HDFC LIFE LOOKING GOOD

May 11, 2023

As you can see that Stock's price is currently consolidating in a upward moving Rising wedge pattern and on yesterday's session it gives a breakout from that wedge pattern and break the resistance so if the price is sustain above that resistance, we can consider it is a breakout on and can go long for the targets of 582 and 596 levels with taking a stop loss of below 550 close on daily chart which is looking a good support now.


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NOTE- This idea is only for educational purpose this is not a Trading advice.

May 25, 2023

Note

HIGHEST CLOSING AFTER BREAKOUT, CAN DO TARGET ONE SOON

May 29, 2023

Note

NEAR TARGET

May 29, 2023

Trade closed: target reached

TARGET ONE REACHED

May 31, 2023

Trade closed: target reached

TARGET 2 ALSO REACHED TODAY