SBIN trading @ SupportNSE:SBIN
#NSE:SBIN trading @ support and post sustainability confimation can be seen good upside move.
Happy LEarning !!
HDFCLIFE
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.
NSE:HDFCBANK LongNSE:HDFCBANK
#NSE:HDFCBANK bouncing from the same support and created new support and resistance, Both marked on chart.
Trade accordingly, Still got any doubts can ping me.
HDFC lifeHDFC life :
Reasons/Traits :
* Bullish Bat formation can be seen
* It can also be called as Bear Pattern 1-2-3 (Entry stop loss marked); 1:2/3/4 can used as risk reward if it follows
* Price took support @ 0.786 fib retracements levels
* Price also took support @ 200 EMA while 20 EMA cuts 50 EMA from top
* Falling RSI, Stoch and MACD
What can happen next :
Scenario 1 : Price sustaining above 694 level can take it to 700/710/720/740/760/775 levels
Scenario 2 : Price break down below 682 levels can take it 670/656/644 levels
Disclaimer : This analysis is only for educational purpose and not be considered as any trading idea/tip. Please consult your financial advisor before you take any trade and we are no way responsible for your profits/losses. Thank you!
Please do like and share this idea. Thanks
HDFC life insu UPSIDE Pot - Jan-Feb-MarExpected trend for HDFC Life Insurance. 10% upside potential in 20 days.
BUY hdfc life above 675 !!!!!! Target : 900
stoploss : 650
GO really long after crossing 675
you can invest but be careful and have some advisory !
HDFC LIFE INTRADAY ANALYSISDESCENDING TRIANGLE formation in HDFC LIFE.We can short after breaking 50ema and 668 levels .and make 200ema as target 1.For long entry it should break the trendline. Targets are mentioned in the chart itself.
TRENDLINE BREAKOUT It is advisable to take conservative entry .
HDFC Life trendline breakout. Breakout push is huge so after some consolidation you can expect great move.
ICICI Prudential Life Insurance ready for the uptrend!🤩💸🔥Both TECHNICALLY and FUNDAMENTALLY strong stock.💪💪
The company recently posted the best QOQ & YOY result and will very likely post a similarly strong result in Q3 too.
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The stock had given a multi-year breakout in May last year after that from September it was in a retracement phase. With the recent breakout of the last Lower High in the daily timeframe, we can see a strong uptrend from the present level.
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💎@technofunda_trader
Few Important rules from my Trading Philosophy:
1. Buy QUALITY stock.
2. Buy RIGHT, Sit TIGHT- Only sell in loss if the fundamentals deteriorate, problems arise in management or any other similar fundamental issues.
3. Don't invest more than 5-10% in any stock & more than 25% in any particular or related sector.
4. Build position GRADUALLY as the stock RISES.
5. Trade in the DIRECTION of the BIGGER trend.
6. RIDE the TREND. Don't sell your WINNERS early.
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