hdfclife on reactangle support 1st target 560
final target 586
stop loss 510
>hdfclife formed a power candle with surge in volume exactly on an important support level.
>also there is a formation of type of a morning star.
>hdfclife is in a rectangle pattern which makes it a simple trading stock.
>also it is a part of nifty 50
>nifty 50 formed a bearish candle whereas hdfclife formed a bull power candle (marubozu candle), this is a sign that in a bear market, bulls are their in hdfclife stock.
