cognitiveKC

HDFCLIFE | Buy above 647 | Target :740 | SL : 605

Long
NSE:HDFCLIFE   HDFC LIFE INSURANC
A good buy above 647 for a target of 740. SL for short term traders - 605 | Long term investments SL - 486

1. Cup and Handle formation - Breakout above resistance (647)
2. Convergence to long term trend line possible as volumes are good.