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nitinshm

HDFCLife, Long for target of 950

Long
HDFC LIFE INSURANC (NSE:HDFCLIFE)  
nitinshm Updated   
NSE:HDFCLIFE   HDFC LIFE INSURANC
Head and Shoulders
0
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headandshoulders
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.

snapshot
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