HDFCLIFE - Daily chart positional trade.... LONG
HDFC Life is still looking to move towards 650-660 zone till the time 600 is on board. Better to play on the right side. Profit booking may happen near 650-660 and we may see some correction towards 580-590 zone.
buya bove 648 and short below 623
Facing issues near 646/7/8 near all time high if crossed we can good movement otherwise history repeat again we see rejection from that level.
Follow for latest updates CMP- 614 Buy above 616 with the stop loss of 605 Targets- 622, 625, 628
HDFC life seems bullish for the targets of (669-678) / (700-709) / (743-754)
Buy Only if 5 min candle close ABOVE 597.6 SL:4 Points TGT:8++ Points
HDFCLIFE-Short Intraday Only if 5min candle close below 594 SL:4 Points TGT:8++ Points (will update later)
Target : 2% Risk : 1% Please comment for any doubts!
Harmonic pattern tell a lovely story. HDFC Life has a bullish gartley. Levels are marked on the chart. 564 is the Target. SL is 500
HDFC 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 above 576 i.e. breach of channel - for target of 620. Keep 558 or 540 as s.loss.
Clearly, 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...
Date: 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...
Stock 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!!!
IN 1HR Timeframe it breaks the channel formation Downwards CMP- 500 TGT- 490
Resistance zone at ( 533-540) and a strong Markdown from Median line in last session, if both broken hold then target are 550 - 560 - 576.