abhi0304

HDFC Life: Cup and Handle Formation

Long
NSE:HDFCLIFE   HDFC LIFE INSURANC
HDFC life has created a cup and handle pattern on hourly chart and ready to see 800 levels now.

All levels are mentioned on the chart.

Early Entry: CMP
Best Entry: Just wait for a breakout above 724 levels and retest.
Safe entry: 700 levels.

DISC: This is for educational purposes. Please consult your financial advisor before making any bet.
Trade closed: stop reached

Comments

Good one! extremely bullish on insurance sector
Reply
itssudhi03 Gotledu
@Gotledu, Worst stock not able to sustain the levels. MFSL is performing better.
Reply
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