NSE:HDFCLIFE had been under performing since March 2021, making lower highs while facing resistance against T2 but taking supports approximately at the same level again and again over T1 and crafting a flat bottom triangular pattern. Now, we may be able to see a bull run as it seems to give a breakout by breaking T2.
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Long position can be initiated below 672
Trade closed: target reached:
We have achieved our target. To take more profit, trail your SL and hold while it retrace itself.