HDFCLIFE | Small momentum for 8-10%
CMP : 678 (Can buy upto 665)
SL : 655
Target : 735 / Open
We are chasing up this stock from 540 zone and related charts already posted, this just one more opportunity to enter into the momentum
Almost 1:5 risk reward setup.
In the charts of USD/INR price is froming Lower Lows (LL) and RSI is forming Higher High (H H) within oversold zones...
It is expected that whenever these types of divergence is formed it seems to be Price Reversal...
I have made a long position at a price of 64.85 looking after this divergence...
Note: Do your own study before making any position..
Please...
