HDFCLIFE Inverse head and shoulders breakoutHDFCLIFE Inverse head and shoulders breakout long on dip towards breakout point 647. Stop loss 555 long term target 950. DISCLAIMER:There is no guarantee of profits or no exceptions from losses. The investment advice provided is solely the personal views of my research. You are advised to rely on your judgment while investing/Trading decisions. Past performance is not an indicator of future returns. Investment is subject to market risks. Seek help of your financial advisors before investing/trading. I may or may not trade this analysis. --------------------------(((((LIKE)))))-------------------------------Longby Niftydirection3
HDFC Life Insurance - Inverse head and shoulder BOHDFC life has given proper Inverse Head and Shoulder Breakout. First target - 780 Final target - 975 We might see some good resistance around 740. This is not a trade call. It is just my personal opinion. Take your SEBI advisor advice before investing/trading.Longby avinash_kr111
HDFCLIFEThe stock is about to complete inverse head and shoulder pattern. CMP: 627 Target: 835, 1078, 1258+ Investment opportunity.Longby OmkarBanneUpdated 1
DIWALI PICK HDFC LIFE - SHORT TERM INVESTMENTTRADE TYPE: SHORT TERM INVESTMENT | HOLDING PERIOD: 3 TO 9 WEEKS | BUY RANGE: 625- 640 | TRADE INVALIDATION: 556 | RISK: 13% HDFC Life Insurance Company Ltd. is a joint venture between HDFC Ltd. and Standard Life Aberdeen, a global investment company. The company offers a range of individual and group insurance products such as protection, pension, savings, investment, and health. As of March 31, the company had 37 individual and 11 group products in its portfolio. The company has more than 400 branches across the country. It has a balanced product mix (UL: 23%, Par: 33%, Non-par savings: 30%, Protection: 9%, Annuity: 5%). The company’s market share in terms of Individual WRP has expanded by 235bps to 17.5% in H1 FY21 from 15.2% in H1 FY20. The company has neutralized its Q1 de-growth and recorded a 2% growth during H1 FY21. This is on a base of 35% growth last year, which is noteworthy. Further, the performance is the best as compared with peers in the private industry, which shrank 11% on a base of 16% growth for H1 last year. The company’s market share for the group products and overall new business segments amongst private sector players stood at 27.4% and 23.3%, respectively. The renewal premium advanced 22% y/y to Rs 75.5B in H1 FY21 as against Rs 61.8B in H1 FY20, backed by improving MoM collection. However, management is cautious about persistence trends for the next few quarters. Further, new business margin (NBM) has performed steady growth over the last three recent quarters to 25.6% in Q2 FY21 from 24.3% in Q4 FY20. In addition, its solvency position remained healthy at 203% and 190% as of September 30 and June 30, respectively. PAT witnessed a 6% y/y growth to Rs 7.8B in H1 FY21 on the backdrop of stable accretion of back book surplus and consistent focus on cost management India remains under-insured, both in terms of penetration and density as compared with global peers. The penetration in India stood at 2.8%, while it is 16.5% and 18.3% in Taiwan and Hong Kong, respectively. This provides a huge opportunity to penetrate the under serviced segments, with the evolution of the life insurance distribution model. Further, India’s insurable population is expected to touch Rs 750M by 2020 and India’s elderly population is expected to double by 2,035 (as compared with 2015). In addition, India has the highest protection gap in the region, as growth in savings and life insurance coverage has lagged behind economic and wage growth. Protection gap growth rate is estimated to show an expansion of 4% per annum. Disclaimer All investment ideas published are for educational purpose.All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs. Longby VanijyamShalaUpdated 7
HDFCLIFE | Breakout gives hope for another big moveHDFCLIFE | Breakout gives hope for another big move Cup & Handle or INHS. Making of all time high 😃 Buy during retracement not at this 665 range. Any dip upto 640 is a good buying opportunity. CMP : 660 SL : 620 Target : 835 (as per fib)Longby srikartiram6636
HDFC Life; Inv. H&S pattern breakout in Daily ChartGo Long on retest & reversal from break-out zone b/w 645-650; STOP 555; Tg. 1095.Longby avinash.gpb2
HDFC Life Resistance BreakoutHDFC life near ATH.. buy above 650 for target open by keeping stop loss of 605..Longby TechiestocksUpdated 2
HDFC LIFE IF CROSS 632 THEN SHORT TERM TARGET 646IF CROSS 632 THEN SHORT TERM TARGET 646 AND SL 610. Shortby Tradee1Updated 222
Inv Head N ShoulderThe most Popular Pattern everyone knows NSE:HDFCLIFE Trade active only after breakout of neckline Don't Jump blindlyLongby Goutam5196Updated 4
HDFC life ready to breakout from a resistance?HDFC life is now attempting to break a resistance that it has failed to break previously (multiple times) The resistance testing has been marked with arrows. A decisive break will be a trigger for a long trade in HDFC LIFE. Please follow and like. :) NSE:HDFCLIFELongby sankatradesindia3
HDFCLIFE | Pull back from good junction point - 12% opportunityHDFCLIFE | Pull back from good junction point - 12% opportunity CMP : 572 (Can buy upto 565) SL : 550 Target : 640 Clean 1:3 risk reward setupLongby srikartiramUpdated 7
HDFCLIFE Short Trade 15 MinActually MACD will move in downward direction and Stochastic shows it clearly...Risk and Reward mentioned in the chart. Happy Diwali!!!Shortby PupathiUpdated 0
HDFC is trying to breakout upsideNSE:HDFCLIFE Watch the price action at breakout level and take a trade. It might reverse from here as well.. Take a trade after it sustains the breakout.. keep it in radar.. Note: This is my personal view and I may go wrong. by tradingrhythm1110
Cup and handle formation in HDFC LIFEWait for breakout above 648 for a target of 740Longby saiganesh44114
#HDFCLIFE - LongPrice moving in a channel. Double bottom observed in consolidation phase. BO of channel above 590 can see 640. Price is near previous demand zone and support line is with standing. Breaking 645, it forms Inverted HNS and 52W High. RSI at 40 is supporting this consolidation phase. So expecting minimum chance of breakdown. Results are in line with expectation.Longby javaindianUpdated 221