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ashishd1

HDFC LIFE Short = Multiple Time Frame Confluence Price Action

Short
HDFC LIFE INSURANC (NSE:HDFCLIFE)  
ashishd1  
NSE:HDFCLIFE   HDFC LIFE INSURANC
Multiple Time Frame Analysis Fibonacci Trend Lines multipletimeframe priceaction trendbreak HDFCLIFE short downtrend
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mtfa fibonacci trendline multipletimeframe priceaction trendbreak hdfclife short downtrend
Swing Trading = Short HDFCLIFE

Monthly Time Frame = Short = Down Trend Price Action
snapshot

Weekly Time Frame = Short = Down Trend Price Action
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Daily Time Frame = Short = Down Trend Price Action
Already shown in the Main Idea

75mins Time Frame = Short = Down Trend Price Action
snapshot

Time Frame Confluence = Down Trend
Monthly, Weekly, Daily and 75mins Time Frame all show Down Trend Price Action

Short = 453.35
Target = 401
Stop Loss = 500

If you Continue Trailing the Stop Loss, it can give good returns, Aggressive Target can also be 345 considering Weekly is in Down Trend, so next Weekly Low will be lower than 340...
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