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Technicals for HDFC Life Insurance Company Limited
By MusingTheNews
2025-06-13 20:36
Overall Technical outlook
Price Summary
On 2025-06-12, HDFC Life Insurance Company Limited's shares started at 765.1, peaked at 769.0, bottomed out at 752.65, and ended -1.39% lower at 754.5, with 1600210 shares traded. The stock's highest price over the 52-week span is 789.45, while the lowest price is 579.5. 34 analysts predict that the future price of HDFCLIFE will be in the range of 570.0 to 920.0, with a mean expected price of about 814.94116.
Technicals
Support and Resistance: The price for HDFCLIFE at 754.5 is supported by the 743.7 level and faces resistance at 760.4. This range indicates key levels where the price may find buyers near 743.7 and sellers near 760.4, defining a trading range. Support/Resistance for HDFCLIFE
Aroon: The AROON is currently neutral, showing no clear bias toward a rising or falling trend. This lack of directional clarity suggests that the market may be in a holding pattern, awaiting further developments. Aroon chart for HDFC Life Insurance Company Limited
Bol. Bands: The BOLL BANDS is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation. Bolinger Bands chart for HDFC Life Insurance Company Limited
Parabolic SAR: The PSAR maintains its bearish outlook, setting a resistance level that could act as a ceiling for upward momentum. This ongoing bearish trend suggests that the market may struggle to overcome this resistance, keeping prices subdued. Parabolic Stop and Reverse chart for HDFC Life Insurance Company Limited
Stochastic: The STOCHASTIC is in a neutral stance, not pointing to a clear trend in either direction. This suggests that the market may be lacking strong momentum, making it difficult to predict the next move. Stochastic chart for HDFC Life Insurance Company Limited
Tripple Moving Agerage: The alignment of the 20, 50, and 100 moving averages suggests a bearish trend, but the weakening slopes of the 20 and 50 SMAs hint at a potential shift. This wavering could indicate that the bearish momentum is slowing down, possibly leading to a reversal towards bullish price action. Investors should watch for signs of a trend change as the market might be gearing up for a new upward move. Tripple SMA chart for HDFC Life Insurance Company Limited
Understanding a company's fundamentals—such as revenue, earnings, and debt levels—provides a solid foundation for analyzing its technical performance. Similarly, knowledge of the industry, including key competitors and market trends, is critical. Combining this fundamental analysis with technical indicators like stock charts, moving averages, and trading volume enables a more comprehensive approach to evaluating the company's overall health and potential future performance.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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