Is HDFC Bank technically bullish or bearish?
As of October 17, 2025, HDFC Bank's technical trend is bullish with moderate strength, supported by positive daily moving averages and monthly Bollinger Bands, although short-term indicators show some caution.
As of 17 October 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish with moderate strength. Key indicators driving this include the bullish signals from the daily moving averages and the monthly Bollinger Bands, alongside a bullish MACD on the monthly timeframe. However, the weekly MACD and KST are mildly bearish, indicating some short-term weakness. The Dow Theory shows a mildly bullish stance on the weekly but mildly bearish on the monthly, suggesting mixed signals across different timeframes. Overall, HDFC Bank is positioned bullishly, supported by strong longer-term indicators despite some short-term caution.
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