Bravetotrade
Long

DLF: Potential to Retest the Highs

NSE:DLF   DLF LIMITED
Hello traders,

As can be observed from the chart. The stock pulled back exactly 38.2% of the previous bull move and retraced. In my previous post this retracement was interpreted as an ABC type but as the price action unfolded it appeared quite more than that. The stock made a nice move and faced resistance near 200 odd levels. Currently it seemed to have started the last leg of a five wave move. Any pullback should be seen as a buying opportunity as the stock has a potential to retest 210-215 level.

Trade safe, stay healthy
Don't forget to hit like

Regards
Afraidtotrade
Comment:
Comment:
Comment: Into the target zone

Comment: A possible course of price action, just for study purpose
Comment: Pursuing expected lines..
Comment: So far ;)
Comment: Revised some notes on the chart.

Comment:
Comment: Bouncing off the support.
Comment: Be careful at 205-206
Comment:
Comment: Above 207 next target for buyers would be to retest the highs at 210-216
Comment:
I am pleased that the stock has provided us a great opportunity to learn and earn..ending this post with this snapshot.

Comments

ALso its completing a weird looking - yet correct gartley patternt.
waiting for the break above B, which shoudlnt be that for for DLF.



also, are you guys YIN-YANG ? :P Brave-to-trade and Afraid-to-Trade
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Bravetotrade Einstein15
@Einstein15, thanks for sharing and plz no comments on user ID u so called scientist 😀
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Einstein15 Bravetotrade
@Bravetotrade, I AM BATMAN!!! < in batman voice>
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Bravetotrade Einstein15
@Einstein15, quite artistic :)
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