HDFC LIFE INSURANCE Hdfc life.. DAILY view looking correction point price gradually decrease step by step finally best buy for long 560 good support 👍 565 ..
HDFCLIFE trade ideas
HDFC crucial supportHDFC crucial support,if break 660 next support 570...if breakout from 730 then target 900 intact
Swing TradeTrading for a living,
#HDFCLIFE (daily)
- Major Support near 655-661
- Taking Support over demand zone
- Bounced thrice from demand zone
- Need a volume triggered bounce
- Buy above 660-63
- Stoploss 639
- Target 678/694/711/729+
#SwingTrade
HDFC LIFE Short term buyGood Cup and Handle formation ,
& harmonics patern :
Now on the way of its targets
CMP : 698
TARGETS : 702.7/709.05/718.95
HDFC life , after a fall it has bottomed out and now in range Currently in range but its a good quality stock and right to accumulate now
Bullish on HDFC Life -Bullish croosover
-falling wedge breakout
-Resistance Breakout
-Good Volume buildup
Target - 785
End of consolidationWeekly candle breaks the down trend chennal
Overal trend is up
Nxt level traget 746
Weekly positional
HDFCLIFE -Breaks the triangle pattern Looking for buying opportunity if breakout happens for tomorrow or enter once after retest
Stop loss : 685.75
Target : 742
Disclaimer: Please check with your financial advisor and put your analysis before taking any trade.
HDFC LIFE INSURANCE WEEKLY CHART LOOKING LIKE FLAG PATTERN .... ONE CAN TRACK THE STOCK TO UNDERSTAND PRICE ACTION
HDFC LIFE : Pullback tradeThe 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
hdfc lifeGeneral Insurance Industry has Witnessed Strong Growth Over the last 15 Years
General Insurance Gross Premium has grown >10x over the last 15 years
Growth of 5.2% over FY20
India is the 4th largest non-life insurance market in Asia and 15th largest globally
Premium as a % GDP for India is 094% and for U.S is 8.51% and for China is 2.1%. Premium per capital for India stands at $19 whereas for U.S its $5580 and for China its $201. So the scope for growth is very high.
▪ Operates under a “cash before cover” model
▪ Density & Penetration low in India compared to other countries
▪ Increase in penetration can happen with growth of personal lines, product enrichment, catering to rural masses, innovative
selling and bright long term outlook for growth
▪ Every 0.25% increase in penetration can increase industry GWP by Rs.350 Bn
Motor & Retail Health are the Largest GI Segment and Continue to Grow at Steady Pace
HDFC Life insurance companyAt the horizontal demand(support zone)
Consolidating in narrowing triangle range.
Buy above 658
Stoploss 654
Target 710-730
SHORTING OPPORTUNITY, STOCK IS WEAK IN UPTRENDING MARKET.STOCK HAS BROKEN LEVEL FROM WHERE IT HAS TOOK MUTIPLE SUPPORT EARLIER AND CONTINUE TO TRADE BELOW IT. ONE MUST TAKE CONTRA BET AND SHORT WITH SL 673.
HDFC LIFE Swing Trade BUY IF it breaks 700BUY HDFC LIfe if it Breaks 700 hold till the rally continues. Sell Futures if it breaks low 650
