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
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.
for short term and long term..!!hdfc life is a great stock in it's sector it has huge potenials ..!!
happy trading
HDFC LIFE uptrendHDFC Life can continue its uptrend with recent swing low as stop loss for intraday.
HDFCLife#hdfclife followup... from 560 to now 623.. was confident about move but Volumes were not impressive, next is 650.
Is It Right Time To Go With HFDC Life Insurance Ltd.?Technical Overview (Weekly Chart): On a weekly chart picture is clear, the stock price has made a lifetime high around 650 and fallen from the same levels trice. However, if we see a sequence of falls and rise, then it is clearly showing 85% completion of Inverted Head and Shoulder. Right now the second shoulder is not completed, but it is indicating rally till lifetime high. Major bullish chart pattern on a large time frame, it is a good sign of long term.
Daily Chart: Now come to the small picture and price is trading in a down channel. It is trading below the 20 & 50 DMA and many times resisted from the same levels. Today price has crossed and closed above both DMA, and volume is good. If we see the line chart then the stock has made Double Bottom and now ready for a breakout. Once it breaks the previous Lower High, then the trend will change and there is one small hurdle around 610 between lifetime high.
Fundamentals:
The company is providing life insurance and due to COVID-19 demand has increased. The company is virtually debt-free and expecting good quarterly results. The return on equity is around 20%.
HDFC LIFE super breakout!NSE:HDFCLIFE
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HDFC LIFE POSITIONAL BUY ABOVE 589HDFC LIFE BUY ABOVE 589 CLOSING BASIS
SL 560
TARGET: 594, 605, 611, 618, 625, 632
RISKY ENTRY BETWEEN 550-560
SL 540
Posting for Educational purpose only
Closing Basis means stock need to trade above 589 between 3:20 ~ 3.30 PM
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HDFCLIFEIm not an expert im just sharing my views on HDFCLIFE for tomorrow
Im not responsible for any profit or loss this is not a recommendation
