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ashishd1
Apr 24, 2020 5:54 PM

HDFC LIFE Short = Multiple Time Frame Confluence Price Action Short

HDFC LIFE INSURANCNSE

Description

Swing Trading = Short NSE:HDFCLIFE

Monthly Time Frame = Short = Down Trend Price Action


Weekly Time Frame = Short = Down Trend Price Action


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

75mins Time Frame = Short = Down Trend Price Action


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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ashishd1
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