manuagarwal21

HDFCLIFE - BREAKOUT TRADE

Long
NSE:HDFCLIFE   HDFC LIFE INSURANC
HDFCLIFE has been struggling to get past 600 levels since the start of 2022, every time prices reach there, it corrects all the way down.

Currently, prices are again at 600 levels and now price action is giving positive signs, that breakout might happen this time.

Price should sustain above 550 levels.

Above 600, it might test 650 levels very fast.

Wait for a breakout or buy on dip with strict stop loss.





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