Free Point and Figure charts Hdfc Bank Limited HDFCBANK_W3 share NSE Stock Exchange

Stock HDFCBANK_W3 - Share Hdfc Bank Limited trades in NSE

Daily Support: 579.58
Daily Resistance: 612.58
5 Day Moving Average is 592.45
20 Day Moving Average is 553.75

If a stock is trading above it's 5 day and 20 day moving averages, it's considered good for a trade! The support & resistance points are valid for intra day.

Also take a look at technical analysis reports for more details like moving averages, support and resistance.

Date	Change	Open	Close	High	Low	Volume
Wed 09 Aug 2023	-1.06%	565.00	594.15	598.00	565.00	0.23 times
Tue 08 Aug 2023	-0.66%	609.00	600.50	609.00	594.05	0.33 times
Mon 07 Aug 2023	1.06%	605.00	604.50	611.95	595.00	2.15 times
Fri 04 Aug 2023	5.88%	568.10	598.15	604.00	563.00	3.29 times
Thu 03 Aug 2023	-2.29%	585.00	564.95	593.00	552.00	2.39 times
Wed 02 Aug 2023	-4.24%	582.00	578.20	589.90	567.25	1.62 times
Tue 01 Aug 2023	2.14%	594.00	603.80	605.95	586.00	1.91 times
Mon 31 Jul 2023	1.6%	585.00	591.15	596.25	580.05	0.83 times
Fri 28 Jul 2023	-7.74%	601.00	581.85	604.95	579.00	0.91 times
Thu 27 Jul 2023	-3.31%	669.00	630.65	670.50	624.00	0.41 times

Point & Figure Charts for Hdfc Bank Limited HDFCBANK_W3

Point and Figure charts are best suited to find trend and reversal points of a stock.

Point & Figure charts can be used by long term investors, or even by short term swing traders. All you have to do is switch the Point & Figure BOX setting and Point & Figure Reversal settings below for Hdfc Bank Limited HDFCBANK_W3 and you are good to go!

A swing trader can use 1% of the stocks current price as Point & Figure BOX, and the default 3 box as Reversal

A long term investor would be more comfortable with 2% to 5% Point and Figure BOX setting, and either 3 Box as Reversal, or 5 Box as Reversal

At MunafaSutra.com I use at least 250 data points to draw Point and Figure charts of Hdfc Bank Limited HDFCBANK_W3 stock.