Stock of the day : HDFC Life Insurance Ltd For Target Rs. 765 - Religare Broking
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HDFC Life Insurance Ltd
* HDFCLIFE has been in steady uptrend from last many months forming a series of higher highs and higher lows.
* It rebounded higher taking support of its short term moving average and has registered a breakout from downward sloping trend line.
* Following price action and uptick in volumes, we believe bullish tone to continue.
* Thus, traders can consider longs in the mentioned range.
Buy HDFC Life Insurance Ltd CMP 710.60 Range 708-712 SL 685 Target 765
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SEBI Registration number is INZ000174330
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