HDFC Life: Retest of H&S Pattern
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Classical BO failure example. The stock broke out a inverted H&S pattern and now coming to retest the same pattern BO levels.
Retracing to a round level of 600 which will be the exit levels for BO buyers.
Good for long term here. It MAY bounce back from this level.
Entry: 580-595
SL: 500
Target: 740
Disclaimer: Not a buy or sell recommendation. Please consult your financial adviser before investing.
Retracing to a round level of 600 which will be the exit levels for BO buyers.
Good for long term here. It MAY bounce back from this level.
Entry: 580-595
SL: 500
Target: 740
Disclaimer: Not a buy or sell recommendation. Please consult your financial adviser before investing.
Nota
pattern is in formation but no confirmation till now. Waiting for a double bottom or Inverted H&S pattern to get Entry.Dagangan aktif
Pattern is in making. Any closing above 600 would trigger entryDagangan aktif
Nota
SL can now be trailed to new swing low which is 555.
Penerbitan berkaitan
Penafian
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