Watch Out HDFCLIFE

HDFCLIFE has been trading near the resistance trend line of the parallel descending channel. On the Wider perspective, it is forming a Pole and Flag pattern. If it gives a breakout from upper trend line of descending channel, with good volume, a potential up move is implied.

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Happy Trading.
FibonacciFibonacci RetracementFlagParallel Channelpoleflag

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