HDFCLIFE LongHDFC Life is looking good after todays close. I think 630,640,650 is possible in coming days.
HDFCLIFE trade ideas
HDFCLIFE TRENDLINE BREAKOUT WCBHDFCLife breaking trendline resistance
with good volume and rsi
macd crossover done
#target1 690,#target2 750
EDUCATIONAL IDEA
HDFC LIFE SHOWING A LONG TURM CUP AND HANDLE PATTERNHDFC LIFE showing a strong cup and handle pattern along with a "w" pattern with undercut on handle in weekly charts.
Hdfc life ReadyReady to break the Zone
Can go For Long Target
....Get Ready Bulls are Back with Low PE
HDFC life -- Looks GOodHDFC life has come off the lows of jun 4th and has retested @ 0.66 levels of FIb.
It has a resistance @ 605 beyond which the target is 654 and then 709.
I am putting it under watch list for entry on one more candle above present levels (and trend line) for target of 654 and then 709.
SL below 575 on closure basis .
This is my journal and not an invite to trade. do your own research before investing
HDFC life accumulation zones and buy the dipHDFC life simple chart marking and top down approch right from hourly time frame to quarterly timeframe explanation where and why should be accumulate
HDFCLIFEHDFCLIFE this stock is moving upside, price trading at support candle stick reversal also done
wanna bet on life Insurance stocksHDFC Life CMP - 563
Any one wanna bet on life insurance stocks here is an opportunity. This stock is now ready to break the shackles.
HDFC life Ready for upmoveDisclaimer -
This information is only for educational purposes, this is not for any buy or sell recommendations .
On Our Harmonic pattern indicator
based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% ..
Please note:-
It's working on news based and volitile market very well so exit if SL hit
HDFCLIFE, Ascending Triangle PatternThe price has formed an ascending triangle pattern.
The breakout of the triangular pattern will open the higher levels 600.
Resistance - 590
Support - 560
Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
HDFCLIFE - Weekly AnalysisIn the Weekly Chart of HDFCLIFE ,
we can see that, after strong selling, it is trying to show up move with W Shape recovery.
Enter on breaking Candle's with Low as SL.
HDFC LIFE Insurance Long term Stock
LONG BUYING LEVEL- 563
SL- 458
T- 1000+
5 years
not a buy or sell recommendation
Positional or Swing view of HDFC Life Hi Traders,
Here is the analysis of HDFC life . The HDFC life has given a breakout of trendline and at verse of forming W pattern. We will go long for the target of 592, 605, 626 with SL of 530. Beyond that , it will form another low and deform the double bottom formation.
Happy trading.
Keep Following and give your boost. Do comment what is your opinion.
HDFC Life Insurance Company LtdFundamentals:-
Market Cap ₹ 1,16,215 Cr.
Current Price ₹ 540
Book Value ₹ 68.2
Graham Number ₹ 106
Stock PE 73.9
Industry PE 41.9
Dividend Yield 0.36 %
ROCE 6.61 %
ROE 11.4 %
Promoter holding 50.4 %
Pledged Promoter 0 %
Debt ₹ 950 Cr.
Reserves ₹ 12,515 Cr.
Piotroski score 8.00
Its a Dividend giving stock with good Piotroski Score.
Stock PE is approx two times industry PE.
Reserves are more than Debt.
Promoter holding is ok & No promoters are pledged.
Technical:-
Supports are marked with Green horizontal Lines.
Targets and Stoploss as marked on the Chart.
Price is below 200 EMA on weekly chart & RSI about to touch 30.
Wait for more fall till Skyblue Trendlines or Supports.
Levels:-
Buy 510 - 483 - 457
Stoploss 425
Tgt 600 - 640 - 677 - 775
This idea is for Educational purpose and paper trading only. Please consult your financial advisor before investing or making any position. Facts or Data given above may be slightly incorrect. We are not SEBI registered.
Bearish trend in HDFC LifeStock has broken down its weekly support zone and trendline, Stock has been in bearish zone for the last 8 weeks. Stock can test 480 levels soon.
Long HDFCLIFE, target 710Long HDFCLIFE, target 710 based on the chart analysis.
Stoploss for the position can be 560 which is previous swing low. The position RR comes as 2.25
A very god buy level in HDFCAMCHDFCAMC is about to touch a very good demand zone that is strong and can prove to be very reliable.
The quality of the zone and the structure are really good and should not be missed out at all.
Entry - 561-566
Target levels - 586/ 603 / 615 (is a very good supply level) 645
HDFC Life Insurance Company Ltd - Break Out OpportunityDate : 14-Mar-2024
Rating : Buy - Positional Trade
LTP : Rs. 622.25
Targets: (1) Rs. 648 --> (2) Rs. 710 --> (3) Rs. 746 --> (4) Rs. 775
SL : Rs. 600
Technical View:
• NSE:HDFCLIFE is in its primary uptrend since Mar-2023.
• From Dec-2023 to Feb-2024, It was going through secondary down trend within primary uptrend.
• NSE:HDFCLIFE has broke out from its secondary down trend on 1-Mar-2024.
• RSI is at 61.67 which is in buy zone and supporting bullish sentiment.
• MACD is at 6.71 which is giving bullish signal.
• NSE:HDFCLIFE is looking strong from here onwards to achieve the historical levels mentioned as targets above.
Disclaimer : I am not a SEBI registered analyst/consultant and not recommending anyone to take any BUY or SELL position in stock market. Investing in stock market is risky and one should do a self analysis and validation before investing in stock market.
HDFC 1:10 Reversal Trade set up1. Set up: Reversal from supporting TL
2. SL risky but if trade works out RR will be extra ordinary
3. Set up is risky but with 30% accuracy RR is way to good with such set up
4. If SL hits also, this chart will take SL's and will reversal high probability
HDFC 1:18 Reversal Trade set up1. Set up: Reversal from supporting TL
2. SL risky but if trade works out RR will be extra ordinary
3. Set up is risky but with 30% accuracy RR is way to good with such set up
4. If SL hits also, this chart will take SL's and will reversal high probability
HDFCLIFE-long for 10 %price forming an inverted hammer at trendline
price violating 3 day EMA
rapid moves possible
stop loss and target marked
