HDFC LIFE - Bullish - Long Term
Updated
Hi Folks,
HDFC life looks very bullish on daily time frame. Currently, Daily RSI has broken out nad weekly RSI about to test falling trendline. If the breakout sustains, Risk reward is highly favourable. Life insurance theme is available at very reasonable price, there is increment in premiums which lead to top line as well as bottom line growth for insurance sector.
HDFC life looks very bullish on daily time frame. Currently, Daily RSI has broken out nad weekly RSI about to test falling trendline. If the breakout sustains, Risk reward is highly favourable. Life insurance theme is available at very reasonable price, there is increment in premiums which lead to top line as well as bottom line growth for insurance sector.
Trade active
Ongoing larger impulse up. hold for long term.Note
First target reached
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