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P_Saha
Sep 19, 2020 4:39 PM

DLF - To be kept in watchlist Long

DLF LTDNSE

Description

PCR is bullish, but good resistance at 165. GAP is filled. Formed am IH&S pattern.
Vol - Green bars are more higher than red bar. Once it closes above 200 dema it will pick momentum.
MACD given buy signal. Position can be taken only if it closes above trend line. Given a close above pivot point. Good buy near 159.5. If crosses 166.35 should reach 170. Probability of showing momentum on higher side if market breadth is good.
This chart is for educational purpose only.
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