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HDFC Bank Share Price Prediction for Monday: Levels for Monday 24 August 2026

HDFC Bank at Rs 726.95 (+0.26%) on 21 Aug 2026. High: Rs 729.00. Low: Rs 723.00. Support: Rs 720-723. Resistance: Rs 729.


21 Aug 20265:17 pm

HDFC Bank Share Price Prediction for Monday: Levels for Monday 24 August 2026

Quick Answer

The HDFC Bank share price prediction for Monday is sideways to bearish. HDFC Bank closed at Rs 726.95 (+0.26%) on 21 August 2026. Ankit Jaiswal notes that Rs 720 is the critical support for the HDFC Bank share price prediction for Monday, with resistance at Rs 729. Kunal Singla observes that HDFC Bank's performance on 21 August positions it for a sideways to bearish session on 24 August.

The HDFC Bank share price prediction for Monday follows the 21 August session where HDFC Bank settled at Rs 726.95 (+0.26%). The day's range of Rs 723.00 to Rs 729.00 defines the immediate reference band for the HDFC Bank share price prediction for Monday. Ankit Jaiswal, Research Analyst at Univest, notes that today's session for HDFC Bank unfolded against a broader Nifty decline of +0.08%. HDFC Bank fell +0.26% on 21 August, underperforming Axis Bank (+1.44%) and ICICI Bank (+0.57%) within the private banking space.

Kunal Singla, Research Analyst at Univest, observes that the HDFC Bank share price prediction for Monday will take direction from overnight Gift Nifty futures and whether the broader market holds 24,100 to 24,150 support on 21 August 2026. Axis Bank's +1.44% outperformance on a down day shows that quality large-caps can diverge from the index — a context relevant to the HDFC Bank share price prediction for Monday. HDFC Bank's stable NIM and improving retail loan mix remain medium-term positives, but today's close near the session low of Rs 723 indicates near-term technical pressure.

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Today's Market Recap: HDFC Bank on 21 August 2026

  • HDFC Bank: Closed at Rs 726.95 (+0.26%) on 21 August. Session range Rs 723.00 to Rs 729.00.
  • Market Context: Nifty fell +0.08%, Sensex +0.00%. Axis Bank +1.44% was the standout large-cap performer.
  • Institutional: FII net buyers Rs 508 Cr on 14 Aug. Today's provisional 21 Aug data updates overnight.

HDFC Bank Share Price prediction for Monday: Technical Analysis

Ankit Jaiswal's HDFC Bank share price prediction for Monday identifies Rs 720-723 as the first critical support, near today's intraday low of Rs 723.00. A hold above Rs 720 keeps the HDFC Bank share price prediction for Monday sideways to bearish. A break below could extend the HDFC Bank share price prediction for Monday decline toward Rs 714.

On the upside, Rs 729 is the first resistance in the HDFC Bank share price prediction for Monday, near today's session high. Kunal Singla notes that a close above Rs 729 would shift the HDFC Bank share price prediction for Monday to sideways bullish, targeting Rs 738.

Trend for 24 August 2026 (Monday): Sideways to Bearish
Support: 720-723 | 714
Resistance: 729 | 738

Global Cues for HDFC Bank Share Price prediction for Monday

  • US Markets (14 Aug close): Dow Jones at 53,732 (-0.20%), S&P 500 at 7,785 (-0.20%), Nasdaq at 26,729 (-0.30%). Weak retail sales data (-0.6% in July) and subdued University of Michigan consumer sentiment (51, below forecast 55) signal caution.
  • Asian Markets: Japan's Nikkei 225 gained 2.1% to 66,970 on Monday, providing a partially positive cue for Asian risk assets.
  • Institutional Flows (14 Aug): FII were net buyers of Rs 508 Cr and DII were net buyers of Rs 356 Cr in the cash segment, reflecting continued institutional support for Indian equities.

