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.
Cheers! Feel free to share your view about this.
Happy Trading.
Cheers! Feel free to share your view about this.
Happy Trading.
Penafian
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Penafian
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.