HDFCLIFE SHORT TRADE (Intraday OCT 17)HDFCLIFE broke channel in 15 min and could move lower. Thank you!
HDFCLIFE trade ideas
HDFCLIFE SHORT TRADE INTRADAY OCT14HDFCLIFE in 15 MIN broke channel pattern and now it could go downside. wait and watch , learn how price action works. Thank you !
HDFCLIFE SHORT TRADE (Intraday OCT 12)HDFCLIFE is bearish at daily level and in 15 min it has broke ascending channel. wait to break previous swing and then find opportunity at retest. Thank you !
Can go short on HDFC Life in weak marketBearish Bias on HDFC Life
-Below major moving averages
-Price breakdown and attempting retest
-RSI breakdown from 40 level and attempting retest
-Weak Relative Strength
-ADX -ve DMI is showing bearish strength
Wait for price action confirmation on Hourly Chart and trade set-up Entry rules
HDFC LIFE INTRADAY ANALYSISPrices have been moving inside a range and currently prices have settled themselves at the support region thus, a trade can be initiated on short side if NIFTY makes a negative move otherwise a bullish stance can be created with a small risk to reward ratio. A price action with volume should be confirmed on smaller time frame before initiating a trade.
How to make tringles successful As we all know In trading many chart patterns are available and we also know how to take entry ,but after entry SL got hitted and trade fail.how to be master in pattern,? let's understand, first of all in which direction we are going to trade in this image we are bull so before taking entry we have to observe previous swings,In this image we can not see properly but in 5 min there is strength visible to bull side and sellers are getting weaker during formation of descending tringle and after breakout we taken entry ,and Boom 💥.
Must check swing strength and candle size in your direction and enjoy your profit.always mark PDL and PDH level for good results.
My English is not so good that's why ignore grammar mistakes 😊.
HDFC life parallel channel HDFC life trade in parallel channel. it can long if come 525 for target 600,680
waiting for breakout above green linefor when insurance sector will be in news targets 610 short term
medium term 650 and above
HDFC looks like breaking its rangeHDFCLIFE on the line chart is creating a triangle patterns, and also seems to break it. If you are on the buy side , you can hold.
HDFC LIFE is ready for blast Hdfc life symmetrical triangle also close to 200 EMA I’m expecting a good move after breakout
HDFCLIFE in Range. Good time to track breakout.#HDFCLIFE is consolidating in range since long.
It's around 35% down after 129% rally from significant low. 512-597 is range to look for while initiating buying at lower levels. #Nifty50 #sensex #StocksToBuy
HDFC LIFE long-swing trade@hdfc life
buy at CMP (BUYING RANGE 575-600) 18/08/2022
sl 530
target 715
confirmation above 620
#RISKY TRADE
HDFC life CMP 541 buy for target 545- 549- 555+ buy @ 540HDFC life CMP 541 buy for target 545- 549- 555+
buy @ 540
HDFC Life - At Strong ResistanceHDFC Life :
Currently at strong resistance
Breaking 600 can lead to strong possible upmove
HDFC Life Insurance Strong Up move expected
1) Channel Pattern has formed since 2020 (Multiple resistances and supports)
2) Since Aug 2021 the stock has been consolidating and given B/O in daily time frame for past couple of days with pretty decent volume
3) It has also Breaked the 200 days moving average.
4) fundamentally the books are strong with huge cash flow and comparatively lesser debt than peers
can hold for medium to long term
(My view : expecting huge up move or slight retrace and then up move)
Disclaimer : Just for education Purpose.
Caution before get in to trading.
Thanks Happy Trading :)
Hdfclife is a good buyStock is travelling within the blue channel....and is at the bottom of the channel....likely to move north.....till it touches the green dot
HDFC LIFE HDFC LIFE Can enter after a small retracement ,,,,Entry range 558-561 ,,,,Target 598 ,,,,,,,STOP LOSS 538. only POSITION TRADE
HDFCLIFE looks a possible rally in placeAfter taking a major support at the trendline, the HDFCLIFE is looking to breakout from the downward trend. Once broken 600+ targets on cards.
Falling wedge pattern in HDFCLIFE
Stock Name: HDFCLIFE
Chart Pattern: Falling wedge pattern
Time Frame: 1D
Entry: Above 545+
long target : 600+
HDFC Life Insurance Company Ltd NSE: HDFCLIFE strong Breakout HDFC Life Insurance Company Ltd NSE: HDFCLIFE strong Breakout from channel Breakout. In Day chart. Time to trade in life insurance stocks . Go for long target 610. Get ready for the profit accumulation. Thank you.
