The stock looks great, we could see a trendline breakout with a decisive candle with good volume. Though the stock did not see a good momentum movement post-breakout. Now if it sustains 660 levels, chances are that it might be moving towards 720 initially and then towards 750 levels. Trade type: Positional
HDFCLIFE Triangle pattern Breakout happened, so next Long Target levels are 771.4 then 784. (Educational purpose only)
price make huge head and Shoulder's pattern on weekly time frame Neckline breakout done Support Buy 635 - 650 Stop : 550 Target : 700 , 750 , 835 , 900 , 1000
Buy HDFC LIFE Setup - 5% gain (September 2020)
NSE:HDFCLIFE Long on hdfc Broke tl Good rr Views invited Last month premiums een comming to normalmancy Seems good for hdfc life
Stock did a breakout from 3 month range, same structure can also be seen in the group companies like, iciciprudential, sbilife. This breakout can probably take stock to 585 and 660 levels. Stop can place at 485 levels.