Fobstar

Head & Shoulders pattern in HDFC_LIFE.

Long
NSE:HDFCLIFE   HDFC LIFE INSURANC
This stock is heavily traded by computers as it forms quite unusual consolidations and unidentifiable patterns, although while lurking into its chart for awhile, I saw a pretty clear head & shoulders(which indicated a bull run inbound). This thread isn't really a forecast but just for a small record that how we can earn from algorithmic traded stocks. Just look for typical supply and demand zones, and ride the trend when you can, though your profit margins wouldn't be much, however a big lot size would do the trick.

-Happy Trading !!!
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