TradingSutra

DLF: A Zig-zag Correction

Short
NSE:DLF   DLF LTD
Prices have given an impulsive fall which suggests that prices are likely to correct as a Zig-zag corrective pattern.

Expecting a bounce towards 865-870 zone and then another sell off towards 765-760 zone in the coming weeks.

Manish Bhardwaj (CMT L-1)
Analyst & Co-Founder
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