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Hdfclifeanalysis

HDFC LIFE - APPROACHING DEMAND ZONESymbol - HDFCLIFE HDFC Life Insurance Company is engaged in carrying on the business of life insurance. The Company offers a range of individual and group insurance solutions. The portfolio comprises of various insurance and investment products such as Protection, Pension, Savings. HDFC Life is approaching demand zones on charts. 500 - 540 is a major support zone for HDFC Life. Stock is currently trading at a good valuation. I'm seeing a positional trade opportunity on buy side. I usually trade in futures but this time I'm taking this trade in cash as general elections are due in June which is a major event for market makers. I'm investing 50% allocation today at CMP 540. I'll invest 50% more at 510 level & will hold this position with 495 as SL. Targets I'm expecting on long side will be 580 - 615 - 640 - 675. I'm ready to hold this trade for 3 - 6 months. Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can track it for educational purposes. Thanks!
NSE:HDFCLIFELong
by akshit_official
HDFC Life Insurance Company Ltd - Break Out OpportunityDate : 14-Mar-2024 Rating : Buy - Positional Trade LTP : Rs. 622.25 Targets: (1) Rs. 648 --> (2) Rs. 710 --> (3) Rs. 746 --> (4) Rs. 775 SL : Rs. 600 Technical View: • NSE:HDFCLIFE is in its primary uptrend since Mar-2023. • From Dec-2023 to Feb-2024, It was going through secondary down trend within primary uptrend. • NSE:HDFCLIFE has broke out from its secondary down trend on 1-Mar-2024. • RSI is at 61.67 which is in buy zone and supporting bullish sentiment. • MACD is at 6.71 which is giving bullish signal. • NSE:HDFCLIFE is looking strong from here onwards to achieve the historical levels mentioned as targets above. Disclaimer : I am not a SEBI registered analyst/consultant and not recommending anyone to take any BUY or SELL position in stock market. Investing in stock market is risky and one should do a self analysis and validation before investing in stock market.
NSE:HDFCLIFELong
by vicky252
HDFCLIFE: Impulsive riseStock is rising in an impulsive manner from Oct'23 low of INR 600.75 of which 3rd wave is already concluded at INR 695 and currently stock is correcting lower in wave-4. As per the current price action stock has taken a support on the upper boundary of the Impulse channel 1-2 and is hovering above 38.2% Fibbonacci retracement zone which is likely to hold in the coming days. Once the price cross above 685 , that will be the final confirmation that prices have started it's 5th wave which shall take the prices towards INR 720 zone.
NSE:HDFCLIFELong
by TradingSutra
HDFC LIfe Insurance Short Term Long Trade IdeaHDFC LIfe Insurance Short Term Long Trade Idea Buying levels: Best Buying/Accumulation Zone between 644 to 655 Stop loss below 639 1st Target 677 t0 685 2nd Target 700 Plus Disclaimer: I do not give any tips or buy sell recommendation I only teach trading strategies. These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my view. Please consult your Financial Advisor before making any trading decision
NSE:HDFCLIFELong
by sbkurandwad77
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.
NSE:HDFCLIFELong
by deeptinseth
#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:HDFCLIFELong
by linesandlevels
Simple Trade Setup | HDFCLIFE | 16-12-2021 [ INTRADAY ]NSE:HDFCLIFE Observations: 1) On 1hr time frame, we can see it has major suppor range of 660-665 level range. If it sustain above it then we can see an good upmove. Also we can see the resistance Trendline. Please refer below chart : 1hr Time Frame. ------------------------------------- Trade Setup for Date: 16-12-2021 1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action. 2) Everything is mentioned on the chart. I hope it is easy to understand. 3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level. 4) Avoid gap up or gap down chase. Wait and trade between levels. Please refer below chart for levels. Hope I made it easy to understand it. Do comment your doubt or suggestion. Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
NSE:HDFCLIFE
by Trading_hawk
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