Stock of the day : HDFC Life Insurance For Target Rs.670 - Religare Broking Ltd
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HDFC Life Insurance
* HDFCLIFE has been in a primary uptrend for over 10 months.
* Price rebounded gradually finding support around its previous resistance zone which coincides with 50 EMA on the weekly chart.
* It has surpassed intermediate falling resistance trendline on the daily chart denotes bullish tone to continue.
* We thus recommend creating fresh longs in the mentioned range.
BUY HDFC Life Insurance BUY CMP 635.95; Range* 635-638; SL 619; Target 670
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SEBI Registration number is INZ000174330
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