nitinshm

HDFCLife, Long for target of 950

Long
NSE:HDFCLIFE   HDFC LIFE INSURANC
HDFC Life has broken out of inverted head and shoulder and is trading above neckline (645 level)

Target: 950
Stoploss: 555 (below shoulder)
Trade active: Entered at 655
Comment: Added some more at 645. Bullish engulfing candle with volume.
Comment: 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.