HDFC Bank is trading at 2200.8 and below it's 100 day simple moving average and above 200 day moving average. The RSI is making lower lows and trading below 50 level and thus showing bearishness. MACD is also making lower lows and has crossed signal line and trading below zero line, this also shows bearishness.It may take support at 2112.08.If it does not take support here then further weakness may come in this stock.
The market cap of the company is rs.101917.03 cr. The PE ratio of the company is 30.16 and of the industry is 28.49.The earning per share EPS of the company is 72.95. This is good company to accumulate at price level of 2112.08 for a target of 2422.
