After recent fall, there is another buying opportunity in DLF
. It is nearing the trend line
, which should act as very strong support. Expecting it to take support at 168 and stop loss should be placed just below 168. Money flow
indicator is also taking support at 20 level. Presently it has respected the 173.70 price line which corresponds to 0.382 fibonacci retracement
. Expecting an up move in short term
Disclaimer: This is for education purpose only.