HDFCLIFE trade ideas
HDFCLIFE LONG.....ENTRY NEAR 645,OR above todays high
accumulation zone near 580-540
weak below 520
above all important moving average
HDFCLIFE LONGHDFCLIFE has given breakout of inverted head & shoulder pattern, gives 20-25% upside from here
HDFC LIFE - Investment Pick
Leader in the Insurance
HDFC - Brand Parent
Broke out on the weekly chart
Add on Dips
Stoploss would be the latest higher low on weekly time frame
Hdfc Life RR 1:2.75Details in the chart
In case if it hits the stop loss, I might reverse the trade and cover up the loss with some profit too.
HDFCLIFE Looking BullishHDFCLIFE has retested its previous swing high and made a bullish candle for the day. It can make an up move from the current levels. The next resistance can be 1.272 Fib level, which is around 730.
Cheers! This is as per my Analysis. Feel free to share your view about this. Please do your analysis before trading/Investing.
Happy Trading.
HDFC LIFE BTST IDEABuy 663.00
Stop loss 660.75
Target 673.00
Consult with your financial advisor or with broker before taking any trade ,
DO your analysis properly
HDFCLIFE Inverse head and shoulders breakoutHDFCLIFE Inverse head and shoulders breakout long on dip towards breakout point 647.
Stop loss 555 long term target 950.
DISCLAIMER:There is no guarantee of profits or no exceptions from losses. The investment advice provided is solely the personal views of my research. You are advised to rely on your judgment while investing/Trading decisions. Past performance is not an indicator of future returns. Investment is subject to market risks. Seek help of your financial advisors before investing/trading.
I may or may not trade this analysis.
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HDFC Life Insurance - Inverse head and shoulder BOHDFC life has given proper Inverse Head and Shoulder Breakout.
First target - 780
Final target - 975
We might see some good resistance around 740.
This is not a trade call. It is just my personal opinion. Take your SEBI advisor advice before investing/trading.
HDFCLIFEThe stock is about to complete inverse head and shoulder pattern.
CMP: 627
Target: 835, 1078, 1258+
Investment opportunity.
DIWALI PICK HDFC LIFE - SHORT TERM INVESTMENTTRADE TYPE: SHORT TERM INVESTMENT | HOLDING PERIOD: 3 TO 9 WEEKS | BUY RANGE: 625- 640 | TRADE INVALIDATION: 556 | RISK: 13%
HDFC Life Insurance Company Ltd. is a joint venture between HDFC Ltd. and Standard Life Aberdeen, a global investment company. The company offers a range of individual and group insurance products such as protection, pension, savings, investment, and health. As of March 31, the company had 37 individual and 11 group products in its portfolio. The company has more than 400 branches across the country. It has a balanced product mix (UL: 23%, Par: 33%, Non-par savings: 30%, Protection: 9%, Annuity: 5%).
The company’s market share in terms of Individual WRP has expanded by 235bps to 17.5% in H1 FY21 from 15.2% in H1 FY20. The company has neutralized its Q1 de-growth and recorded a 2% growth during H1 FY21. This is on a base of 35% growth last year, which is noteworthy. Further, the performance is the best as compared with peers in the private industry, which shrank 11% on a base of 16% growth for H1 last year. The company’s market share for the group products and overall new business segments amongst private sector players stood at 27.4% and 23.3%, respectively.
The renewal premium advanced 22% y/y to Rs 75.5B in H1 FY21 as against Rs 61.8B in H1 FY20, backed by improving MoM collection. However, management is cautious about persistence trends for the next few quarters. Further, new business margin (NBM) has performed steady growth over the last three recent quarters to 25.6% in Q2 FY21 from 24.3% in Q4 FY20. In addition, its solvency position remained healthy at 203% and 190% as of September 30 and June 30, respectively. PAT witnessed a 6% y/y growth to Rs 7.8B in H1 FY21 on the backdrop of stable accretion of back book surplus and consistent focus on cost management
India remains under-insured, both in terms of penetration and density as compared with global peers. The penetration in India stood at 2.8%, while it is 16.5% and 18.3% in Taiwan and Hong Kong, respectively. This provides a huge opportunity to penetrate the under serviced segments, with the evolution of the life insurance distribution model. Further, India’s insurable population is expected to touch Rs 750M by 2020 and India’s elderly population is expected to double by 2,035 (as compared with 2015). In addition, India has the highest protection gap in the region, as growth in savings and life insurance coverage has lagged behind economic and wage growth. Protection gap growth rate is estimated to show an expansion of 4% per annum.
Disclaimer
All investment ideas published are for educational purpose.All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
HDFCLIFE | Breakout gives hope for another big moveHDFCLIFE | Breakout gives hope for another big move Cup & Handle or INHS. Making of all time high 😃
Buy during retracement not at this 665 range. Any dip upto 640 is a good buying opportunity.
CMP : 660
SL : 620
Target : 835 (as per fib)
HDFC Life; Inv. H&S pattern breakout in Daily ChartGo Long on retest & reversal from break-out zone b/w 645-650; STOP 555; Tg. 1095.
HDFC Life Resistance BreakoutHDFC life near ATH.. buy above 650 for target open by keeping stop loss of 605..
HDFC LIFE IF CROSS 632 THEN SHORT TERM TARGET 646IF CROSS 632 THEN SHORT TERM TARGET 646 AND SL 610.
