It is proving the fundamentals of technical analysis right.
That the resistance become support when it breaks the resistance and it has tested it also.
so hdfc life looking good for mid term investment of about 4 to 8 months for a good return.
buy at cmp
stoploss -candle closing below support levels on weekly tf
target- ATH+ approx 770 or 800+
Chart PatternsHarmonic PatternsTrend Analysis

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