HDFCLife, Long for target of 950

Nov 24, 2020

HDFC Life has broken out of inverted head and shoulder and is trading above neckline (645 level)

Target: 950
Stoploss: 555 (below shoulder)

Nov 24, 2020

Trade active

Entered at 655

Dec 3, 2020

Note

Added some more at 645. Bullish engulfing candle with volume.

Dec 10, 2020

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.