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...
Key Levels for HDFC LIFE INSURANCE : INTRADAY CHART ANALYSIS
UPPER BREAKOUT~521.50
FIRST TARGET~526.20
INTERIM RESISTANCE~531.20
FINAL RESISTANCE~536.10
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LOWER BREAKOUT~514
FIRST TARGET~510.40
INTERIM SUPPORT~505.60
FINAL SUPPORT~499.60
My views are for educational purposes only.
Please trade with caution and consult your financial...
