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HDFCLIFE

HDFC Life Insurance View*Support Zone *In a Range for many Days *Falling Volumes If 660 Support Zone break Short Tgt Is 620 if 679 Resistance zone will break then Long TGT Will be 720 *Always Enter With good confirmation & Maintain proper Risk Reward. ******* Knowledge Purpose only ******** I am not a SEBI registered adviser. All the information provided by me are for educational/informational purposes only. There have been no promises, guarantees or warranties suggesting that any trading/investing based on any information, will result in a profit or will not result in a loss. >> Visit My Ideas Page for Daily Stock Analysis & check my previous stock analysis how accurate they are for Swing and Intraday Trades<<
NSE:HDFCLIFE
by Ravitejasreevatsav
4
HDFC Life Long opportunityNSE:HDFCLIFE Hello People! HDFC life as you can see is stuck in a channel. I see a really good opportunity here as there is a high probability for a swing reversal. I have three major reasons for entering this trade. First is purely the price action i.e the stock being at the bottom of the channel and might be taking a swing up from here. Second is the presence of a good weekly 50 EMA. The third is the presence of a strong support zone Also, the Risk to Reward ratio is too good to ignore here. It would be great if you let me know your views on this!! HAPPY TRADING!! *STRICTLY NOT A BUY CALL*
NSE:HDFCLIFE
by Traders_Town