Crucial Support level for HDFC LIFE
If it takes support and bounces back huge upmove is expected technically.But if it breaches the support zone it may further fall till 450-460.
Fundamentally it is a sound company and these budget news on tax has been factored in by looking at its sector .Their is no reason it will fall if its competitors are rising.As fundamentally their is no issue.
Fundamentally it is a sound company and these budget news on tax has been factored in by looking at its sector .Their is no reason it will fall if its competitors are rising.As fundamentally their is no issue.
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