HDFCLIFE trade ideas
hdfc buy target 680,690,710,720, sl 630,622,600 max head and shoulder pattern with bullish engifting great opportunity and soccer pattern to
HDFC LifeHDFC Life
CMP 643
There are 2 possibilities -
1. It may hit fresh ATH accumulating buyers
2. It may go down respecting the rising wedge pattern
It's our job to keep the SL tight at 625 if taking any fresh trade at this level. However, probability is more on buy side.
HDFCLIFE pullback at resistance Simple breakout and retest the level trade. The closest swing low is too far so we choose high at 613 as SL
HDFCLIFE is retesting BO level and ready for new ATHNSE:HDFCLIFE
HDFCLIFE is retesting BO level and ready for new ATH.
We can go long with 625 as SL.
HDFC Life - trading at support - day close above 650?Levels mentioned on the chart. Interesting setup and day close above 650 can be a buying trigger
HDFCLIFE - Breakout and first pullback doneNote: This is for educational purpose only.
There seems to be a bullish engulfing at resistance turned support post first pullback. RSI at 58 which indicates some bullish momentum.
HDFCLIFEStock is Looking Strong with a base near 600 levels, with rising volume & oscillator supportive zone.
HDFC LIFE(Weekly Head and Shoulders, Daily Triangle Pattern)On Weekly chart we got 4 to 5 resistance on the trend line I marked it with arrow also it formed triangle pattern. Once it cross the above trend line we can go for Long.
HDFCLIFE | Buy above 647 | Target :740 | SL : 605 A good buy above 647 for a target of 740. SL for short term traders - 605 | Long term investments SL - 486
1. Cup and Handle formation - Breakout above resistance (647)
2. Convergence to long term trend line possible as volumes are good.
Trendline Breakout-HDFC Life Disclaimer: Don't just blindly Trade or Invest, learn and then trade. Manage your risks properly.
This analysis is purely for EDUCATIONAL purpose
HDFC LIFE INSURANCE GO FOR LONG......30 MIN TIME FRAME ONLYIF CLOSE ABOVE 651 APPROX THEN GO FOR LONG...
TARGET 1 = 660 BOOK PROFITS HERE FIRST
TARGGET 2= 670 BOOK PROFITS HERE
TARGET 3= 680 BOOK PROFITS HERE
STOPLOSS = 638 APPROX.......
IF AGREE PLEASE LIKE AND FOLLOW US FOR MORE UPDATES.......
HAPPY TRADING FRIENDS....
HDFCLife - Long | Should respect that strong support and go upHDFCLife gave a perfect breakout after 3 times getting rejected from resistance. Now, it is coming to retest the support and will start the upward movement. I don't think it could break down, your suggestions are most welcome :)
Thank You.
HDFCLIFE | Excellent risk reward & Rejection downsideHDFCLIFE | Excellent risk reward & Rejection downside + RSI divergence
CMP : 570
Target : 640
Stop loss : 540
1:7 risk reward setup :D
HDFC LIFE Catch before the moveHDFC Life has broken out of a inverted H&S pattern on the weekly. I see it entering the wedge on the hourly time frame as well.
Buy above 676 on a closing basis SL 655 and target 695/700 NSE:HDFCLIFE
This is just for educational purposes. Please reach out to your financial advisor before investing
