HDFCLIFE : good h&s breakout buy
HDFCLIFE CMP 682
stock has formed a typical inverted head and shoulder pattern .
made a breakout from 647 levels and made high of 743
and retested the same breakout price few sessions back.
again price consolidation has happened and ready to breakout for new highs soon .
buy at cmp till 666 keeping stop loss as 647 on closing basis
for targets : 704/743/(short term )
818/888/945+( H & S completion targets )
stock has formed a typical inverted head and shoulder pattern .
made a breakout from 647 levels and made high of 743
and retested the same breakout price few sessions back.
again price consolidation has happened and ready to breakout for new highs soon .
buy at cmp till 666 keeping stop loss as 647 on closing basis
for targets : 704/743/(short term )
818/888/945+( H & S completion targets )
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.