HDFC Bank Future and Option Prediction for Tomorrow 29 May 2026: Key Levels and Strategy

The HDFC Bank future and option prediction for tomorrow on 29 May 2026 is bearish based on 27 May 2026 data. HDFC Bank (NSE: HDFCBANK) closed at Rs 758.65 on 27 May 2026, a change of -10.85 (-1.41%) in the session. The stock touched a session high of Rs 773.9 and a session low of Rs 756.9. With GIFT Nifty indicating a gap-down of -261 points (-1.09 per cent) for 29 May 2026, the HDFC Bank future and option prediction for tomorrow carries a bearish bias in the near term. Support is at Rs 756.9 and resistance at Rs 774 for the 29 May 2026 session.

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HDFC Bank Share Price Recap on 27 May 2026

CMP (27 May Close): Rs 758.65

Session Open: Rs 769.5 | High: Rs 773.9 | Low: Rs 756.9

52-Week High: Rs 880 | 52-Week Low: Rs 685

HDFC Bank fell 1.4 per cent on 27 May as Bank Nifty declined for the second consecutive session. FII selling of Rs 2,407 crore on 26 May weighed on banking.

HDFC Bank Futures Prediction for Tomorrow 29 May 2026

Futures Trend: Bearish

Futures Price (Approx): Rs 758

Support 1: Rs 756.9 | Support 2: Rs 748

Resistance 1: Rs 774 | Resistance 2: Rs 790

Ankit Jaiswal, Senior Research Analyst at Univest, notes that the HDFC Bank future and option prediction for tomorrow places Rs 756.9 as the critical immediate support. A hold above Rs 756.9 in early trade on 29 May 2026 would signal bearish continuation toward Rs 774. Jaiswal flags that the gap-down indicated by GIFT Nifty at -261 points may pressure Private Sector Banking stocks at the open, making the first 30-minute candle decisive for the HDFC Bank futures direction.

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HDFC Bank Options Analysis for 29 May 2026

Put Call Ratio (PCR): 0.81 | Max Call OI: Rs 780 strike | Max Put OI: Rs 750 strike

Kunal Singla, Associate Director at Univest, observes that the HDFC Bank options chain for the near-month expiry shows maximum call open interest at the Rs 780 strike and maximum put open interest at Rs 750. The PCR of 0.81 reflects cautious positioning with put writing lagging call buildup. On a gap-down open driven by GIFT Nifty weakness, Singla suggests watching the Rs 750 put OI level as a potential support floor for intraday positioning in HDFC Bank options on 29 May 2026.

Key Events and Triggers for HDFC Bank on 29 May 2026

• GIFT Nifty Gap-Down (-261 pts): A 1.09 per cent lower opening affects all Private Sector Banking stocks and sets the early session tone for HDFC Bank.
• Credit-deposit ratio trajectory: This factor directly influences HDFC Bank intraday direction on 29 May 2026.
• CASA ratio and liability franchise: Watch for updates that could drive HDFC Bank futures above or below key levels.
• BSE Sensex Weekly Expiry (29 May 2026): Expiry day volatility may amplify moves in HDFC Bank options, particularly near the max OI strikes at Rs 780 and Rs 750.

Trading Strategy for HDFC Bank Futures and Options on 29 May 2026

1. Do Not Chase the Gap-Down Open: Wait for HDFC Bank futures to stabilise above Rs 756.9 before initiating any long position in the 29 May 2026 session.

2. Bull Setup: If HDFC Bank holds above Rs 756.9 for the first 15 minutes and reclaims Rs 774, the HDFC Bank future and option prediction for tomorrow turns positive toward Rs 790.

3. Bear Setup: A sustained break below Rs 748 confirms renewed selling pressure toward the next support. Avoid catching falling knives.

4. Options Strategy: With PCR at 0.81 and BSE Sensex weekly expiry on 29 May 2026, consider defined-risk spreads rather than naked options in HDFC Bank for the session.

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Conclusion

The HDFC Bank future and option prediction for tomorrow on 29 May 2026 is bearish, with key support at Rs 756.9 and resistance at Rs 774. HDFC Bank closed at Rs 758.65 on 27 May 2026 (-1.41%), with a 52-week range of Rs 685 to Rs 880. GIFT Nifty indicating a -261 point gap-down on 29 May 2026 adds caution for the Private Sector Banking sector. Ankit Jaiswal of Univest flags Rs 756.9 as the session support while Kunal Singla of Univest highlights Rs 780 call OI as the resistance ceiling. These levels are for educational analysis and not investment advice. All HDFC Bank future and option prediction for tomorrow levels should be verified against live market data on 29 May 2026.

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 29 May 2026?

Ans. The HDFC Bank future and option prediction for tomorrow is bearish. CMP is Rs 758.65 on 27 May 2026. Support is at Rs 756.9 and resistance at Rs 774. GIFT Nifty indicates a -261 point gap-down for 29 May 2026. PCR for HDFC Bank options is 0.81 with max call OI at Rs 780.

What is the support level for HDFC Bank futures on 29 May 2026?

Ans. The support levels for HDFC Bank futures on 29 May 2026 are Rs 756.9 as immediate support and Rs 748 as secondary support. Ankit Jaiswal of Univest flags Rs 756.9 as the make-or-break level for the session.

What is the resistance level for HDFC Bank on 29 May 2026?

Ans. The resistance for HDFC Bank on 29 May 2026 is Rs 774 as immediate resistance and Rs 790 as next resistance. Maximum call OI is at Rs 780, which acts as an additional resistance reference for options traders.

What is the PCR for HDFC Bank options ahead of 29 May 2026?

Ans. The Put Call Ratio for HDFC Bank options is 0.81. Maximum call open interest is at Rs 780 and maximum put open interest is at Rs 750. Kunal Singla of Univest observes this PCR as a cautious signal for 29 May 2026.

What are the key triggers for HDFC Bank on 29 May 2026?

Ans. Key triggers for HDFC Bank on 29 May 2026 include: GIFT Nifty gap-down of -261 points, credit-deposit ratio trajectory, casa ratio and liability franchise, and BSE Sensex weekly expiry volatility. These factors will determine HDFC Bank futures direction in the 29 May 2026 session.