DLF LTD
Long
Updated

BULLISH ON DLF

174
-Stock is forming a double bottom formation in shorter time frames
-a break above the bearish trendline will allow us for an early entry
-already added longs
-using 300 as a round number support
-304/307 demand zone
-315/318 supply zone
-expect the next leg of bull run to start
-momentum and positional traders can ride the wave in one stock


DLF SEPT FUT
BUY314/318(ONE CAN WAIT FOR A CLOSE ABOVE 318)
STOP@299-304(BASED ON RISK APPETITE)
TARGET-1@335
TARGET-2@339
TARGET-3@348

-Target can be extended after a close above 355 on daily/weekly chart
-expect real estate to start fresh leg of rally
Trade closed: target reached
321 till now
will increase qty above 324

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