HDFCLIFE Bullish view?HDFCLIFE has formed a doji and looking to break the channel. Is looking bullish from here and expecting a upmove with breakout of 15% from this price.
RSI, Volume and price action indicates bullish breakout.
HDFCLIFE trade ideas
HDFC LIFE !Trend is neutral
Net Sales of 46,513cr has grown at 56.23%
Pat has grown at 20.84%
PE is too hot and high at 93.43%
mutual fund stake has increased from 4% to 4.66%past quarter
stock is a good buy at 520-560
Wait for the dip
hdfc life sellthis is the zone pending orders
of the big institutions or smart are
pending.. we are looking to join them
when the or if the price comes down to this
zone.. so that pending orders of the
institutions and our buy orders will get
executed.. rally base drop set up.. only for edu purpose
HDFCLIFE | Swing Trade📊 DETAILS
Sector: Life & Health Insurance
Mkt Cap: 143,675 cr
HDFC Life Insurance Company is engaged in carrying on the business of life insurance. The Company offers a range of individual and group insurance solutions. The portfolio comprises of various insurance and investment products such as Protection, Pension, Savings,(Source : 202003 Annual Report Page No: 175)
TTM PE : 97.50 (Average PE)
Sector PE : 18.74
Beta : 1.00
📚 INSIGHTS
Mid range performer
Stock with medium financial performance with average price momentum and valuation. These stocks may be affordable and are showing some investors interest.
3.40% away from 52 week high
Outperformer - HDFC Life Insurance Company up by 6.88% v/s NIFTY 50 up by 2.57% in last 1 month
📈 FINANCIALS
Piotroski Score of 3/9 indicates Weak Financials
Disclaimer: This analysis is for educational purposes only, and I'm not a SEBI registered analyst.
If you found this analysis helpful, I encourage you to like and share it. Your observations and comments are also welcomed below. Your support, likes, follows, and comments motivate me to consistently share valuable insights with you.
🔍 More Analysis & Trade Setups 🔍
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HDFCLIFE-long pole and flag pattern
retest of the breakout level
target market
No STOPL LOSS ..accumulate on dips
HDFC LIFE : Multibagger Investing Idea Exciting Bullish Pattern Alert! 🐂
📊 Pattern: Broadening Pattern
📌 Symbol/Asset: HDFCLIFE
🔍 Description: Stock is making broadening pattern. We can see huge upisde in the stock.
Its a Buy on dip stock.
👉 Disclosure: We are not SEBI registered analysts, this is not a buy or sell recommendation.
HDFC Life looking goodBig green candle on on daily chart
Channel breakout
Target 1: 726
Target 2: 745
Target 3: 775
Disclaimer: This is just my observation for information purpose only ,kindly do your analysis before investment.
HDFCLIFE C&H BREAKOUTHdfclife c&h pattern breakout
with huge volume and good rsi
MACD crossover done
near #target can be 760
educational idea only
HDFC Life: Charting a Breakout Journey to New Highs!Witness the journey of HDFC Life Insurance through its complete history. Study the chart attentively, and you might glean valuable insights.
From a technical perspective , HDFC Life Insurance is signaling another breakout after a substantial consolidation phase. Anticipating a move towards, and potentially beyond, its all-time high.
Consider a swing low around 667 , set a stop-loss just below, and set your sights high. This is my analysis for you.
Stay tuned for further updates as the story unfolds. 📈✨ #HDFCLife #TechnicalAnalysis
HDFC Life 75 Mins Elliott Wave Set UpIn the realm of technical analysis, the 75-minute timeframe chart of HDFC Life has unveiled a compelling Elliott Wave setup. A closer inspection of the recent retracement indicates a potential Wave 4 correction in progress. Let's delve into the Fibonacci relationships inherent in this labeling.
Wave 2 retracement was contained within the vicinity of 50%, while the extended nature of Wave 3 surpassed 162% of Wave 1. Notably, the current Wave 4 retracement appears shallow, confined between 24-38% of Wave 3. Even if it retraces around 38%, the target would be approximately 663.
The overall setup suggests a promising probability of Wave 5 materializing. As such, one might consider capitalizing on the recent decline, setting a stop loss at 655 for targets in the range of 705-710 within the short to medium term.
HDFCLIFE: Impulsive riseStock is rising in an impulsive manner from Oct'23 low of INR 600.75 of which 3rd wave is already concluded at INR 695 and currently stock is correcting lower in wave-4. As per the current price action stock has taken a support on the upper boundary of the Impulse channel 1-2 and is hovering above 38.2% Fibbonacci retracement zone which is likely to hold in the coming days. Once the price cross above 685 , that will be the final confirmation that prices have started it's 5th wave which shall take the prices towards INR 720 zone.
HDFCLIFEHDFC Life Insurance Coming to retest 653 Level. In this Area already buyers occupied that mean Price could bounce from this level (650 to 660). After this Effect Price can touch 743 level.
LevelsHere, is the analysis for HDFCLIFE ....
This is will definitely help you to decide your investment or trading...
HDFC Life - C&H BreakoutOne of those stocks which has frustrated its owners since IPO...
Many gave up on it but recently its shown some strength..
Long above CMP with a 5% SL..
It could see resistance at 735 but above that there is a good move possible on the upside.
Hdfc life firsttarget doneFirst target done with 6.4% if the small resistance break, it will reach 690
HDFC LIFE - LONGHDFC LIFE: Flag Formation Weekly Time Frame
CMP: 667
SL: 600
T: 700 / 760 / 840 / 880
HDFC Life - Channel breakout Buy to chase momentum HDFC life channel breakout. Buy on CMP for greater return. Arthavidhi Swing tardy ideas.
Breakout on 15 minute ChartShowing Breakout on 15 minute Chart.
Trade for educational purpose only. Do paper trade for learning purpose.
Learn and earn
HDFC Life: Short-term downtrend, Sell at 619.40
HDFC Life is currently in a short-term downtrend, with a recent swing low of 619.40. Swing traders can look to sell HDFC Life at 619.40 for a target of 606, which is the next major support level.
Trading strategy:
Sell HDFC Life at 619.40 for a target of 606.
Place a stop loss order above the recent swing high of 622.10.
Please note that this is just a trading idea and not a financial recommendation.
I have made the following changes to your original idea:
I have added a title to make the idea more clear and concise.
I have provided supporting evidence for the idea, in the form of technical analysis.
I have stated the key support and resistance levels to watch.
I have provided a specific trading strategy, including a target price and a stop loss level.
I hope this is helpful!
HDFC Life @ retracement levelAfter forming a neat cup and handle (C&H) pattern, HDFC Life has retraced to its C&H breakout level, forming a re-entry point. Check the chart.
Disclaimer : Not a recommendation for study purpose only.
Long Term Opportunity in HDFC LifeGo Long above 505.1 for Targets of 552.4, 599.7 and 647 with SL 457.8
Reasons to go Long :
1. On a Weekly timeframe if we draw the Fibonacci retracement tool from the recent swing low (point A) to the recent swing high (point B) then we see stock took support from the 0.618 Fibonacci level.
2. In addition to this a bullish candlestick pattern Bullish Hammer (marked with orange color) is formed around the 0.618 Fibonacci level.
3. Also there is a strong Trendline (marked with green color), from which the stock is taking support and moving up.
