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HDFCLIFEMARKET OUTLOOKSTOCK OUTLOOK

Hdfc Life Outlook for the Week (July 31, 2023 – August 04, 2023)

Hdfc Life Weekly Outlook and Analysis:

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

Hdfc Life closed the previous week on a negative note losing 3.32%

Technically, Hdfc Life share price will see immediate support at 647.48 and immediate resistance would be seen at 669.68

If Hdfc Life share price closes below immediate support of 647.48, then sharp breakdown can be seen. Hdfc Life share price will see major support at 635.67 for the week.

On the positive side, immediate resistance will be seen at 669.68. Closing above 669.68, Hdfc Life share price will see a sharp breakout. Major resistance for Hdfc Life share price will be seen at 680.07 for the week.

Trading range for Hdfc Life share price for this week should be between 625.28 on down side and 691.88 on up side.

Hdfc Life Previous Week High: 668.25

Hdfc Life Previous Week Low: 646.05

Hdfc Life Previous Week Range: 22.2 Points

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

Level Type Value
Resistance 3 691.88
Resistance 2 680.07
Resistance 1 669.68
Support 1 647.48
Support 2 635.67
Support 3 625.28

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