HDFCLife - Bullish Engulfing - Weekly Overview

Long

HDFC LIFE INSURANC (NSE:HDFCLIFE)

Updated

NSE:HDFCLIFE HDFC LIFE INSURANC

supportandresistance trendline candlestick longcandidate bullishengulfing

HDFCLIFE is looking good for a small upside move with last week's candle coming as bullish engulfing candle. With a stop of Friday's candle low, one can look for 510, 518, 525 levels. We will revisit this trade if the weekly close comes above 528

Let's see how the story develops. Best wishes!

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TIA!

Trade active:

Inching slowly towards T1

Trade closed: target reached:

All targets reached. Closing trade!

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