Hdfc Bank Weekly Outlook and Analysis:

For the Week: (July 31, 2023 – August 04, 2023)

Hdfc Bank closed the previous week on a negative note losing 3.63%

Technically, Hdfc Bank share price will see immediate support at 1,622.07 and immediate resistance would be seen at 1,683.97

If Hdfc Bank share price closes below immediate support of 1,622.07, then sharp breakdown can be seen. Hdfc Bank share price will see major support at 1,600.63 for the week.

On the positive side, immediate resistance will be seen at 1,683.97. Closing above 1,683.97, Hdfc Bank share price will see a sharp breakout. Major resistance for Hdfc Bank share price will be seen at 1,724.43 for the week.

Trading range for Hdfc Bank share price for this week should be between 1,560.17 on down side and 1,745.87 on up side.

Hdfc Bank Previous Week High: 1703

Hdfc Bank Previous Week Low: 1641.1

Hdfc Bank Previous Week Range: 61.9 Points

Hdfc Bank share price support and resistance for the week (July 31, 2023 – August 04, 2023)