VigneshvarMylsamy

HDFC Life Insurance Strong Up move expected

NSE:HDFCLIFE   HDFC LIFE INSURANC

1) Channel Pattern has formed since 2020 (Multiple resistances and supports)
2) Since Aug 2021 the stock has been consolidating and given B/O in daily time frame for past couple of days with pretty decent volume
3) It has also Breaked the 200 days moving average.
4) fundamentally the books are strong with huge cash flow and comparatively lesser debt than peers


can hold for medium to long term

(My view : expecting huge up move or slight retrace and then up move)

Disclaimer : Just for education Purpose.
Caution before get in to trading.

Thanks Happy Trading :)
면책사항

이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.