HDFCLIFE
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...
HDFCLIFE 4H BULLISH GARTLEY !!BUY IN THE RANGE OF 540-544 ONLY !!
SL AND TARGETS ARE GIVEN ON THE CHART !!
HdfcAmc , new beginning !!!!HDFCAMC
daily breakout.
Good to add around 3285-90
for the upcoming levels of 3450+
Good to hole for long term positional may be next a bajaj finserv in coming years.
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HDFC Life InsuranceLevel of 601 =Acted as Support & Resistance BOTH
Level of 567 =Acted as Support ( StopLoss)
#HDFCLife forming bullish Dragon Pattern#HDFCLife has crossed the diagonal XB extension with good volumes.. its a buy!
HDFC LIFE: Ready to move up again, or remain sideways & correct?HDFC LIFE: The trend has been dominant up, the stock has doubled in just eight months time. During thr the last couple of weeks, the stock has been into correction. Now taking rest at the kumo. The RSI is also bouncing from the bullish oversold extreme. MACD is into bullish zone, prices are trading below the ks line, a move above the KS line will re establish bulls into the stock, however if the stock falls into the kumo then, it may drift sideways and some deeper correction may be noticed.
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HDFC Life - Good Chart on weekly timeframeThere has been single side move on weekly timeframe since Apr 2019. Now expecting correct to happen at least till 38% (530) or 50% (494) Fibonacci levels, that would be good buying opportunity.
But not sure it would come to that level or not.
On weekly chart it is closed below 50 EMA
