HDFCLIFE trade ideas
HDFCLIFE DIT SHORT TRADE IN 15MIN TIME FRAMEPrice come from higher time frame (DAILY) supply zone to higher time frame demand zone and 75min trend is down.
In 15min TF fresh supply zone is creat who also have achievement and also 20EMA resistance.
So take short trade
ENTRY-571.30
SL-573.35
TARGET-565.15
HDFCLIFE classic pattern head and shouldershead and shoulders pattern in hdfc life with pullback providing small SL
Base Formation HDFC Life.HDFC life is forming a base. Once breaks out of 600-620 zone and sustains, can head towards ATH.
bullish reversalfibo level of 38.2 is respected along with a steep flag breakout in making for a continuous upmove.
HDFCLIFE FOR SWING TRADEHere are the levels marked ont the charts, if it gives such restest then only we can buy and
buy at 540
SL - 526
target 570
can generate more than 5% returns withing 15-20 Days
Breakout AlertPrice break 200 Day exponential moving Average after multiple time test the line . High probability we will see a continuation move !!
HDFC LifeInvestment Pick:
HDFCLIFE (SIP Pick)
1000+ Target for 5 years.
November Month has been record month in terms of Insurance Business. (Business of 1400Cr+)
Bullish chart, And Potential Breakout Candidate.
HDFC Life - Ascending Triangle BreakoutHDFC Life :
Ascending Triangle breakout Done
Need to sustain 585 for a possible strong upmove
HDFC LIFE TRIANGLE BREAKOUTHDFC LIFE looks attractive
Fundamentals : Strong and good for long term holding.. Consistent on Sales, Profits and EPS, healthy on Reserves Vs Debt!
Technicals : Bullish, Triangle Breakout after reversal at strong support, crossed 200 DMA today on weekly chart!
R 1: 595
R 2: 630
R 3: 675
Support : 520-480
HDFC LIFE IS MOVING TOWARDS UPTRENDhdfclife is breaking 200ema
showing huge volume
ST target can be 590
for educatinal purpose
HDFCLIFE again took support at it’s trendlineNSE:HDFCLIFE closed a candle below its trendline a few days back but yesterday it recovered and gave strong closing. This time we can see it closing above 560 levels. It has been a laggard stock for me. For the last 1.5 years it has been 20% down in my portfolio.
HDFCLIFE gave closing below trendline NSE:HDFCLIFE has given closing below trendline. There is high chances that it can show 520 now.
HDFCLIFE is abou to break it's trend lineNSE:HDFCLIFE is looking weak. If it breaks trend line then it can show 520 soon.
HDFC LIFE ! looking Good for a long .NSE:HDFCLIFE
One can Buy If price sustains above the given trendline !
HDFC Life LongNSE:HDFCLIFE
Long can be considered in this script at Rs 530 with SL at 515 Target 565. level also given on chart.
Disclaimer: author may enter in trade, take your own decision , This is an trading idea not an trading or Investment advice
HDFC LIFE Hdfc life seems positive trend bulish level 540 level rejected then pick lower level 520 best level to buy target look upside 580 and 620 long
...
