HDFC life $HDFCLIFE.NSE
CMP: 622.70
1. M Patten breakout
2. Big bar candle
If stock price trendline candle day closing And retest than see bearish movement !
These are swing idea's which you can add your watchlist and analysis for yourself.
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HDFCLIFE trade ideas
HDFC Life Insurance Company LtdHDFC Life Insurance Company is engaged in carrying on the business of life insurance. The Company offers a range of individual and group insurance solutions. The portfolio comprises of various insurance and investment products.
Company is almost debt free.
Company is expected to give good quarter
Company has been maintaining a healthy dividend payout of 29.0%
IT HAS FORMED COMPLEX REVERSE HEAD NAD SHOULDER PATTERN.
ITS SHOWN BREAK OUT AND FIRST RED ARROW POINTING UPAWARDS.
SECOND RED ARROW SHOWING ENTRY LEVEL
CURRENT PRICE-634
TARGET PRICE-771
we can expect min 21% return
HDFCLIFE TOWARDS 800-840 levels
HDFCLIFE Ltd is trading in an up-sloping channel, and within this channel, there is a probability of a Shark Pattern, which if unfolds can take stock towards 800- 840 levels in the coming weeks and months.
Can't comment on how smooth is movement is going to be, but any dip in the stock would be an opportunity to go long in the stock, as long as the stock is trading above the 590-600 levels.
Positional Trade timeline: 3-4 months.
The upside of approx 25%, more if bought in the dip.
HUL 30 MINT CHART PATTERN HUL chart show me some negative move simitrical chart pattern and if price break 2645 then HUL can do some down move in intraday but it does not first break 2670 . bear active when HUL trade below 2647 and it can come near 2622 that is 1st target and SL - 2665 . SL MUST FOLLOW
BREAKOUT IN HDFCLIFEThe stock has finally managed to move and sustain above 600 levels, which it was struggling to cross for the past many months.
Weekly closing above 620 levels would suggest further upside in the stock up to 750 and 850 levels in the coming months.
Any dip in the stock would be an opportunity in the stock to go long or add further to your long positions.
Immediate support zone 626- 590
Positional Targets:- 750 and 850
#HDFCLIFE... looking good 23.05.23#HDFCLIFE.. ✅▶️
Intraday as well as swing trade
All levels given in charts ...
IF good potential seen then we work in options also
if activate then possible a huge movement Keep eye on this ...
We take trade only when it activates...
Possible to give good target
TRADING FACTS
HDFCLIFE--Bullish or Bearish ??------>> the stock is trending upwards.
-------->> now the price is at resistance facing some difficulty to move upwards,
---------->>broken the trendline and trading in a range, waiting for retest of supply and continue to fall down or take the help of demand zone and will again move upwards.
----------->> track this stock price from demand to go upside or breaks below sell on retracement to bottom demands.
we have demand @ 520 range.
supply @ 590 range.
keep track this instrument.
HDFC LIFE 1HR (10/05/2023)NSE:HDFCLIFE
Hello traders ,
All important levels are drawn in the chart.Work with risk reward ratio. not taking a trade is also a trade.
A trade cant change anything keep in your mind,if you think one trade can change your life then you are doing gambling in the market.take calculated risk.
major resistance in hdfc life is 595
and major support is 516.