16-11-2023 11:32 AM | Source: Religare Broking Ltd
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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