tanya151181

Can be a good positional pick

Long
NSE:HDFCLIFE   HDFC LIFE INSURANC
The stock has given 9 month old trendline breakout and given strong closing above 100 EMA and trendline today.

200 EMA is a strong resistance right now.

If the stock gives a closing above 200 EMA (611.5) level it can give another 4-5% upmove from here.

Disclaimer: This idea is for educational purpose and kindly buy as per your risk management. I always encourage partial booking 1-2% profits and use a strict trailing stop loss. Idea is positional and only carry position on day closing basis.

Learn & earn,

Dr . Tanya Kumar

For high probable swing picks, join t.me/EquityResearch_PAC_bot

TG channel t.me/priceactionchart

My TG ID @tanya151181

Course details:
tinyurl.com/PAC2COURSE

All Ideas posted by me are for Educational Purpose.
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.