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. by intrepidinvestorUpdated 0
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.Longby bountyhunter212
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)Longby nitinshmUpdated 0
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 :) Longby Vishakha_Nanavaty1
HDFC Life Buy CallBuy @ cmp 668 Target 800 & 900 for Short-term amd Medium term traders. Duration:- 1-2 monthsLongby ShubhamKhandelwal1
HDFC Life Insurance - breakout and retested resistance levelNSE:HDFCLIFE has given breakout to all-time high resistance level and Successfully retested the same level. Good opportunity to enter long.by AksTech3
Inverted head and shoulder/Cup and handle Breakout on HDFCLIFE Inverted head and shoulder/Cup and handle Breakout on HDFCLIFE Target-1 735 Target-2-950Longby profitable_trades1
HDFCLIFE on Sm triangle bullish pannet on 1hr time frame HDFC on SM triangle can give breakout of or breakdown from current level with provided levelsby AsifHussain9990
HDFCLIFE LONG.....ENTRY NEAR 645,OR above todays high accumulation zone near 580-540 weak below 520 above all important moving averageLongby nikhilgodhaniUpdated 3
HDFCLIFE LONGHDFCLIFE has given breakout of inverted head & shoulder pattern, gives 20-25% upside from hereLongby dhananjay31880
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 Longby aashu24ahuja331
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.Longby UmeshKannaUpdated 0
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.Longby jayaprakash993
[Positional] HDFC Life Insurance IHNS Breakout - UpdateTarget 1: 750 Target 2: 950+Longby maheshetty1