HDFC LIFE - Monday TradeStock is trying to take support at Trendline which has been tested multiple times. Safe to short below 706/705..If bounces from support then buy above 715 in Intraday
HDFCLIFE
HDFC life long tradeBuy HDFC life after the BO of TL as well as resistance area above the 722 for first target price of 745 with SL of 707. half quantity can sell at 745 and shift the SL . remaining half qty can take advantage to ride the massive trend of another life time high.
hdfclife intraday view for todayhdfclife share has made a good pattern and ready for further up side move
so its expected that it can continue once it breaks its resistance of 720 for the target of 724-726-730
HDFC BUY ZONE || 5% UPSIDE || CHANNEL + SUPPORT ZONE1. We started with a Daily Time Frame to check the trend ! Upside.
2. We switched to 4H time frame to find a channel pattern forming.
3. We switched down to 2H and 1H time frame to plot the support and resistance zones.
4. On hourly time frame we also got confirmation on RSI chart which shows an oversold zone.
5. We found that the current zone is the retest on channel resistance along with old resistance zone on Hourly chart. Also, we can see some long wicks forming on the lower side which means buyers are indeed active here & can be a good zone to buy for a good 5% move in a swing trade.
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Hi reader/trader ! The trade is posted here to make us all self-efficient and learn from our mistakes instead of learning from a trading paid course.No matter if we are in loss or profit, I promise to keep my loss short and trail the profits.
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HDFCLIFE || Inverse Head And Shoulders ||SWINGInverse Head And Shoulders :--
The price falls to a trough and then rises; the price falls below the former trough and then rises again; finally, the price falls again but not as far as the second trough. Once the final trough is made, the price heads upward, toward the resistance found near the top of the previous troughs.
Buy - Above 730
TG1-880
HDFC LIFE - Bullish on Positional TradingHDFC Life has been taking support at around 685 level (which is the pivot level) and looks bullish from here.
#HDFCLIFE Inverted H&S BO#HDFCLIFE Inverted H&S BO
Can be accumulated for positional targets. Details in chart.
supply or short??????hdfc life is forming rounding top on hourly chart at 670 it will become perfect short candidate with stoploss of 700 and for target of 636 with nearly risk reward of 1:1. still learning please rectify if wrong.
HDFC Life - BuyWhen there is a sale in market, we need to find best among the best
Have found something interesting for this week
HDFC Life:
Higher High - Higher Lows formation
Weekly Trendline support is around 660
Portfolio quality stock
HDFCLIFE - SWING | Golden OpportunityHDFCLIFE is a fundamentally quality stock and is giving 3rd opportunity to be added in portfolio if missed in November and December.
After making Inverted Head n Shoulder in November and rising to life time high ,stock tested the rising Trendline(purple) in December. Now again stock is falling to test the same TL. It can fall up to 657..647 levels in a day or two before bouncing off to ATH soon. Keep in radar !!
Head and Shoulder Pattern in HDFCLIFE sell below 702If HDFCLIFE breakout the support and trading below 702 then possible further downfall in this stock up to 675. Only Short position if trading below the head and shoulder support.
watch for Head and shoulder breakdownShort below 702 only if it breaks neckline and sustain
target = 685, 675
HDFClif, LONG. It just broke the Monthly Resistence.HDFCLIFE is looks good for long position
It brokes the Resistence and now Sky it the limit.
I'm expecting long over that support area where i'm expecting price to Retest.
