Novicetrader2015

HDFC LIFE - Swing and Intraday

Long
Novicetrader2015 Updated   
NSE:HDFCLIFE   HDFC LIFE INSURANC
Stock is forming Ascending Triangle on higher TFs. Keep in radar for next few days (can trigger anytime in next few days)

Intraday : Buy above 711 for target of 720 in intraday SL 704
Swing : Buy if 1 hour candle closes above 711 then can target 740 to 750 levels, SL will be lower Trendline

Consider shoring the stock if breaches Trendline and gives closing below it in 1 hour TF - Target 670

P.S - Its a very volatile stock so keep RR in mind
Trade active:
Didn't reach trigger levels...keep in radar for tomorrow
Trade active:
stock is just trading on lower TL, can give short opportunity on Monday. Follow the levels mentioned earlier
Trade closed: target reached:
Made a low of 661
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