HDFC life insurance looks bullish in medium term.

Long

HDFC LIFE INSURANC (NSE:HDFCLIFE)

NSE:HDFCLIFE HDFC LIFE INSURANC

Trend Analysis Chart Patterns Falling Wedge Ascending Channel breakout Bullish Patterns

trendanalysis chartpattern fallingwedge ascendingchannel breakout bullish

In weekly/daily, price just bounced from ascending channel support.

Also price broke out of falling wedge with good volume, also price closed above upper BB.

snapshot

sl - 450, tgt1 - 545, tgt2 - 580

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