HDFCLIFE : good h&s breakout buy
HDFCLIFE CMP 682
stock has formed a typical inverted head and shoulder pattern .
made a breakout from 647 levels and made high of 743
and retested the same breakout price few sessions back.
again price consolidation has happened and ready to breakout for new highs soon .
buy at cmp till 666 keeping stop loss as 647 on closing basis
for targets : 704/743/(short term )
818/888/945+( H & S completion targets )
stock has formed a typical inverted head and shoulder pattern .
made a breakout from 647 levels and made high of 743
and retested the same breakout price few sessions back.
again price consolidation has happened and ready to breakout for new highs soon .
buy at cmp till 666 keeping stop loss as 647 on closing basis
for targets : 704/743/(short term )
818/888/945+( H & S completion targets )
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