HDFC Life (Bullish)

Stock is trading at 28% discount from all time high levels.

HDFC Life (Daily):
1. Made Higher Highs and Higher Lows
2. Reversal from 78.6 Fibonacci Levels
3. Positive Crossover of 5,13 Days Exponential Moving Average
4. Gave Breakout with good volumes from the range
5. Targets-560, 595

Addl Points:
1. FII/FPI have increased holdings from 30.12% to 30.45% in Dec 2021 qtr.
2. Mutual Funds have decreased holdings from 4.65% to 4.27% in Dec 2021 qtr

Notes:
1. The above analysis is just for educational purpose.
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