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
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Entered at 655
Comment
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Added some more at 645. Bullish engulfing candle with volume.
Comment
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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.