Key Events for 24 August 2026 (Monday)

  • Indian markets closed Sat-Sun; Monday 24 Aug opening shaped by US Friday session and Asian Monday opens
  • Gift Nifty futures Monday morning sets the opening gap for all individual stock predictions for Monday
  • FII Friday provisional data (released Monday) reveals institutional net position heading into the new week
  • MCX commodity rally (Gold +1.24%, all 6 commodities positive) provides positive backdrop for commodity-linked equities on Monday

Peer Stocks to Watch Tomorrow

Name CMP (Rs) Day Change Key Level for Monday
ICICIBANK 1,420.00 +0.57% Support: 1,400 | Resistance: 1,425
AXISBANK 1,245.80 -0.42% Support: 1,232 | Resistance: 1,252
KOTAKBANK 402.80 +1.37% Support: 384 | Resistance: 394
SBIN 1,048.70 +0.07% Support: 1,048 | Resistance: 1,065

Analyse HDFC Bank and Peers on Univest Screener

Trading Strategy for HDFC Bank on 21 August 2026

  • For the HDFC Bank share price prediction for Monday, buy on dips toward Rs 720-723 with stop below Rs 714
  • A break above Rs 729 in the HDFC Bank share price prediction for Monday targets Rs 738; trail stop at Rs 720
  • Watch sector peers for confirming signals before acting on the HDFC Bank share price prediction for Monday
  • Monitor VIX and FII flows: both support the HDFC Bank share price prediction for Monday thesis if they stay constructive

What Does Sentiment Indicate for HDFC Bank Share Price prediction for Monday?

Sentiment for the HDFC Bank share price prediction for Monday is sideways to bearish based on 21 August's session. Ankit Jaiswal notes VIX at 11.20 (+4.09%) signals low volatility, supporting stable price action. The HDFC Bank share price prediction for Monday is underpinned by HDFC Bank's strong business fundamentals and institutional investor interest.

Kunal Singla observes that Axis Bank's +1.44% outperformance and Reliance's +0.40% close show large-caps can diverge positively from the broader market. This is a constructive signal for the HDFC Bank share price prediction for Monday heading into 24 August 2026. FII buying on 14 Aug and stable VIX both support the HDFC Bank share price prediction for Monday narrative.

Risks to HDFC Bank Share Price prediction for Monday

  • A Nifty break below 24,100 would likely drag HDFC Bank below HDFC Bank share price prediction for Monday support
  • Sector-specific news could trigger sharp moves beyond the HDFC Bank share price's 21 August outlook technical levels
  • Overnight Nasdaq weakness adds headwinds to large-cap technology and banking stocks in the Monday's HDFC Bank share price target context
  • VIX rising above 12 would require wider stop-losses in the HDFC Bank share price's share price outlook for 24 August

Download the Univest iOS App or Univest Android App to track live HDFC Bank price and get expert share price predictions.

Conclusion

the stock's 21 August forecast is sideways to bearish. HDFC Bank closed at Rs 726.95 (+0.26%) on 21 August. Ankit Jaiswal's the share price prediction for 24 August places support at Rs 720-723 and resistance at Rs 729. Kunal Singla notes a move above Rs 729 confirms the HDFC Bank share price's Wednesday forecast as bullish.

Use defined levels in the HDFC Bank share price's 21 August outlook with stop-losses. Download the Univest app for live HDFC Bank price tracking and expert Monday's HDFC Bank share price target research.

Disclaimer: Investments in securities are subject to market risk. This content is for educational purposes only and does not constitute investment advice. Univest Research Analyst Registration No. INH000013776.

Frequently Asked Questions

What is the HDFC Bank share price's share price outlook for 24 August?

Ans. the stock's 21 August forecast is sideways to bearish. HDFC Bank closed at Rs 726.95 (+0.26%) on 21 August 2026. Support at Rs 720-723, resistance at Rs 729. Ankit Jaiswal notes the share price prediction for 24 August stays sideways to bearish above Rs 720.

What are HDFC Bank support levels for Monday 24 August 2026?

Ans. The HDFC Bank share price's Wednesday forecast places immediate support at Rs 720-723 and strong support at Rs 714. Resistance is at Rs 729 and Rs 738.

Which peer stocks confirm the HDFC Bank share price's 21 August outlook?

Ans. Sector peers in the table below and Nifty 50's 24,100 to 24,150 support are the primary confirming signals for the Monday's HDFC Bank share price target on 24 August.

How do global cues affect the HDFC Bank share price's share price outlook for 24 August?

Ans. Nifty fell +0.08% on 21 Aug. FII buying of Rs 508 Cr on 14 Aug supports the stock's 21 August forecast. Overnight Gift Nifty futures are the most immediate global cue for the share price prediction for 24 August.

What is the trading strategy for the HDFC Bank share price's Wednesday forecast?

Ans. For the HDFC Bank share price's 21 August outlook, Ankit Jaiswal recommends buying at Rs 720-723 with stop below Rs 714. Kunal Singla advises chasing a break above Rs 729 targeting Rs 738.

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Note: This blog is for information purpose only. Investments and trading are subject to market risks, read all scheme related documents carefully.

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