HDFCLIFE. Inverse Head and Shoulder

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HDFCLIFE.
An inverse Head & Shoulder is visible on the daily time frame. The neckline is around 630-640 region. One should wait for the price to break the slanting trendline and then enter for the targets of 700 (short term) and long term target of 850 (according to Inverse Head & Shoulder).
Nota
Now start trailing your stop loss above cost around 670. It's gonna perform really well if the markets do not show any sharp correction.
Trade chiuso: obiettivo raggiunto
Book 50% and trail rest with SL @680
Chart PatternshdfclifelongHead and ShouldersTrend Lines

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