After posting good results can it revive the HDFC LIFE from the channel Expecting it to break keep it on long portfolio!
Weekly breakout of an year long consolidation Trading above important moving averages.
The share is at a make or break level. The budget was not in favor of the insurance sector. As per the parallel channel the share is at a support level. Mostly all the insurance company saw a correction today. Tomorrow the market should give us a positive candle i.e. confirmation candle. Post which we can buy the share. Please let me know your thoughts by...
NSE:HDFCLIFE is still strong and looking bullish. It’s the only scrip that looks green in this red environment. If it crosses 618 levels then above levels will get unlocked till 650.
Here are the levels marked ont the charts, if it gives such restest then only we can buy and buy at 540 SL - 526 target 570 can generate more than 5% returns withing 15-20 Days
Range bound action observed in HDFCLIFE. Trading in ascending triangle pattern.
hdfclife is breaking 200ema showing huge volume ST target can be 590 for educatinal purpose
NSE:HDFCLIFE closed a candle below its trendline a few days back but yesterday it recovered and gave strong closing. This time we can see it closing above 560 levels. It has been a laggard stock for me. For the last 1.5 years it has been 20% down in my portfolio.
NSE:HDFCLIFE has given closing below trendline. There is high chances that it can show 520 now.
NSE:HDFCLIFE is looking weak. If it breaks trend line then it can show 520 soon.
NSE:HDFCLIFE Note : 1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle. 2. Close, should be good and Clean. 3. R:R ratio should be 1 :2 minimum 4. Plan as per your RISK appetite Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose!
triangle pattern breakout ttarget point 534 -538 intrady or swing
HDFC LIFE at low risk zone Fundamentally very strong Good for Long term Bought at 602
HDFC life trade in parallel channel. it can long if come 525 for target 600,680
for when insurance sector will be in news targets 610 short term medium term 650 and above
Wait And Watch ?? Look for Low risk, High reward, and High Probability setups- Things to Remember while Trading with the Trend 1. Know what the trend is. 2. The best trades are made in the direction of the trend. 3. Assume that the main trendline or moving average will hold. 4. The longer the moving average is, the better it defines the trend. 5. Wait for the...
Hdfc life in wolf wave pattern at one hr time frame. And this for educational purpose
Nice Break out above previous high. Long watchlist