HDFCBANK Outlook for the Week (October 14, 2024 – October 18, 2024)
HDFC Bank closed the previous week on a positive note gaining -2.05%.
Technically, HDFC Bank share price will see immediate support at 1,620.85 and immediate resistance would be seen at 1,673.30.
If HDFC Bank share price closes below immediate support of 1,620.85, then sharp breakdown can be seen. HDFC Bank share price will see major support at 1,590.70 for the week.
On the positive side, immediate resistance will be seen at 1,673.30. Closing above 1,673.30, HDFC Bank share price will see a sharp breakout. Major resistance for HDFC Bank share price will be seen at 1,695.60 for the week.
Trading range for HDFC Bank share price for this week should be between 1,568.40 on down side and 1,725.75 on up side.
HDFC Bank Previous Week High: 1665.45
HDFC Bank Previous Week Low: 1613
HDFC Bank Previous Week Range: 52.45 Points
HDFC Bank share price support and resistance for the week (October 14, 2024 - October 18, 2024)
| Level Type | Value |
|---|---|
| Resistance 3 | 1,725.75 |
| Resistance 2 | 1,695.60 |
| Resistance 1 | 1,673.30 |
| Support 1 | 1,620.85 |
| Support 2 | 1,590.70 |
| Support 3 | 1,568.40 |