HDFCLIFE | A Portfolio Stock | Gann Analysis
- This stock recently made an all time high of 731 (near Cube number 729), which also happens to be a strong trend line resistance
- Strong support is placed between 643 and 665 levels | A good accumulation zone
- Above 743 would be a confirmation of breakout for higher Gann levels 757 / 771 / 784 / 799 / 813 / 827 / 841 / 900 / 961 / 1000
- Level 643 is a very strong support and has acted multiple times in the past
- Below 621 could be a possibility of correction OR a down move
- Important support levels below 621 are 599 / 576 / 529 / 512 / 496 / 452
Note
Bounced from strong support 665.
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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.