Mayur_Undale

HDFC Life_Long call 535, 570 & 600

Long
Mayur_Undale Updated   
NSE:HDFCLIFE   HDFC LIFE INSURANC
Date: 18 June 2020; Time: 3.20 pm
HDFC Life (CMP 515.70)

Stock is moving in a channel. The price is also showing breakout at the small ascending triangle pattern which is very close to its 200 DEMA.

Stock has multiple pattern. on medium term perspective it has symmetrical triangle pattern.

Short term target = 535; duration 6 trading sessions; SL = 507
Medium term target= 570 & 600; duration 25 trading sessions; SL=480
Trade active:
Short Term Target of 535 achieved
Trade active:
T1 & T2 achieved
Trade closed: target reached
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.