HDFCLIFE trade ideas
HDFCLIFE again took support at it’s trendlineNSE:HDFCLIFE closed a candle below its trendline a few days back but yesterday it recovered and gave strong closing. This time we can see it closing above 560 levels. It has been a laggard stock for me. For the last 1.5 years it has been 20% down in my portfolio.
HDFCLIFE gave closing below trendline NSE:HDFCLIFE has given closing below trendline. There is high chances that it can show 520 now.
HDFCLIFE is abou to break it's trend lineNSE:HDFCLIFE is looking weak. If it breaks trend line then it can show 520 soon.
HDFC LIFE ! looking Good for a long .NSE:HDFCLIFE
One can Buy If price sustains above the given trendline !
HDFC Life LongNSE:HDFCLIFE
Long can be considered in this script at Rs 530 with SL at 515 Target 565. level also given on chart.
Disclaimer: author may enter in trade, take your own decision , This is an trading idea not an trading or Investment advice
HDFC LIFE Hdfc life seems positive trend bulish level 540 level rejected then pick lower level 520 best level to buy target look upside 580 and 620 long
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HDFCLIFE !NSE:HDFCLIFE
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
2. Close, should be good and Clean.
3. R:R ratio should be 1 :2 minimum
4. Plan as per your RISK appetite
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose!
longA good place is breaking out at a good price. If you don't buy today, it will be better to buy it at a slightly higher price tomorrow
Hdfclife on 1hr timeframeLooking good on chart
Trading between support and resistance trendline
If price breaks the support trendline we can go short
And then if breaks the resistance trenline we can go long
HDFCLIFE LongLooks good for a solid swing up
Disclaimer:
The content of the idea and the interpretation of data are solely my personal views which being said I do not warrant its completeness or accuracy.
This idea published is purely intended for educational and informative purposes, I urge traders to make their own trading decisions based on their specific trading objectives and financial position
HDFCLIFE SHORT TRADE (Intraday OCT 17)HDFCLIFE broke channel in 15 min and could move lower. Thank you!
HDFCLIFE SHORT TRADE INTRADAY OCT14HDFCLIFE in 15 MIN broke channel pattern and now it could go downside. wait and watch , learn how price action works. Thank you !
HDFCLIFE SHORT TRADE (Intraday OCT 12)HDFCLIFE is bearish at daily level and in 15 min it has broke ascending channel. wait to break previous swing and then find opportunity at retest. Thank you !
Can go short on HDFC Life in weak marketBearish Bias on HDFC Life
-Below major moving averages
-Price breakdown and attempting retest
-RSI breakdown from 40 level and attempting retest
-Weak Relative Strength
-ADX -ve DMI is showing bearish strength
Wait for price action confirmation on Hourly Chart and trade set-up Entry rules
HDFC LIFE INTRADAY ANALYSISPrices have been moving inside a range and currently prices have settled themselves at the support region thus, a trade can be initiated on short side if NIFTY makes a negative move otherwise a bullish stance can be created with a small risk to reward ratio. A price action with volume should be confirmed on smaller time frame before initiating a trade.
How to make tringles successful As we all know In trading many chart patterns are available and we also know how to take entry ,but after entry SL got hitted and trade fail.how to be master in pattern,? let's understand, first of all in which direction we are going to trade in this image we are bull so before taking entry we have to observe previous swings,In this image we can not see properly but in 5 min there is strength visible to bull side and sellers are getting weaker during formation of descending tringle and after breakout we taken entry ,and Boom 💥.
Must check swing strength and candle size in your direction and enjoy your profit.always mark PDL and PDH level for good results.
My English is not so good that's why ignore grammar mistakes 😊.
HDFC life parallel channel HDFC life trade in parallel channel. it can long if come 525 for target 600,680
waiting for breakout above green linefor when insurance sector will be in news targets 610 short term
medium term 650 and above
HDFC looks like breaking its rangeHDFCLIFE on the line chart is creating a triangle patterns, and also seems to break it. If you are on the buy side , you can hold.
