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Bhagesh108
Feb 22, 2024 8:46 AM

HDFCLIFE NEAR ENTRY LEVELS Long

HDFC LIFE INSURANCNSE

Description

HDFCLIFE is currently trading near an Good Quality Hourly Demand Zone which is again close to an Weekly Demand Zone ( making the entry zone even more reliable).
The Opposing / Target zones T1 and T2 (both previously tested) have been marked in the image with levels and price movement should be observed around those levels.

Stop loss has not been mentioned but should be 3% from the lower level of the entry zone i.e. 562 - 3% = 545 (on closing basis in Hourly tf)

Note- Please do your own analysis before taking any kind of positions
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