HdfcLife Last Downwave before the Reversal
These are the Fresh Source Monthly Supply and its destination Monthly Demand,
After reacting to the Source Supply Price has headed downward to the Demand,
This is how Price has been coming towards the Monthly Demand and this is the last
Fresh Daily Supply, after reacting to this Price should continue the downtrend till it reaches its Destination of Monthly Demand and then Shoot up.
Hdfclifeintraday
HDFCLIFE - Long viewThe stock has created a good base at the level range of 509 levels.
As you can see the stock has taken support around this area and moved upwards.
It reached a high of 775 levels before crumbling to huge selling pressures.
The stock is trying to make its way back to the top.
I have presented my views on the chart with levels that can help you take your trades.
Thanks & Regards,
If you feel you can make use of my views and put them to good use, request you to kindly revert with feedback/suggestion/improvement