amankavi
Long

DHFL- Crucial resistance breakout

NSE:DHFL   DEWAN HOUSING FIN
Scrip is near to cross the crucial resistance level of 610 although there is confirmation required as the red candlestick (last) as per 30 mins. chart showed formation of bearish harami
Planning to enter intra-day again aiming with revised targets

Entry = 595, 597
TP =604, 608, 615, 625 and beyond
Sl can be taken as per risk appetite

Volume increase during past few sessions showing the way
Posting good results in Q2 is bound to attract more trust and investment by investors
Would be necessary for the scrip to consolidate in "oversold" situation in order for bullish momentum to continue
http://www.livemint.com/Companies/yz3jUr...
Comment: We can see the bullish surge towards breakout as accumulation and high volume rise could be seen in these past few sessions
Comment: Yet surge is seen towards TP as defined
Comment: Next aim as the bullish momentum is still seen..
Entry = 652
TP - 658, 664, 670, 680
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