HDFC Life- The price structure resembles a rounding bottom / cup-like formation after a prolonged decline from Sep–Dec 2024.
Recently, the stock has been consolidating just below resistance (~₹822–₹856), forming a base-building structure.
Key Levels
Immediate Support: ₹750
Major Support: ₹740 (important demand zone)
Immediate Resistance: ₹822
Breakout Zone: ₹856
Upside Targets on Breakout: ₹890 → ₹923
⚠️ Disclaimer: This chart is for educational purposes only.
Regulatory Note: We are an independent development team. Our services are not registered or licensed by any regulatory body in India, the U.S., the U.K., or any global financial authority. Please consult a licensed advisor before making trading decisions.
Recently, the stock has been consolidating just below resistance (~₹822–₹856), forming a base-building structure.
Key Levels
Immediate Support: ₹750
Major Support: ₹740 (important demand zone)
Immediate Resistance: ₹822
Breakout Zone: ₹856
Upside Targets on Breakout: ₹890 → ₹923
⚠️ Disclaimer: This chart is for educational purposes only.
Regulatory Note: We are an independent development team. Our services are not registered or licensed by any regulatory body in India, the U.S., the U.K., or any global financial authority. Please consult a licensed advisor before making trading decisions.
Creator of “VaultSignal Weekly, SignalSurge Daily, ProChart Future Hourly, – Invite-only scripts. Access available via profile. t.me/+Mdc4fo9qxn8zNzI1
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.
Creator of “VaultSignal Weekly, SignalSurge Daily, ProChart Future Hourly, – Invite-only scripts. Access available via profile. t.me/+Mdc4fo9qxn8zNzI1
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.