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manuagarwal21

HDFCLIFE - Pullback Trade

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HDFC LIFE INSURANC (NSE:HDFCLIFE)  
manuagarwal21  
NSE:HDFCLIFE   HDFC LIFE INSURANC
Trend Analysis Supply and Demand Support and Resistance HDFCLIFE LONG positional HDFC positionalcall
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trendanalysis supplyanddemand supportandresistance hdfclife long positional hdfc positionalcall
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 coming weeks and months.

Type of Trade: Long -Positional, Pullback trade.


Penafian

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