HDFC Life - longHarmonic pattern tell a lovely story. HDFC Life has a bullish gartley. Levels are marked on the chart. 564 is the Target. SL is 500
HDFCLIFE
LONG OPPORTUNITY ON HDFC LIFEHDFC LIFE looking good for long having given breakout in Flag pattern with good volume.Buy around CMP with SL at 555 and TGT of 600-612
HDFC Life Insurance - Buy dips with a s.loss of 558, Target 620/HDFC Life Insurance - buy above 576 i.e. breach of channel - for target of 620.
Keep 558 or 540 as s.loss.
HDFC life share on bullish modeClearly, We have seen daily BO given by the HDFC Life share. In this sideways market only a few stocks are able to get the good performance. so after deep analysis we have got the stock. so we can take the long entry above 548 & till the target price of 572 with SL of 541. Stock is on bullish trend on TFs & forming higher highs. Also the neckline of double pattern has been broken on the charts which is again the sign of bullishness. so add the stock in your watch list to see the further price action movement.
Always do trading as per your Reward to Risk ratio means Never risk more than you can afford to lose on a single trade. Please keep patience & wait for the levels means Sit and wait for the right opportunity. Request to like & follow for more such ideas of technical analysis learning.The idea sharing is for educational purpose only. In case any suggestion advice required feel free to ask .
HDFC Life_Long call 535, 570 & 600Date: 18 June 2020; Time: 3.20 pm
HDFC Life (CMP 515.70)
Stock is moving in a channel. The price is also showing breakout at the small ascending triangle pattern which is very close to its 200 DEMA.
Stock has multiple pattern. on medium term perspective it has symmetrical triangle pattern.
Short term target = 535; duration 6 trading sessions; SL = 507
Medium term target= 570 & 600; duration 25 trading sessions; SL=480
HDFC LIFEAs per Ichimoku study it has completed its pullback post the breakout within a rising channel which suggest a probable rally till 575 provided it does not go below 495.
INTRADAY | HDFC LIFE | SHORTStock looks bearish below 500
Selling below 495 looks good
Target1- 483
Target2- 473
Target3- 463
RECOMMENDED TIGHT SL
Disclaimer : Only for educational purpose. Please consult your financial advisor before putting money into the market!!!
HDFCLIFE - OPPORTUNITY FOR SELLIN 1HR Timeframe it breaks the channel formation Downwards
CMP- 500
TGT- 490
Strong resistance zone with MedianResistance zone at ( 533-540) and a strong Markdown from Median line in last session, if both broken hold then target are 550 - 560 - 576.
Trade Setup for HDFCLIFE-Go long on HDFC once there is a Trend line Breakout.
-it will break the trend line within few sessions
-The Stock Looks Strong.
HDFCLIFE breakout tradeIn a daily time frame HDFC LIFE has given a decent breakout.
Also the market is expected to open higher so positive for this
Hdfc life 2 hr analysis Hi all,
Hdfc life is in channel pattern.. but now there is trend reversal... inverted pattern formed...
RSI Is showing reversal indication....
SHORT - HDFCLIFEShort HDFC Life below 506 with SL at 520 and Target at 458.
Disclaimer : I am not a SEBI registered investment advisor. All views expressed are for educational purpose only. Kindly consult you financial advisor before trading or investment. I may or may not have position in the stocks described for trading or investment view.
HDFC LIFE Short = Multiple Time Frame Confluence Price ActionSwing Trading = Short NSE:HDFCLIFE
Monthly Time Frame = Short = Down Trend Price Action
Weekly Time Frame = Short = Down Trend Price Action
Daily Time Frame = Short = Down Trend Price Action
Already shown in the Main Idea
75mins Time Frame = Short = Down Trend Price Action
Time Frame Confluence = Down Trend
Monthly, Weekly, Daily and 75mins Time Frame all show Down Trend Price Action
Short = 453.35
Target = 401
Stop Loss = 500
If you Continue Trailing the Stop Loss, it can give good returns, Aggressive Target can also be 345 considering Weekly is in Down Trend, so next Weekly Low will be lower than 340...
