HDFC Life opportunity to BUYHDFC life has started traversing in uncharted territory overcoming the previous resistances.
Consider buying this stock for long term (10-12 months) , Targets have been mentioned in chart.
Keep stop loss of 630 on weekly closing basis.
*** ideas are my own *** Invest as per your risk Appetite
Hdfclifelong
HDFCLIFE buy signal at 660/630 , Broke its resistanceI will look at buying AMBUJACEM because :
HDFCLIFE has broken its major resistance.
It has high chances of reaching 700-900 levels .
It has broken the resistance and that resistance may act as support .
Entry : 660/630
Target : 700/780/900
Stop loss : 600
HDFC Life Insurance - Inverse head and shoulder BOHDFC life has given proper Inverse Head and Shoulder Breakout.
First target - 780
Final target - 975
We might see some good resistance around 740.
This is not a trade call. It is just my personal opinion. Take your SEBI advisor advice before investing/trading.
HDFC life ready to breakout from a resistance?HDFC life is now attempting to break a resistance that it has failed to break previously (multiple times)
The resistance testing has been marked with arrows.
A decisive break will be a trigger for a long trade in HDFC LIFE.
Please follow and like. :)
NSE:HDFCLIFE