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Technicals for HDFC Life Insurance Company Limited
By MusingTheNews
2026-02-02 20:37
Overall Technical outlook
Price Summary
HDFC Life Insurance Company Limited's stock opened at 717.3 on 2026-02-02, surged to 721.65, hit a low of 708.8, and closed up 0.03% at 717.5, with 1824418 shares traded. The peak price for the stock in the past 52 weeks is 814.3, with the lowest price being 608.5. Future price predictions suggest a range between 800.0 and 1020.0, with an average expected price of 888.6857, as per 35 analysts.
Technicals
Support and Resistance: The price for HDFCLIFE is 717.5, with support at 720.05 and resistance at 720.05. This suggests a range where 720.05 acts as a base, preventing declines, and 720.05 caps gains, defining key trading levels. Support/Resistance for HDFCLIFE
Aroon: The current reading of the AROON is neutral, offering no clear signals for a movement in either direction. This suggests that the market may be in a holding pattern, with no dominant trend in place. Aroon chart for HDFC Life Insurance Company Limited
Bol. Bands: The BOLL BANDS 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. Bolinger Bands chart for HDFC Life Insurance Company Limited
Parabolic SAR: The PSAR continues its bearish trend for HDFC Life Insurance Company Limited, setting a resistance level that could hinder upward momentum. This resistance suggests that the market may face challenges in breaking higher, reflecting persistent bearish sentiment. Parabolic Stop and Reverse chart for HDFC Life Insurance Company Limited
Stochastic: The current state of the STOCHASTIC is neutral, providing no clear signals for either an upward or downward movement. This indicates that the market may be in a state of equilibrium, with no strong momentum in either direction. Stochastic chart for HDFC Life Insurance Company Limited
Tripple Moving Agerage: The moving averages for HDFCLIFE for the 20-50-100 periods point to a bullish trend, but the slopes of the faster averages suggest this strength may be waning. The potential for a reversal is becoming apparent, as the shorter-term averages indicate that the upward momentum could be weakening, signaling a possible trend change. Tripple SMA chart for HDFC Life Insurance Company Limited
Before diving into the technical aspects of a company, such as stock price charts or volume trends, it's important to understand its fundamentals. These fundamentals include financial stability, growth potential, and strategic positioning. Additionally, knowing the broader industry landscape, including competitive pressures and regulatory factors, offers deeper insights. When this fundamental analysis is combined with technical indicators, it leads to more informed, accurate evaluations of the company's overall 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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