DLF : +35% to +147% Upside Potential

Dec 1, 2022

01 Dec 2022 DLF
Stock BO today from the previous 10 months rejection levels in 400-415 zone, which is supported by volume.

In Play : HH-HL

Summary
- Stock BO from 10 months 400-415 zone
- BO with Volume
- TL BO : Confirmed
- Above POC
- Text Book Head & Shoulder Pattern
- 519 is 13 Year SH ‘’STRONG RESISTANCE’’

Conclusion
- CMP 412.70
- Long Positions can be initiated
- 483-519 level can act as strong resistance
- Higher targets could be around
• Short Term – 483/519
• Long Term – 539/623/987

Wish You Happy & safe trading

Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk.

"Always Respect Risk"

Happy Trading
Jai Hind Jai Bharat