Rahul_Kamang

Rahul_Kamang

It is quite clear from the chart that the script is in the channel. The previous month low i.e 324 can act as strong support in the near term. During the formation of the channel the price is always attracted to the mid-line. A LONG trade can be initiated with stop loss near 324. Thanks!

Rahul_Kamang

HDFCLIFE is forming a cup and handle pattern on an hourly chart. The target can be achieved in intra-day trade. Please analyze your risk and trade accordingly!

Rahul_Kamang

Info given in the chart

Rahul_Kamang

Trade according to your risk.

Rahul_Kamang

cHARTS

Rahul_Kamang

LEVELS ARE MARKED IN THE CHART ITSELF.

Rahul_Kamang

Buying once it closes above the bottom of the channel can give a good profit.