HDFC Bank Future and Option Prediction for Tomorrow 1 June 2026: Key Levels and Strategy

The hdfc bank future and option prediction for tomorrow on 1 June 2026 is bearish, based on HDFC Bank closing at Rs 748 on 29 May 2026 (-1.40%). GIFT Nifty at 23,860.0 (+201.5 pts, +0.85%) signals a positive gap-up for Indian markets on 1 June. Nifty 50 closed at 23,649.95 on 29 May 2026, supported by a 3.2 per cent Nifty IT rally. FII net selling of Rs 21,105.86 crore on 29 May 2026 and below-normal monsoon concerns are the key risk factors for the hdfc bank future and option prediction for tomorrow.

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HDFC Bank Share Price Recap on 29 May 2026

CMP (29 May 2026 Close): Rs 748 (-1.40%)

Sector: Private Banking | 52W High: Rs 880 | 52W Low: Rs 685 | Lot Size: 550

HDFC Bank fell 1.40 per cent on 29 May as FII selling of Rs 21,105 crore disproportionately hit India’s largest private bank. The credit-deposit ratio trajectory and CASA franchise quality remain long-term positives, but near-term FII outflows create a negative overhang.

HDFC Bank Futures Prediction for Tomorrow 1 June 2026

Futures Trend: Bearish

Futures Price (Approx): Rs 748

Support 1: Rs 738 | Support 2: Rs 728

Resistance 1: Rs 760 | Resistance 2: Rs 775

Ankit Jaiswal, Senior Research Analyst at Univest, notes that the HDFC Bank future and option prediction for tomorrow places Rs 738 as the critical immediate support for the 1 June session. With GIFT Nifty indicating a gap-up open of 201.5 points, the early session direction will be pivotal. Jaiswal flags Rs 760 as the first resistance level. A gap-up open above Rs 738 that sustains in the first 15-minute candle confirms the bearish continuation for HDFC Bank futures on 1 June 2026.

HDFC Bank Options Analysis for 1 June 2026

PCR: 0.79 | Max Call OI: Rs 765 strike | Max Put OI: Rs 738 strike

Kunal Singla, Associate Director at Univest, observes that the HDFC Bank options chain shows maximum call OI at Rs 765 and maximum put OI at Rs 738. The PCR of 0.79 reflects cautious positioning with call OI exceeding put OI. On the gap-up open driven by GIFT Nifty at +201.5 points, Singla suggests watching Rs 738 as the intraday support floor for options-based positioning in HDFC Bank on 1 June.

Key Triggers for HDFC Bank on 1 June 2026

• GIFT Nifty Gap-Up (+201.5 pts): The positive pre-market signal sets a constructive base for HDFC Bank futures on 1 June.
• FII flow direction in banking on 1 June: Primary sector-specific catalyst for HDFC Bank direction on 1 June 2026.
• Credit-deposit ratio and CASA ratio update: Secondary trigger to watch in the first half of the session.
• FII Flow Reversal: FII selling of Rs 21,105.86 crore on 29 May 2026 resets on 1 June as a new month begins. Positive FII flow would accelerate bearish momentum in HDFC Bank.

Trading Strategy for HDFC Bank Futures and Options on 1 June 2026

1. Gap-Up Confirmation: Wait for the first 15-minute candle above Rs 738 before entering HDFC Bank futures. Do not chase the gap-up open.

2. Bull Setup: If HDFC Bank holds above Rs 738 and breaks Rs 760 on volume, the futures target is Rs 775 for the session.

3. Bear Setup: A break below Rs 728 on sustained selling confirms a bearish reversal. Exit longs and avoid buying on the dip below this level.

4. Options Strategy: With PCR at 0.79, consider defined-risk spreads for the 1 June session. Naked options carry elevated risk on a gap-up expiry week open.

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Conclusion

The HDFC Bank future and option prediction for tomorrow 1 June 2026 is bearish, with key support at Rs 738 and resistance at Rs 760. HDFC Bank closed at Rs 748 on 29 May 2026 (-1.40%). GIFT Nifty at +201.5 points provides a positive gap-up backdrop. Ankit Jaiswal of Univest places Rs 738 as the session support and Kunal Singla of Univest flags Rs 765 call OI as the resistance ceiling. All HDFC Bank future and option prediction for tomorrow levels are educational analysis only. Consult a SEBI-registered advisor before trading.

Investments in securities are subject to market risk. This content is for educational purposes only and does not constitute investment advice.

Frequently Asked Questions

What is the HDFC Bank future and option prediction for tomorrow 1 June 2026?

Ans. The HDFC Bank future and option prediction for tomorrow is bearish. CMP is Rs 748 (-1.40% on 29 May 2026). Support is at Rs 738 and resistance at Rs 760. GIFT Nifty at +201.5 points signals a positive gap-up open. PCR for HDFC Bank options is 0.79 with max call OI at Rs 765.

What is the support level for HDFC Bank futures on 1 June 2026?

Ans. Support levels for HDFC Bank futures on 1 June 2026 are Rs 738 (immediate) and Rs 728 (secondary). Ankit Jaiswal of Univest identifies Rs 738 as the make-or-break level for the HDFC Bank future and option prediction for tomorrow.

What is the resistance level for HDFC Bank on 1 June 2026?

Ans. Resistance for HDFC Bank on 1 June 2026 is Rs 760 (immediate) and Rs 775 (next resistance). Maximum call OI at Rs 765 acts as the upper boundary for the HDFC Bank future and option prediction for tomorrow.

What is the PCR for HDFC Bank options on 1 June 2026?

Ans. The PCR for HDFC Bank options is 0.79. Max call OI is at Rs 765 and max put OI at Rs 738. Kunal Singla of Univest observes this PCR as a cautious signal for the HDFC Bank future and option prediction for tomorrow.

What are the key triggers for HDFC Bank on 1 June 2026?

Ans. Key triggers for HDFC Bank on 1 June 2026 include: GIFT Nifty gap-up of +201.5 points, fii flow direction in banking on 1 june, credit-deposit ratio and casa ratio update, and potential FII flow reversal at the start of June. These determine the HDFC Bank future and option prediction for tomorrow direction.