HDFC Life has broken out of inverted head and shoulder and is trading above neckline (645 level)
Target: 950
Stoploss: 555 (below shoulder)
Target: 950
Stoploss: 555 (below shoulder)
Trade active
Entered at 655Note
Added some more at 645. Bullish engulfing candle with volume.Note
Post bullish engulfing on Dec3. Stock is making higher highs and lows on daily. On Dec 10, is again made a bullish candle. This could be start of a explosive move on upside.
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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.