HDFC LIFE INS CO LTDPembelian
#HDFCLIFE correction gives attractive entry @ 685/665
#swingidea #swingtrade #HDFCLIFE has seen a sell-off after registering ATH of 760 on 2-sep-21 post deal with Exide.
It has broken supports at 724/706 and is heading towards next support at 690.
The RSI has come down to 35 a level around which historically reversals take place.
Also, worth noting that for acquisition of Exide Life Insurance - 4% of the outstanding stock will be issued to LT investor Exide at 785.
Buy - 685-690 and on further falls at 665 ( if it happens)
Target - 740 / 775
Stoploss - 645 ( closing)
Risk Reward : 40: 65 and 40: 100
It has broken supports at 724/706 and is heading towards next support at 690.
The RSI has come down to 35 a level around which historically reversals take place.
Also, worth noting that for acquisition of Exide Life Insurance - 4% of the outstanding stock will be issued to LT investor Exide at 785.
Buy - 685-690 and on further falls at 665 ( if it happens)
Target - 740 / 775
Stoploss - 645 ( closing)
Risk Reward : 40: 65 and 40: 100
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.