HDFCLIFE

Inverse H&S patern on weekly timeframe with potential upside of. 34% stock is in a up word channel with higher high, higher low. Breakout above 626 on closing basic , could lead to 1st target of 685 & 2nd Target of 850.

RELIANCE

After a long consolidation zone, Bullish Flag pattern with a asymmetric triangle breakout could lead to fresh upside rally. Major event of AGR dues is currently out of way & Reliance is making in-roads in retail business with acquisition of Future group, which may add about Rs.100/150 to current price.