HDFCLIFE trade ideas
HDFC LIFE(Weekly Head and Shoulders, Daily Triangle Pattern)On Weekly chart we got 4 to 5 resistance on the trend line I marked it with arrow also it formed triangle pattern. Once it cross the above trend line we can go for Long.
HDFCLIFE | Buy above 647 | Target :740 | SL : 605 A good buy above 647 for a target of 740. SL for short term traders - 605 | Long term investments SL - 486
1. Cup and Handle formation - Breakout above resistance (647)
2. Convergence to long term trend line possible as volumes are good.
Trendline Breakout-HDFC Life Disclaimer: Don't just blindly Trade or Invest, learn and then trade. Manage your risks properly.
This analysis is purely for EDUCATIONAL purpose
HDFC LIFE INSURANCE GO FOR LONG......30 MIN TIME FRAME ONLYIF CLOSE ABOVE 651 APPROX THEN GO FOR LONG...
TARGET 1 = 660 BOOK PROFITS HERE FIRST
TARGGET 2= 670 BOOK PROFITS HERE
TARGET 3= 680 BOOK PROFITS HERE
STOPLOSS = 638 APPROX.......
IF AGREE PLEASE LIKE AND FOLLOW US FOR MORE UPDATES.......
HAPPY TRADING FRIENDS....
HDFCLife - Long | Should respect that strong support and go upHDFCLife gave a perfect breakout after 3 times getting rejected from resistance. Now, it is coming to retest the support and will start the upward movement. I don't think it could break down, your suggestions are most welcome :)
Thank You.
HDFCLIFE | Excellent risk reward & Rejection downsideHDFCLIFE | Excellent risk reward & Rejection downside + RSI divergence
CMP : 570
Target : 640
Stop loss : 540
1:7 risk reward setup :D
HDFC LIFE Catch before the moveHDFC Life has broken out of a inverted H&S pattern on the weekly. I see it entering the wedge on the hourly time frame as well.
Buy above 676 on a closing basis SL 655 and target 695/700 NSE:HDFCLIFE
This is just for educational purposes. Please reach out to your financial advisor before investing
STOCK:- HDFCLIFE 1WThe stock has given breakout of the Head and Shoulder pattern
and has retested to the previous resistance
one can go long for the target of 710 and 850
SL :- 555
HAPPY INVESTING
HDFCLife#hdfclife intra or swing view...Inverse HnS Flag... if manages to break below 642, it can go up to 622 or 610 as next targets.
HDFCLIFEUpside Trend
TG1 = 670
TG2 = 795
TG3 = 705
Short Sell (if Support Breaks)
TG1 = 628
TG2 = 615
TG3 = 594
HDFCLifeA golden Oppurtunity to Invest in HDFC Life - It is lowest price of all HDFC family Shares and It is at Bottom of Darvas Box, Once it breaks it, It will move towards 1000, Go for It.
Positional buy in hdfclifeCrossing 52 week + not showing over bot situation
A buy will be interesting with 20% return expectation
Keeping stop @ 615 or as per Comfort.
disclaimer - buy at own risk.
