HDFC life - Strong Support on weak MarketHDFC life - is on strong support zone can accumulate for long and can be used for 3-5 weeks short with the risk reward for 1:3
*only for education*
HDFCLIFE
HDFC Life Target 2022Breakout = Day Candle Close Above @61
Target Upside = @660
Stop Loss = Day Candle Close Blow @560
NSE:HDFCLIFE
HDFC life chart analysis There is a strong SZ on Daily wkly and monthly in HDFC life
One can take entry @ 619/620
Strictly follow SL @645
T1= 577
T2= 550
Further can trail it ...
HDFC LIFE INSURANCE TARGET ACHIEVEDFollow me for more such breakouts if you also want these breakouts then contact me.
you'll be receiving the intraday and positional charts on a daily basis.
INVERTED HEAD AND SHOULDER IN HDFC LIFEInv H&S in HDFC Life
Active Above 556
SL 552
Target 562-563
Idea Invalid Below 551
HDFC life on life supportHDFC on the support over couple of weeks and looks strong over the support lines anything below the support lines will go freefall.
Caution
SBIN trading @ SupportNSE:SBIN
#NSE:SBIN trading @ support and post sustainability confimation can be seen good upside move.
Happy LEarning !!
HDFC Life (Bullish)Stock is trading at 28% discount from all time high levels.
HDFC Life (Daily):
1. Made Higher Highs and Higher Lows
2. Reversal from 78.6 Fibonacci Levels
3. Positive Crossover of 5,13 Days Exponential Moving Average
4. Gave Breakout with good volumes from the range
5. Targets-560, 595
Addl Points:
1. FII/FPI have increased holdings from 30.12% to 30.45% in Dec 2021 qtr.
2. Mutual Funds have decreased holdings from 4.65% to 4.27% in Dec 2021 qtr
Notes:
1. The above analysis is just for educational purpose.
HDFCLIFE - Change in polarity on Monthly chartGood opportunity for a long-term investment with a small SL.
Can buy at current level 550 with SL below 518 (day close).
HDFCLIFE BUY 535The stock has taken a support arount 500 and crossed over its down trend crossing previous lower high and closing around 530
waiting for retest/strong volumes around 530
INTRADAY : ENTRY ABOVE 533 Tg1 543 Tg2 548 SL 526
SWING: ENTRY ABOVE 533 Tg1 545 Tg2 562 SL 523
HDFC Life up for a good moveHDFC Life has been in a correction for over 6 months.
RSI and price made positive divergence, and price consolidated for a few trading sessions at the low level.
Yesterday's big green candle has broken out but has average volumes.
if the price sustains above the upper level marked on the chart, it will be a good buy for swing trade.
SL- Low of the breakout candle/ swing low made before the breakout candle
Target - Open
Not buy/sell advice, just an observation
HDFC Life - Weekly ChartHDFC LIfe
Weekly Chart
Support level respected
RSI at low levels
expecting reversal
HDFCLIFE - Ready To Bounce HDFCLIFE
Buy-Above 530
Sl-500
T-563 600 650+
A short term bounce can be seen above 530. The stock ha been in a decline phase since Sep 2021. Sl will be last swing low near 500.
HDFC Life future20/03 educational purpose only
buy on dips, cmp 530.80
sl below 519.20
targets around 540 / 564 & 575
can buy 545 ce with SL according to risk capacity
NSE:HDFC trading @ ResistanceNSE:HDFC
#NSE:HDFC trading bullish and locked upper circuit, breaking the circuit may result good moves.
Levels marked for practice.
Happy LEarning.
HDFC Life future*** educational purpose only
buy above 522/523 zone
sl according to your risk capacity
target 570+++
Hdfc Life insurance Buy target @517 Hdfc life insurance after correction of 35 % the stock shows pull back a 10% target can be seen. buy at cmp
Good time for accumulationNSE:HDFCLIFE
Guys start buying hdfc life but be very careful and take positions little by little. Like if I have to invest 100 rupees in the stock I would take a position of 10 rupees(if brave enough take a position of 25 rupees) now and increase it strategically. The stock currently trades at a P/E of 90+ so we may have further corrections but a great time to accumulate this gem. We can later average upwards if needed.
#HDFCLIFEINSURANCE
NSE:HDFCLIFE
📌 To Trade on This Chart, You Should Have Reversal Trading Knowledge. As Harmonic is One Of The Best Reversal Trading Strategy, But Always Remember That Harmonic Patterns Also Can Fail (there is no holly grail In Stock Market). That's Why One Should Must Have Knowledge Of Reversal Trading To Trade On Harmonic Patterns .
📌 That Dash Line Is Called PRZ, From That Dash Line To that Horizontal Simple Line Area Is Whole PRZ(Price Reversal Zone).
******whatever charts or levels sharing here or on any other platforms are just for educational purpose only, Not A Recommendation To Buy Or Sell. Please do your own analysis before taking any trade on them. We are not SEBI registered.
