HDFCLIFE - Breakout and first pullback doneNote: This is for educational purpose only.
There seems to be a bullish engulfing at resistance turned support post first pullback. RSI at 58 which indicates some bullish momentum.
HDFCLIFE
HDFCLife#hdfclife intra or swing view...Inverse HnS Flag... if manages to break below 642, it can go up to 622 or 610 as next targets.
HDFCLIFEUpside Trend
TG1 = 670
TG2 = 795
TG3 = 705
Short Sell (if Support Breaks)
TG1 = 628
TG2 = 615
TG3 = 594
Positional buy in hdfclifeCrossing 52 week + not showing over bot situation
A buy will be interesting with 20% return expectation
Keeping stop @ 615 or as per Comfort.
disclaimer - buy at own risk.
HDFC Life - massive inverted Head & shoulders pattern? It seems to me that HDFC Life is forming a massive inverted head and shoulders pattern, with the right shoulder just completed at Rs. 560 and a breakout from the downward sloping line (details in chart). Neckline and shoulders also pretty well enclosed in a parallel channel.. Only thing that doesn't seem to be tying up is the lack of volume spurt at the trendline break-out, but perhaps it will on break-above neckline.
Height of pattern is around Rs. 300-350, neckline is Rs. 650, would imply move well above Rs. 800... stop would be at low of right shoulder (Rs. 560 odd).. Watch for break above neckline..
Disclaimer: I am not a SEBI registered investment analyst. These are just thoughts/analysis for educational purpose, not a recommendation. Seek professional advice while investing.
HDFC Life Insurance - breakout and retested resistance levelNSE:HDFCLIFE has given breakout to all-time high resistance level and Successfully retested the same level. Good opportunity to enter long.
Inverted head and shoulder/Cup and handle Breakout on HDFCLIFE Inverted head and shoulder/Cup and handle Breakout on HDFCLIFE Target-1 735 Target-2-950
HDFCLIFE on Sm triangle bullish pannet on 1hr time frame HDFC on SM triangle can give breakout of or breakdown from current level with provided levels
HDFCLIFE LONG.....ENTRY NEAR 645,OR above todays high
accumulation zone near 580-540
weak below 520
above all important moving average
Hdfc Life RR 1:2.75Details in the chart
In case if it hits the stop loss, I might reverse the trade and cover up the loss with some profit too.
HDFCLIFE Looking BullishHDFCLIFE has retested its previous swing high and made a bullish candle for the day. It can make an up move from the current levels. The next resistance can be 1.272 Fib level, which is around 730.
Cheers! This is as per my Analysis. Feel free to share your view about this. Please do your analysis before trading/Investing.
Happy Trading.
HDFC Life Insurance - Inverse head and shoulder BOHDFC life has given proper Inverse Head and Shoulder Breakout.
First target - 780
Final target - 975
We might see some good resistance around 740.
This is not a trade call. It is just my personal opinion. Take your SEBI advisor advice before investing/trading.
HDFCLIFEThe stock is about to complete inverse head and shoulder pattern.
CMP: 627
Target: 835, 1078, 1258+
Investment opportunity.
HDFCLIFE Short Trade 15 MinActually MACD will move in downward direction and Stochastic shows it clearly...Risk and Reward mentioned in the chart. Happy Diwali!!!
#HDFCLIFE - LongPrice moving in a channel. Double bottom observed in consolidation phase. BO of channel above 590 can see 640.
Price is near previous demand zone and support line is with standing.
Breaking 645, it forms Inverted HNS and 52W High.
RSI at 40 is supporting this consolidation phase. So expecting minimum chance of breakdown.
Results are in line with expectation.
