HDFCLIFE, Learn & Earn (Multiple resistance Breakout)

HDFCLIFE has given good breakout from multiple resistance zones. One is trend line coming since Jan'20 (yellow) & other is mid term resistance zone (blue).
It can be traded on Monday with 2 possibilities.
1. It opens gap up, then wait for retracement to 528 to go long.
2. It opens between 527-512, then wait for retracement to 512.

If it opens below both level and started moving up, then also we can enter. For safe traders only take long above 528.

Always do simple price action analysis to easily understand your entry & exit and get better with practice.
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