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HDFC NEWS why is Housing Development Finance Corporation Limited price falling or rising

HDFC NEWS reasons for why stock price of Housing Development Finance Corporation Limited is falling or rising

HDFC Housing Development is falling or rising technical reasons

Technical analysis forecast for Housing Development Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Housing Development HDFC at this time. Stock is falling and might fall more.

It appears as if Housing Development HDFC gave a large move recently.

Stock of Housing Development (HDFC) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

My analysis of Housing Development is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Housing Development stays below 2651.5, but if it comes above 2651.5, then a intra day buy could be more profitable.
If you take a sell trade below 2651.5, then use 2651.5 as stoploss and 2589.5 as target. However if you take a buy trade in Housing Development, then use 2651.5 as stoploss and 2703.11 as target.

HDFC Housing Development is falling or rising NEWS fundamental reasons

Company Announcement Housing Development Finance Corporation Limited has informed the Exchange regarding 'Issue of NCDs - Post Bidding Term Sheet'. - NEWS as on 2023-05-31

Block deal impact: Sona BLW slips 6%; HDFC Life gains 1% Around 23.7 million equity shares representing 4 per cent of total equity of Sona Comstar changed hands on the NSE this morning, the exchange data shows. - NEWS as on 2023-05-31 business-standard.com

Buy PNC Infratech; target of Rs 383: HDFC Securities HDFC Securities is bullish on PNC Infratech has recommended buy rating on the stock with a target price of Rs 383 in its research report dated May 26, 2023. - NEWS as on 2023-05-30 moneycontrol.com

Abrdn likely to sell its entire stake in HDFC Life through a block deal The shares will be sold between Rs 563.2 and Rs 585.15 each. At the upper end of the price band, the block sale would fetch abrdn Rs 2,088 crore - NEWS as on 2023-05-30 business-standard.com

Company Announcement Housing Development Finance Corporation Limited has informed the Exchange regarding 'Issue of NCDs - Pre Bidding Term Sheet'. - NEWS as on 2023-05-29

Company Announcement Housing Development Finance Corporation Limited has informed the Exchange about Scheme of Arrangement - NEWS as on 2023-05-29

RIL, ITC, HDFC twins lift Sensex 345 pts up; Bank Nifty hits new peak Stock Market Live on May 29, 2023: Asian markets climbed higher after the US striked a tentative debt deal. Nikkei led gains, rising 2%. Hang Seng, Strait times, S&P/ASX 200 and Kospi rose 0.2-1% - NEWS as on 2023-05-29 business-standard.com

Buy ITD Cementation; target of Rs 170: HDFC Securities HDFC Securities is bullish on ITD Cementation has recommended buy rating on the stock with a target price of Rs 170 in its research report dated May 25, 2023. - NEWS as on 2023-05-28 moneycontrol.com

HDFC, Nabard and PFC line up bond sales HDFC's bond issue, which may have an additional subscription option of up to ₹5,000 crore, may see the rate of interest being set around 7.80%, market sources said. - NEWS as on 2023-05-27 indiatimes.com

Adani Enterprises gains most from block deals this week. Know how ITC, Airtel, HDFC, others performed? Star Health Insurance was the top loser and the stock fell 8.8% over the week. Overall 12 block deals were executed worth Rs 668 crore, according to a Nuvama report. Over 1.21 crore shares changed hands at an average price of Rs 551, this report said. - NEWS as on 2023-05-27 indiatimes.com

Company Announcement Housing Development Finance Corporation Limited has informed the Exchange about Loss of Share Certificates - NEWS as on 2023-05-26

Company Announcement - NEWS as on 2023-05-26

F&O Strategy: Adopt Bull Spread Strategy for PFC, suggests HDFC Securities Nandish Shah, Sr. derivatives & technical research analyst of HDFC Securities, recommends to buy 170 call option of PFC & simultaneously sell 180 call option of June series - NEWS as on 2023-05-26 business-standard.com

Jefferies’ Chris Wood adds Zomato to India portfolio; HDFC Life makes exit Christopher Wood, Jefferies’ Global Head of Equity Strategy, has added Zomato to his India and global long-only equity portfolios. The weight of the stock in the India portfolio will be 4%, with a 2% increase in REC. Zomato is replacing HDFC Life Insuran - NEWS as on 2023-05-26 indiatimes.com

Why HDFC Bank remains a preferred pick of top brokerages HDFC Bank remains one of the preferred picks of Motilal Oswal and the brokerage maintains a 'Buy' rating on the stock with a price target of Rs 1,950. A brokerage note highlighted that the bank is getting bigger, stronger and faster. - NEWS as on 2023-05-25 indiatimes.com

More announcements and NEWS

HDFC Housing Development Finance Corporation Limited current price & indicator signals

Moving Averages for Housing Development Finance Corporation Limited

  • 5Day Average: 2664.46
  • 12Day Average: 2688.37
  • 20Day Average: 2719.54
  • 50Day Average: 2698.84
  • 100Day Average: 2673.36
  • 150Day Average: 2653.08
  • 200Day Average: 2587.49

HDFC Indicators & signals

Indicator MACD (12,26,9)

2689.38, 2706.72, -7.32
Indicator MACD is in negative zone

Indicator ADX (14)

19.48, 20.17, 29.93
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 36
Indicator RSI is indicating selling pressure and stock might fall.

Recent prices of HDFC Housing Development Finance Corporation Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
31 Wed May 2023 2640.40 2637.10 to 2685.40 -1.97% 5.04 times
30 Tue May 2023 2693.35 2672.60 to 2702.90 0.1% 1.19 times
29 Mon May 2023 2690.55 2674.60 to 2700.00 1.51% 0.89 times
26 Fri May 2023 2650.60 2631.05 to 2657.95 0.12% 1.83 times
25 Thu May 2023 2647.40 2633.60 to 2669.95 -0.91% 1.38 times
24 Wed May 2023 2671.75 2665.00 to 2704.65 -1.26% 0.79 times
23 Tue May 2023 2705.85 2698.35 to 2718.65 0.04% 1.29 times
22 Mon May 2023 2704.75 2693.10 to 2720.95 -0.23% 0.57 times
19 Fri May 2023 2710.95 2693.60 to 2731.70 -0.19% 0.68 times
18 Thu May 2023 2716.00 2707.10 to 2732.35 0.36% 0.63 times
17 Wed May 2023 2706.15 2688.20 to 2727.00 -0.61% 0.77 times
16 Tue May 2023 2722.65 2715.00 to 2764.85 -2.22% 1.37 times

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