HDF life insurance is being offered with prices currently down nearly 4%. Daily chart shows bearish RSI divergence. A closer look also shows the RSI has charted a head-and-shoulders pattern.

More importantly, it has been a high-volume bearish reversal.

All-in-all, it looks like a sell on rise setup. I can see this falling to 460 in few days. As of now, its trading at 481.

03.Hdfc Life Insurance Compa -  DAILY-N.png

 

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