HDFCLIFE | Such a pleasant setup (Trendline + Channel + Flag)HDFCLIFE | Such a pleasant setup (Trendline + Channel + Flag)
CMP : 605
SL : 580
Target : 660, 675
Almost 1:3 risk reward setup for first target
HDFCLIFE trade ideas
HDFCLIFE - 27th June 2022Stock in Accumulation Phase. Support at 570-540.
Value Investors may be looking to Accumulate Stock.
Above 570, Bulls may dominate and push prices higher
HDFC life - Strong Support on weak MarketHDFC life - is on strong support zone can accumulate for long and can be used for 3-5 weeks short with the risk reward for 1:3
*only for education*
Trendline breakout in HDFCLIFEThe price has been falling since sep 2021 making lower highs and lows, if we draw a trend line starting from sep 2 and nov 15, the trendline was tested again and got validated on jan 14. it made a low in the month of march from there it went into consoiladtion where it failed to close above 600.
Now the price has succesfully closed above trend line but again failed to give a close above that 600 range. If the price trades above that range then it can be a good entry point.
Entry= 605 (on closing basis)
Target=645, 675
SL= 560 or below breakout candle's low
HDFC LifeHDFClife above 614 will good for long, still in consolidation face in day charts and can break the descending tringle pattern
HDFC Life Target 2022Breakout = Day Candle Close Above @61
Target Upside = @660
Stop Loss = Day Candle Close Blow @560
NSE:HDFCLIFE
HDFC LIFETesting Resistence
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HDFCLIFE bullish harmonic -TF-weeklySpotted hdfc life insurance
can see upside if it holds 500. may reach 550 -600.
looks like down trend.
Educational purpose only.
This is not a recommendation -
I am not SEBI registered - Do not TRADE/INVEST basis what I publish here.
I am not responsible for your loss or gain.
Inspired by - Trading Mirror telugu
HDFC price action level Wait for level to be activated..
If retest then go for the tgt
education purpose only
Trendline breakout And Positive realtive streangth in HDFC LIfe HDFC Life breaks out and its relative streanght compared to benchmark index nifty is positive so we can bet a long postion here
HDFC life chart analysis There is a strong SZ on Daily wkly and monthly in HDFC life
One can take entry @ 619/620
Strictly follow SL @645
T1= 577
T2= 550
Further can trail it ...
#HDFCLIFE - HARMONICS PATTERN#HDFCLIFE - BULLISH REVERSAL HARMONICS PATTERN
CMP : 598.10
Disclaimer : We are not Sebi registered analyst or Authorized analyst
The charts / Levels / Price projections are only for educational purpose.
This is our personal view, Pls consult your financial advisor before taking decision - Buy / Sell
We will be not responsible for your profit and Loss
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Can be a good positional pickThe stock has given 9 month old trendline breakout and given strong closing above 100 EMA and trendline today.
200 EMA is a strong resistance right now.
If the stock gives a closing above 200 EMA (611.5) level it can give another 4-5% upmove from here.
Disclaimer: This idea is for educational purpose and kindly buy as per your risk management. I always encourage partial booking 1-2% profits and use a strict trailing stop loss. Idea is positional and only carry position on day closing basis.
Learn & earn,
Dr . Tanya Kumar
Long opportunity in hdfclifetriangle pattern in hdfclife, brake tradeline with huge volume, take position after 605 with 1st target 675, 2nd target 720.
Buy Today, Sell Tomorrow: HDFCLIFEDON'T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Book profits within the first 30 minutes of the market opening
- Try to exit by taking 3-5% profit of each trade
- SL can be taken when the 5/15 min candle closes below 44EMA
- SL can also be maintained as 1% or closing below the low of the breakout candle
The levels mentioned on the chart are calculated using the BREAKOUT INDICATOR
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Channel Breakout in HDFCLIFE
Buy Today, Sell Tomorrow: HDFCLIFE
HDFC Life Ichimoku Bullish Breakout Stock Name - HDFC Life. As per the ichimoiku rule, today's close is above the Conversion Line and future kumo
is super bullish and chikou span is slanting upwards. All these parameters are showing bullishness at CMP.
And it can touch 632. More strenght if sustabin above 634. Worth to keep in watch list for coming days.
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
# Rule Based Investing
# Ichimoku Cloud
# Ichimoku Followers
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HDFC LIFE INSURANCE TARGET ACHIEVEDFollow me for more such breakouts if you also want these breakouts then contact me.
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INVERTED HEAD AND SHOULDER IN HDFC LIFEInv H&S in HDFC Life
Active Above 556
SL 552
Target 562-563
Idea Invalid Below 551
HDFC LIFE for positional trade - 1 yearHDFC LIFE is a blue chip company and market leader in LIFE Insurance sector, specifically Term Life insurance. As retail investors increase in Indian equity, they realize it is better to keep life insurance and investments different hence they would choose Term life over Endowment and ULIP plans. This company would be a huge beneficiary of this consumer behavior change.
Possible bearish signs can be:
New players disrupting the market as government have constantly giving push to this sector.
More claims due to unforeseen events like covid or climate related disasters. However this might also motivate people to start opting for the policies.
Disclaimer:
Just my analysis , I'm not a SEBI registered advisor. Not a financial advise at all
feel free to comment and share your views
