Watch for insurance stocks

Insurance stocks needs attention posted important levels on HDFC LIFE and SBI LIFE few weeks back. Need to revisit those breakdown points to get the upcoming trend in prices

HDFC LIFE below 560 could test 528 and 493 on spot positionally. According to its Vibration Cycle would enter in corrective territory below 560. So would be intresting to watch in coming days.

SBI LIFE below 807 could test the levels of 768 and 728 on spot positionally. Here also weekly Angles would signal downside below 807 till the projected targets. Current setup also is week.

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