HDFCLife - Long

HDFCLife within a Broadening Wedge Pattern seems all set to go long for targets 674 & 700 with SL @ 634.
Comment: Though, HDFCLife tried all SLs throwing everybody out before making it's move. As suggested in the comment below, a fresh trade was entered @ 645 and now HDFCLife made a high of 667, pretty close to out first target of 674.
Comment: Trailing SL to 655 now.
Trade closed manually: Trailing stop loss taken out.


Can you please let us know about hdfc life should we buy aur hold for some more time ?
y2kake umarkhan00786
@umarkhan00786, Seems the stock fell today based on the promoter selling stake news. I'm still holding it, buddy... Even though it tried the SL, but stayed above the SL on closing basis... The next crucial support is 628... If it breaks this support, then will drop till 600... Hence, I would suggest a buy above 643 with a SL @ 630, that would ensure the bears losing hold of the position. Hope this helps...
@y2kake, thanks for the valuable information
And, losers ?

I am unable to comprehend. Kindly elaborate.

Have a heart 💞, Sir.

It doesn't gel with your profession of suggesting likely trending research on various stocks investment ideas.

Please be patient & accept any kind of criticism towards your self improvement

Please don't block me from your egoistical website @ in.tradingview.com. That would be an absolute absurd action on your part.

Please maintain an accomodating stance in your life.
y2kake kindPie
@kindPie, Don’t worry, I won’t block you. Because, sooner than later, you would want to block yourself out of my account. For the foolish thoughts you have, I don’t have to accept any criticism from wayward losers in life, like yourself, neither do I hold any accommodations towards such fools. And the correct word is egoTistical. Get a life and make something useful of it rather than just wasting it by scouting ideas on tradingview and posting gestures uncalled for.
kindPie y2kake

Thanx, dear for being a spelling bee.

Please don't think that drawing intricate graphs without enabling ordinary investors understand the intricacies shall in anyway elevate your image in the eyes of investor community.

A good teacher is one who can make a 5th grader understand the concepts of class 12 & not one who leaves his readers clueless & confused.

Carry an accomodating stance, I repeat, for your own good, Oh my dear.
y2kake kindPie
@kindPie, if ordinary investors (especially one as yourself) could understand the intricacies, there would be no need for anybody to go around looking for others’ ideas to trade with. The reason a good teacher won’t teach a 5th grader the concepts of a class 12 is coz they wouldn’t want the students to have missed out on the fundamentals that are the supporting essentials to any intermediate or advanced levels. Which is why it is always wiser to go one step at a time rather than jumping around and falling often. But it may be hard for you to understand because you seem like one of the backbenchers who spent little time studying and the rest of the time criticising your teachers, school and studies. Like I stated earlier, “Get a life and make something of it”.
Such observations and comments are of no benefit, as these aren't supported with logic and analysis.

So best avoided.
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