mklives

DLF..dark cloud cover

Short
NSE:DLF   DLF LTD
DLF after a stupendous rally is finally made a short term top most likey
it has formed a dark cloud cover bearish pattern on the daily chart

a pullback to 20 dma or 240 levels on the cards.
short with todays high as SL
Comment: looks like finally dlf is now ready go for a decent correction
Trade closed manually: what a fall tested 236 .. 20 points profit per lot size 3300

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.