HDFC life on life supportHDFC on the support over couple of weeks and looks strong over the support lines anything below the support lines will go freefall.
Caution
HDFCLIFE trade ideas
HDFC Life daily chart structureHDFC Life is reversing well from a long term support. Waiting for a channel + horizontal resistance breakout.
30 Apr Nifty and Bank Nifty chart AnalysisNifty and Bank Nifty chart Analysis
Fed policy
Fear selling
Buy on dip
HDFCLife#HdfcLife
Seems like all the selling is over, company posted decent results.
580 seems to be new support zone.
Stock trading above 20 dma.
good bet for LT.
HDFC LIFE having compression, trendy move aheadHDFC LIFE getting consolidation with compressing range, wait for breakout or breakdown..
Supports are 550 & 535
Resistances are 580 & 595
HDFC LIFE swinghdfc life swing breakout and pullback done and then good volumes can be bullish with sl enter
Hdfc life Short termHdfc life seems triple bottom in daily
leads rally may continue further
concentrate if price sustain above 550 in daily
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.
HDFCLIFE - Change in polarity on Monthly chartGood opportunity for a long-term investment with a small SL.
Can buy at current level 550 with SL below 518 (day close).
HDFCLIFETrade Idea
-> Channel Formation.
-> Descending Triangle formation on smaller TF.
-> Weekly Volume Profile is drawn. (showing similar levels)
HDFC LIFE Trend Reversing - Long OpportunityTrend reversing, moving upside for recent down trend. RSI divergence formed 3 weeks back which supporting the trend reversal. Higher highs and lower lows are also forming. May be it will be good to enter after crossing 50ema of 564.0 for additional confirmation of trend reversal.
HDFCLIFE 615+ WATCH LONG SIDE TRADE. 12%+NSE:HDFCLIFE
Trade Logic | 20 DMA BREAK. REVERSAL LONG POSSIBLE
Entry 550
Stop 527
Target 615
RR 2.0+ 2nd Target Open
Details on chart as always
1 FREE Trade Idea Daily/Weekly.
Trade Size 5%- 10% Max
Max Trades 10-20/ Month
Time Frame 1 WEEK - 1 MONTH. Max
Diversify Bet Small Lose less. | Our Motto.
#TRADEWORLD | #MARKET_MAGIC
----**All the Stocks shared here are only for Analysis Educational Purposes.
Few Stocks Shared here can be in My Personal Trade Portfolio also with Better Trade Levels***----
TEST FIRST / THEN TRADE
HDFCLIFE Long short swing Can go long on hdfclife fut. Stock is strong on RSI and RS and forming a rounding bottom pattern.
Rest is evident from chart image.
Disclaimer: Only for educational purposes. Trade at your own risk.
HDFC LIFE Trend analysis
fibonacci
risk reward ratio 3.27(favourable)
sl and target on chart
buy CMP
just for educational purpose...
HDFCLIFE BUY 535The stock has taken a support arount 500 and crossed over its down trend crossing previous lower high and closing around 530
waiting for retest/strong volumes around 530
INTRADAY : ENTRY ABOVE 533 Tg1 543 Tg2 548 SL 526
SWING: ENTRY ABOVE 533 Tg1 545 Tg2 562 SL 523
HDFC Life up for a good moveHDFC Life has been in a correction for over 6 months.
RSI and price made positive divergence, and price consolidated for a few trading sessions at the low level.
Yesterday's big green candle has broken out but has average volumes.
if the price sustains above the upper level marked on the chart, it will be a good buy for swing trade.
SL- Low of the breakout candle/ swing low made before the breakout candle
Target - Open
Not buy/sell advice, just an observation
#Hdfclife cash : Looks good around 534-535 Strict SL 525#HdfcLife cash -Positional call
30 March 2022
Looks good around 534-535
Strict stoploss 525
Target 558-560/600
cmp 542.30
HDFC Life - Weekly ChartHDFC LIfe
Weekly Chart
Support level respected
RSI at low levels
expecting reversal
