HDFCLIFE - Technical Analysis with Chart Patterns & Indicators

Last Updated Time : 19 Sept 25, 2:16 pm

Technical Rating: 4.3

Here’s a detailed technical analysis of HDFC Life Insurance Company Ltd (HDFCLIFE)

📈 Trend Analysis

Current Price (₹785) is above both 50-DMA (₹770) and 200-DMA (₹726) — confirming a bullish trend.

52-week Index at 84.9% shows the stock is trading near its yearly high (₹821), indicating momentum continuation.

Trend Status: Trending upward, with potential for a breakout if resistance is cleared.

🔍 Momentum Indicators

RSI (56.5): In the bullish-neutral zone, suggesting moderate strength with room for further upside.

MACD (1.21): Positive — confirms bullish crossover, though momentum is not aggressive.

Volume: At 49.8L, significantly above 1-week average (26.5L) — indicates strong participation, supporting the uptrend.

📊 Chart Patterns & Moving Averages

Price is above key moving averages, reinforcing bullish sentiment.

Support Levels

₹770 (50-DMA)

₹750 (minor swing support)

₹726 (200-DMA)

Resistance Levels

₹800–₹821 (recent highs and psychological resistance)

₹850–₹875 (projected breakout zone)

📉 Bollinger Bands

Price is near the upper band, indicating short-term overextension.

Bands are expanding, suggesting volatility and strength in the current move.

🎯 Entry & Exit Zones

Action Price Zone (₹) Rationale

Entry 765–775 Near 50-DMA and swing support

Exit (Short-Term) 820–850 Resistance zone, potential reversal

Stop Loss 750 Below swing low and trendline

🧭 Summary

Trend: Bullish

Momentum: Moderate and strengthening

Volatility: Expanding, with breakout potential

Strategy: Accumulate on dips near ₹765–₹775 with target ₹820–₹850. Monitor RSI for signs of exhaustion and MACD slope for continuation.

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