HDFC LIFE may get trendy in either side.. after breaking consolidation phase...
Analysis on HDFCLIFE. Testing its trend support and resitance line around 5 times. Taking the resistance line (range btw March to August) as support line.
This is excellent timing for a trade-in HDFC life, considering the stock did a breakout a few weeks ago and then started pulling back to the immediate support. Last week stock formed at spinning candle at the support zone: 717- 725. Currently, the stock is trading around 729, and if it sustains 700 levels, it mostly is then moving towards 788 and 833 in the...
Stock Analysis: HDFCLife has broken the channal and retest done with reversal pinbar it is good buy on current level with below demand zone as stop loss level for the given target on the chart. Lets' see Happy Investing!
1. NOW On trialngle 2. Very high volume on last 1hr candle 3. taken support form edge of triangle
Hdfc life insurance, this stock seems to have completed wave (II) of 3, as macd in weekly turned positive above zero line, as per price action this stock has given breakout with good intensity of volume in both weekly and daily time frame, wave structure suggests that now the stock is in wave (III) of 3, as wave (III) unfolds that can possibly push stock higher...
The stock has breached lower trend line and took support in nearby support + 200 EMA due to results and might be in for a high risk reversal rally. Trade is supported by brokerage calls and major supports before SL levels. Target is placed near all time high with a risk reward ratio of 2:1. Any Breach in the major support level below should signal exit. Caution :...
Buy HDFCLIFE Target 🎯 875 because it's break it's major Resistance.
This share can give 6% return in short term. add this in your watchlist.
Trendline break Taking support on 100 EMA Fib Retracement level on 0.6
WEEKLY CHART LOOKING LIKE FLAG PATTERN .... ONE CAN TRACK THE STOCK TO UNDERSTAND PRICE ACTION
The stock looks great, we could see a trendline breakout with a decisive candle with good volume. Though the stock did not see a good momentum movement post-breakout. Now if it sustains 660 levels, chances are that it might be moving towards 720 initially and then towards 750 levels. Trade type: Positional
At the horizontal demand(support zone) Consolidating in narrowing triangle range. Buy above 658 Stoploss 654 Target 710-730
HDFCLIFE looks good to me as stock is moving in parallel channel buy 30% of u r capital at CMP(current market price) and add more at 645-650 range targets could be 745,810 Hldng period 2mnths small STOPLOSS-640
On Daily And Weekly As Well Higher High And Higher Low Can Be Seen and Taking Support At The Trend Line Likely To Breakout In Coming Days Currently At 710
Follow me and like trading ideas for more detailed analysis. HDFC Life recently showed us major breakout, and now we can see a sharp rise in large investor dealings followed by favourable Elliott and Gann fan trends. According to our detailed analysis here are some trading ideas and targets to keep in mind for HDFC Life:- Long - (Minimum target for 15th...