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DLF: BULLISH SEQUENCE

Long
DLF LTD (NSE:DLF)  
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NSE:DLF   DLF LTD
Trend Analysis Wave Analysis DLF dlflong dlfanalysis Elliott Wave elliottwaveprojection elliottwaveforecasts Stocks stockmarketanalysis technicalanalysisexplained
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trendanalysis waveanalysis dlf dlflong dlfanalysis elliottwaves elliottwaveprojection elliottwaveforecasts stocks stockmarketanalysis technicalanalysisexplained
Following the 'rule' of wave theory , ''wave 4 should not enter into the territory of the wave 1" , stock has managed to keep its bullish outlook intact. moreover we have a HH HL formation on daily time frame which suggest that stock should move higher in wave 5 for new high in coming weeks.

Buy on cmp add on dips keep SL of 390 & look for the target of 440-50 .
Manish Bhardwaj (CMT L-1)
Analyst & Co-Founder
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