HDFCLIFE fut broke above descending triangle on an hourly charts with massive OI build up suggesting long build up. Risk:Reward 1:5 Could be bougth with mentioned stoploss & target.
HDFCLIFE FUTURE, looks good for sell. short to make mint money,.
20/03 educational purpose only buy on dips, cmp 530.80 sl below 519.20 targets around 540 / 564 & 575 can buy 545 ce with SL according to risk capacity
*** educational purpose only buy above 522/523 zone sl according to your risk capacity target 570+++
Buy HDFC Life Trading above 20 EMA in 15m charts. RSI above 50 Comfortable above resistance. Double bottom pattern.
Buy at CMP for target of 720+ there are some bullish singals.
HDFC Life looks in Downtrend in Channel Lower High Lower Low once break 720 it will easily come near 714/704
HDFCLIFE is now 779 from 703, Second Future and Option Trade This was our second future and option trade after NSE:BAJFINANCE
- stocks break descending triangle pattern -Stock break and sustain above 716 Next level to 730/748 levels . -Support is near 697 level on chart.
Bullish Breakout above down trend line. cmp 714, First Target 727, Next move to 750+ towards Life time high SL 685 if fails the up trend channel
HDFCLIFE seems to be breaking out of the WAve B and should head upward in a C wave rally to complete the upward correction. This will end the W-X-Y pattern. The risk level is indicated. Seems to be a good Risk Reward trade #HDFCLIFE #NIFTY #INSURANCE