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HDFC LIFE INS CO LTD
Jul 19, 2023
HDFCLIFE
0
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Last month, prices broke above the consolidation range (500-600), with RSI clearing previous peak and MACD turning positive.
Past price behavior shows that uptrends tend to continue till 150% Retracement level of the fall and around 18% higher than the prior All time high.
So by that means, the stock has potential to cross 900.
Bullish outlook remains valid as long as price sustains 600.
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