nextgen

DLF trading at channel resistance, my go further down.

Short
NSE:DLF   DLF LTD
dlf
DLF has been trading in down trend it made false break and sharply fell in to the bearish channel ,it closed on weekend at the resistance of channel and may reverse from this level to support somewhere between 95-96 in near term if breakout doesnt occurs. if breakout occurs on Monday it will trade upside,traders may wait for breakout if occurs go long else go short.