Name - HDFC LIFE
Reason to buy- Breaking out from the confluence zone plus many resistance has been breached ..
Entry Zone- Somewhere around 520-525 area
Stoploss- Somewhere around 465 area (Close on daily)
Target - Jai Mata di (Sell when you are happy)
P.S- Do your own research before buying this or putting any single money..
NIFTY SMALL CAP 100 - Start keeping an eye on these... INDEX speaks more thing on larger view...
On verge of the breakout.. Next week it will give confirmation..
They have been into some decent correction but now they have started finding some good support.
In this case,0.786 came as the final support which is holding the INDEX and so it has started making the...
NIFTY MIDCAP 100- Probably this has bottomed out and its trying to move up....
Bounced from 0.618 fib level and now its finding some decent support on 0.5 fib
Plus its breaking the trend line resistance.
If you are interested, better start keeping an eye on these.
Hope this helps.