HDFC Life is showing good bullish traction.
Stock has been consolidating since Sep-'24.
It has give a breakout this week, did a re-test of the zone and has held it which shows good strength.
RSI is super Bullish on all High time frames which indicates momentum.
I have taken a Long position and maintained SL around 715 level.
Target would be 860.
Not a recommendation. This is my view.
Stock has been consolidating since Sep-'24.
It has give a breakout this week, did a re-test of the zone and has held it which shows good strength.
RSI is super Bullish on all High time frames which indicates momentum.
I have taken a Long position and maintained SL around 715 level.
Target would be 860.
Not a recommendation. This is my view.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.