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Markets › HDFC Bank vs ICICI Bank

Head to head · Indian stock market

HDFC Bank vs ICICI Bank

We counted the same 19 buy and sell setups on both. Taken together, the target came first 38% of the time on HDFC Bank and 35% on ICICI Bank. Pattern by pattern, HDFC Bank did better in 10 and ICICI Bank in 8.

An average day's range (high to low) over the last 250 daily candles: HDFC Bank 1.71%, ICICI Bank 1.63%. The two move by a similar amount in a normal day.

Target first, pattern by pattern

PatternHDFC BankICICI Bank
Stochastic bearish cross38% of 24634% of 273
Stochastic bullish cross37% of 21842% of 224
Gap down36% of 13532% of 128
MACD bearish cross33% of 13239% of 129
Volume profile rejection35% of 12625% of 123
Gap up38% of 12029% of 124
Volume profile bounce36% of 11735% of 121
MACD bullish cross38% of 11240% of 121
EMA 9/21 bearish cross38% of 11129% of 119
EMA 9/21 bullish cross41% of 11137% of 118
RSI overbought drop39% of 8541% of 92
RSI oversold bounce36% of 5839% of 70
Fibonacci bounce up54% of 3515% of 41
Fibonacci bounce down52% of 2522% of 41
Bullish engulfing48% of 2948% of 33
Bullish marubozu36% of 3648% of 23
Bearish engulfing31% of 2954% of 28
Bollinger breakout up41% of 2730% of 20
Bearish harami29% of 2138% of 21

Counted by the Trading Class research engine on real past candles: entry at the signal candle's close, target 1.5 × ATR(14), stop 1 × ATR(14), 12 candles to decide, a candle that touches both counts as the stop. How we count. Past data, not a forecast and not advice.

Every pattern on HDFC Bank ›   Every pattern on ICICI Bank ›

Questions

Which is better for patterns, HDFC Bank or ICICI Bank?

In our count the target came first 38% of the time on HDFC Bank and 35% on ICICI Bank, across the same 19 setups. Neither is reliable on its own: most setups hit the stop first on both. Past data, not a forecast.

Which moves more in a day, HDFC Bank or ICICI Bank?

Over the last 250 daily candles the average day's range was 1.71% for HDFC Bank and 1.63% for ICICI Bank.