VTTechnicalsofficial

Trade Setup for HDFCLIFE

Long
NSE:HDFCLIFE   HDFC LIFE INSURANC
-Go long on HDFC once there is a Trend line Breakout.
-it will break the trend line within few sessions
-The Stock Looks Strong.
Comment:
THE STOCK TRIED TO BREAK FROM THE INNER CHANNEL LINE, BUT FAILED.
NOW, IT HAS BROKEN THE TRENDLINE AND TAKING SUPPORT NEAR BOTTOM TREND LINE.
IF THE BOTTOM TREND LINE IS BROKEN, GO FOR SHORT

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