Stock of the day : HDFC Life Insurance Ltd For Target Rs. 772 - Religare Broking
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HDFC Life Insurance ltd
* HDFCLIFE exhibits steady up-move in comparison to its peers within Financial space
* Rigidly rebounding from its 50 EMA with double bottom formation indicates positive setup.
* Recent technical strength suggests the trend is still positive with sustainability above 705-710 could lead to further upside to new highs
* Traders are recommended to participate in the move with positive bias within the said range.
Buy HDFC Life Insurance Ltd CMP 723.85 Range 720-724 SL 696 Target 772
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SEBI Registration number is INZ000174330
