HDFCLIFE seems to be entered into consolidation mode againNSE:HDFCLIFE is consolidating for the last 3 days. Seems like it would not break 725 and respect this support.
HDFCLIFE trade ideas
Long HDFC LIFE INSURANCEThis scrip had been in an uptrend for a long time, now this scrip brokeout from a range and retesting the trendline. Swing traders may consider to long this scrip if there is a strong bullish candle near the trendline.
It may even be a fake breakout so long after confirmation and do maintain SL to minimise the risk.
LongStock looking gud at this price multiple tf Breakout ,then news based fall , the. Sustained level of 730 now
Enter -739-40
T1-750
T2-774
Sl -720
Risk reward is gud
Taking support from 730
Lower wick is long , indication of bullish ...
In next two weeks may touch high again
HDFCLIFE is looking goodNSE:HDFCLIFE can show 740-750 levels soon if it keeps respecting 725 levels.
HDFC LIFEHDFC LIFE ek din market ek hi jagah pr hold kiya hai jaise hi market 740 ke up close hota hai to hmm log buye kre ge aur T1 760 baniye ge ok , aur marke niche jab aaye to is 729 level ko breack hone ke bad hmm log sell kre ge aur 200 ema fist T1 leye ge
POSITIONAL #KASH_STOCKHDFCLIFE: After the breakout of the Inverse Head & shoulder pattern stock was in sideways and now given breakout. as we can see after breakout it has some profit booking so we will wait for the reversal on the chart to trade. As per the IHNS pattern, we can see the target of 850+ in the coming months/year.
Keep SL @ 716.
It is long-term positional trade view
HDFC LIFE ( Life time high breakout) must in portfolio
buy range- 720-735
target- 770-800-830
term- short
HDFC LIFE - Now Good Upmove PossibleHDFC life has given all time high breakout after good consolidation. Now stock has full potential to move upside.
Portfolio Stock HDFC LIFE
When insurance is part of life that means now it is essential in everyones life.
i think 90% knows actual value of Insurance in Corona period. and now it becomes need.
Buy at cmp 750
And add on every dip or go with SIP in same stock.
Hdfc life insurance breakoutAs per the analysis seems some up move possible
Camarila R4 breakout
20 50 200 moving average above
20>50>200 - having the more advantage
Day volume above 20 days moving average
Above is based on my daily strategy As per the analysis seems some up move possible
Camarila R4 breakout
20 50 200 moving average above
20>50>200 - having the more advantage
Day volume above 20 days moving average
Above is based on my daily strategy
nice breakout in hdfc life with volume , good upside possible nice breakout in hdfc life with volume , good upside possible
HDFCLIFE #Watchlist
#HDFCLIFE (W):- 758 CMP, LOOKS GOOD FOR MORE UPSIDES :)
1) Rectangle Breakout Done :)
2) Volume Breakout
#Disclaimer:- View shared is for educational purposes only. Conduct your due diligence before making any trading/investment decisions.
#hdfclifeinsurance potential breakout continuation#hdfclifeinsurance potential breakout continuation
broke out of a resistance zone with a wide range bullish candle. Insurance sector is bullish.
stop loss could be below the breakout and entry could be above current candle high for swing trades
momentum and trend is bullish in all timeframes and breakout is likely to continue more.
HDFCLIFE | Channel support + Bullish confirmation 15%HDFCLIFE | Channel support + Bullish confirmation 15%
CMP : 671
SL : 650
Target : 760
1:4+ risk reward setup
We already holding for long time - If holding that chart (Reference attached) don't disturb that position this is just a short term / momentum opportunity. Treat this seperately.
Bullish HDFCLIFEBuy = 770
SL = 720
Target = 880
Bullish HDFCLIFE HDFC LIFE Insurance buy for short term
HDFCLIFEDot level achieved. Hope you guys enjoyed profit. Dont forget to follow. Reference chart for your support is attached
Quality trade in HDFC Life - Textbook ScenarioThe above chart is of Weekly Timeframe. We can observe that there was a huge long term resistance at 660 levels which the stock broke in the month of November 2020. After the breakout, the stock has been consolidating at this previous resistance for the past 9 months. It is consolidating in a zone of 660-730 thus forming a Darvas Box.
Why trade this stock?
1. Stock consolidating at previous resistance which states that the resistance has now converted into support.
2.Stock is forming a Darvas box. In case of Darvas box, any breakout on the either side (top or bottom) will lead to good momentum on the respective side.
3. In this case, the trade is clear cut bullish since the stock's previous trend was bullish rally with a breakout and further consolidation.
When to enter?
1. You can pick up this stock now trading at 690-700 levels only with a strict SL of 650.
2. You can buy when this stock gives a daily closing above 720 with a SL of 680
When to exit?
1. The first target is calculated according to the simple Darvas box rule which states that the distance the stock will move on either direction will be equal to the length of the Darvas box or length of consolidation range. Here the length of the Darvas box or range of consolidation is from 660-720/730 i.e. Rs 60-70. Thus the upside target should be= (Rs 720 + Rs60/70) = Rs 780/790 ~800
2. If you apply fibonacci retracement tool, then T1 comes out to be 780, T2 comes out to be 830.
Happy trading!
Good time to accquire?after a long consolidation its given a breakout
medium term immidiate targets can be 825-900 levels.
long can be very good can go up 1000 levels.
Sector : Insurence (has a huge market in india and good for long term(5-10 year can be a good time).)
Fundamentally good company has a great blance sheet.
This is just my analysis please do ur own due deligence.
HDFC Life Near SupportHDFC Life CMP 663
Buy at 660
SL 625
Target 740
Duration 3 Months
Please Note: Buy in small quantities with target of 5% of total portfolio size.
HDFCLife - Approaching Strong support - Bounce back possibilityHDFCLife :
Approaching a Strong Support
May Bounce back
SL 635
HDFCLIFE is looking bullish after a long timeNSE:HDFCLIFE has been looking bullish for some time. It had been cracking for so long time and now finally it has started showing good move. Soon we can see 720-725.
