Some very important levels for HDFC Life. Conclusion: 1. Go Long only above 652. Whole candle for a day should be above this. Immediate target of 684. 2. Watch out for levels around 600-620, a very favorable accumulation zone. Possible Trades: 1. Sell 600 or 620 PE, Likely will be out of money. 2. Buy 680 CE once price reaches above 652. 3. Long future around...
Some important levels on the chart. It is likely to follow uptrend with a sL of 450 on closing basis.
All details in chart. Multiple support at different levels. Keep sL of 200 and go long for all time high.
Keep a note of these levels, highly important. In a bull market these are likely be supported. In a bear market, these will act as resistance for next10-20 trading sessions.
All details in chart. This includes RSI strategy, Futures OI strategy, EMA strategy, Support and Resistance Zones.
Details as provided in the Chart. Support: 600 and 594 on Closing Basis. Target: 630 and then 640+. Reasons: 1. Rising Trend. 2. Above EMA 89 so Trend is positive. 3. Shorts Covered right from levels of 594. 4. Strong Swing Support on Close Basis 594. 5. First Target 630 followed by 640 if 633 is broken. 6. RS also dominating Nifty. 7. Calls Unwinding on 600 and...
Details as updated in the Charts. Go Long with strict Stop Loss for a specified Targets.
HDFCLife: (CMP: 703) Fundamentally Sound : Score 7.5/10 Demand Zone : 655 to 677. Strong Support : 690 to 695 for Short Term RSI Taking support around 35-40 Levels everytime. Ideal Trade: Selling 700 PE may be Dec for generating 4% of return on Margin blocked.
Good Risk Reward Ratio. Support/Stop Loss: Support Zone Lower levels on Closing basis. Target: 750 and 850.
More Details available in Chart. 1. Strong support at 4. 2. Strong RSI. 3. Relatively strong than Index.
Good setup for a long and conservative bet. Details provided in the Chart !!!
The Idea here is to sell the Put (Around Important Level Mentioned) and get some handsome premium. It is unlikely to go below the Important Level. More Details in Chart !!!!
Details as in Chart. Preferred Reasons to Hold and Accumulate the Stock: 1. Took Support at 40 RSI Levels few days back, Little correction could be on cards but still a Buy. 2. Stronger than Nifty. 3. Above 200 EMA for a long term long. 4. 550 around is a strong Demand Zone and out stop loss should be around 540.