 Gold (HDFCGOLD)

Price action analysis of Hdfc Gold ( (HDFCGOLD) ) 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.

Price action analysis of Hdfc Gold ( (HDFCGOLD) ) 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.

Price action analysis of Hdfc Gold ( (HDFCGOLD) ) 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 Gold stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

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

Hdfc Gold 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 green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Hdfc Gold in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 62.62 and Hdfc Gold (HDFCGOLD) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

People seem to be coming out and selling the Hdfc Gold (HDFCGOLD) stock. Volume based technical analysis of Hdfc Gold (HDFCGOLD) stock is negative.

Hdfc Gold 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.