nextgen

Short DHFL,approaching trendine resistance

NSE:DHFL   None
DHFL has been trading in down trend and after retracing 61% fibo level it shown some strength upside, it closed tomorrow almost touching the resistance and further reversed,it seems, it may further trade down ward up to 50% fibo level again around 240. traders may enter short at slight high to better entry. if it breakout occurs the level 32% (261) it will trade upward.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.