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HDFCLIFEMARKET OUTLOOKSTOCK OUTLOOK

Hdfc Life Outlook for the Week (August 14, 2023 – August 18, 2023)

Hdfc Life closed the previous week on a negative note losing 3.49%.

Technically, Hdfc Life share price will see immediate support at 625.45 and immediate resistance would be seen at 648.30.

If Hdfc Life share price closes below immediate support of 625.45, then sharp breakdown can be seen. Hdfc Life share price will see major support at 617.30 for the week.

On the positive side, immediate resistance will be seen at 648.30. Closing above 648.30, Hdfc Life share price will see a sharp breakout. Major resistance for Hdfc Life share price will be seen at 663.00 for the week.

Trading range for Hdfc Life share price for this week should be between 602.60 on down side and 671.15 on up side.

Hdfc Life Previous Week High: 654.85

Hdfc Life Previous Week Low: 632

Hdfc Life Previous Week Range: 22.85 Points

Hdfc Life share price support and resistance for the week (August 14, 2023 – August 18, 2023)

Level Type Value
Resistance 3 671.15
Resistance 2 663.00
Resistance 1 648.30
Support 1 625.45
Support 2 617.30
Support 3 602.60

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