HDFCLIFE - Short term Breakdown Scenario

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HDFCLIFE – Key Levels Setup | Breakout or Breakdown Scenario

According to the price action observed at session start , HDFCLIFE is currently consolidating between the resistance at 790 and the support at 772 . The structure suggests price is coiling, and a decisive move beyond either level could trigger a directional breakout.


Key Levels:
Resistance: 790
Support: 772

Breakdown Scenario:
If price breaks and sustains below 772 :
TP1 (1:1): 754
TP2 (1:2): 736
TP3 (1:3): 718

"Stay neutral, stay ready. Let the chart pick the direction."

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