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HDFC Life Trend Analysis

Long
NSE:HDFCLIFE   HDFC LIFE INSURANC
Rating: Positive
Level: Rangebound but can breakout soon if level of 740 can be taken out with high volume which is missing so far.
Business Outlook: Very good

HDFC Life in in talk to acquire Exide Life Insurance business which will have a positive impact on his business. Target of 850-900 is possible in medium term

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