HDFC Life Insurance Co. Ltd.
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Can be a good positional pick

575
The stock has given 9 month old trendline breakout and given strong closing above 100 EMA and trendline today.

200 EMA is a strong resistance right now.

If the stock gives a closing above 200 EMA (611.5) level it can give another 4-5% upmove from here.

Disclaimer: This idea is for educational purpose and kindly buy as per your risk management. I always encourage partial booking 1-2% profits and use a strict trailing stop loss. Idea is positional and only carry position on day closing basis.

Learn & earn,

Dr . Tanya Kumar

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