BULLISH ON DLF
-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
-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
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.