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
HDFCLIFE trade ideas
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
STOCK:- HDFCLIFE 1WThe stock has given breakout of the Head and Shoulder pattern
and has retested to the previous resistance
one can go long for the target of 710 and 850
SL :- 555
HAPPY INVESTING
HDFCLife#hdfclife intra or swing view...Inverse HnS Flag... if manages to break below 642, it can go up to 622 or 610 as next targets.
HDFCLIFEUpside Trend
TG1 = 670
TG2 = 795
TG3 = 705
Short Sell (if Support Breaks)
TG1 = 628
TG2 = 615
TG3 = 594
HDFCLifeA golden Oppurtunity to Invest in HDFC Life - It is lowest price of all HDFC family Shares and It is at Bottom of Darvas Box, Once it breaks it, It will move towards 1000, Go for It.
Positional buy in hdfclifeCrossing 52 week + not showing over bot situation
A buy will be interesting with 20% return expectation
Keeping stop @ 615 or as per Comfort.
disclaimer - buy at own risk.
HDFC Life - massive inverted Head & shoulders pattern? It seems to me that HDFC Life is forming a massive inverted head and shoulders pattern, with the right shoulder just completed at Rs. 560 and a breakout from the downward sloping line (details in chart). Neckline and shoulders also pretty well enclosed in a parallel channel.. Only thing that doesn't seem to be tying up is the lack of volume spurt at the trendline break-out, but perhaps it will on break-above neckline.
Height of pattern is around Rs. 300-350, neckline is Rs. 650, would imply move well above Rs. 800... stop would be at low of right shoulder (Rs. 560 odd).. Watch for break above neckline..
Disclaimer: I am not a SEBI registered investment analyst. These are just thoughts/analysis for educational purpose, not a recommendation. Seek professional advice while investing.
HDFC LIFE -LONG classical patterns and PA at playNSE:HDFCLIFE
Classical pattern at play and sector rotation seen in broader indices hints at respectable appreciation for HDFCLIFE. Chart is self explanatory and one can enhance RR with PA on Lower time frames.
HDFCLife, Long for target of 950HDFC Life has broken out of inverted head and shoulder and is trading above neckline (645 level)
Target: 950
Stoploss: 555 (below shoulder)
HDFC Life Insurance-Inverted Head and Shoulder patternHDFC Life Insurance shows inverted head and shoulder pattern. Can go long for further up move. Buying range can be between 630 to 650 or even at cmp. Can see up move from here. Stay invested :)
HDFC Life Buy CallBuy @ cmp 668
Target 800 & 900 for Short-term amd Medium term traders.
Duration:- 1-2 months
