26-06-2024 10:42 AM | Source: Religare Broking
Stock of the day : HDFC Life Insurance Ltd. For Target Rs.620 - Religare Broking

Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel

HDFC Life Insurance Ltd.

* HDFCLIFE showing sign of potential trend reversal as its has recorded a breakout from trend reversal pattern.

* In the last session, stock rebounded higher taking support near the neckline of the pattern with strong surge in volumes.

* Around the similar juncture it has support of its short term moving average i.e. 20 EMA denotes momentum in place.

* Traders can consider fresh longs in the mentioned range

 

BUYHDFC Life Insurance Ltd. CMP 590.95 Range 589-592 SL 575 Target 620

 

Please refer disclaimer at https://www.religareonline.com/disclaimer

SEBI Registration number is INZ000174330

To Read Complete Report & Disclaimer     Click Here

Views express by all participants are for information & academic purpose only. Kindly read disclaimer before referring below views. Click Here For Disclaimer