HDFC Life is showing a strong bullish setup with prices holding above the key support near ₹750. The stock is trading above the 20-day, 50-day, and 100-day moving averages, indicating an uptrend. RSI near 63 suggests healthy momentum without being overbought, while MACD is positive, confirming the buying strength. Immediate resistance is seen around ₹765-770, and a sustained move above this level could catapult the stock towards ₹780-790 in the short term. Overall, the technical outlook favors continuation of the uptrend with prudent risk management.
BUY : HDFCLIFE-EQ( HDFCLIFE ) [467]
—
by