HDFCLIFE trade ideas
Resistance zoneIf it closes above the line, we can expect it to rise
Otherwise we can use this line as intraday sell zone
HDFC LIFE INSURANCE, A New Entrant In My Longterm Portfolio.HDFC LIFE INSURANCE has seen a decent correction from its all time high prices. Currently its hovering over its 200 day EMA. A bounce back is in the works.
The company has seen increasing sales over quarters, plus we can see increased institutional buying. Its outperforming benchmark indexes plus sectoral indexes. The company is surely on my watchlist and im adding on each corrections.
HDFC LIFE INSURANCE Hdfc life.. DAILY view looking correction point price gradually decrease step by step finally best buy for long 560 good support 👍 565 ..
HDFC crucial supportHDFC crucial support,if break 660 next support 570...if breakout from 730 then target 900 intact
Swing TradeTrading for a living,
#HDFCLIFE (daily)
- Major Support near 655-661
- Taking Support over demand zone
- Bounced thrice from demand zone
- Need a volume triggered bounce
- Buy above 660-63
- Stoploss 639
- Target 678/694/711/729+
#SwingTrade
HDFC LIFE Short term buyGood Cup and Handle formation ,
& harmonics patern :
Now on the way of its targets
CMP : 698
TARGETS : 702.7/709.05/718.95
HDFC life , after a fall it has bottomed out and now in range Currently in range but its a good quality stock and right to accumulate now
Bullish on HDFC Life -Bullish croosover
-falling wedge breakout
-Resistance Breakout
-Good Volume buildup
Target - 785
End of consolidationWeekly candle breaks the down trend chennal
Overal trend is up
Nxt level traget 746
Weekly positional
HDFCLIFE -Breaks the triangle pattern Looking for buying opportunity if breakout happens for tomorrow or enter once after retest
Stop loss : 685.75
Target : 742
Disclaimer: Please check with your financial advisor and put your analysis before taking any trade.
HDFC LIFE INSURANCE WEEKLY CHART LOOKING LIKE FLAG PATTERN .... ONE CAN TRACK THE STOCK TO UNDERSTAND PRICE ACTION
HDFC LIFE : Pullback tradeThe stock looks great, we could see a trendline breakout with a decisive candle with good volume.
Though the stock did not see a good momentum movement post-breakout.
Now if it sustains 660 levels, chances are that it might be moving towards 720 initially and then towards 750 levels.
Trade type: Positional
