Dlf forming a reverse bullish pattern
DLF is heading towards a broader resistance of 310 and if it breaches that (within the day or day closing), one can hold it for a good target of 340-350.
Previously we attempted to find short opportunities in DLF, but we could not find the opportunity to sell it as it didn't form a pullback but went straight up (reverse bullish). Now that it has breached its daily resistance area, one can enter long trade right now for a short term target of 310 and broad target of 340-350.
Previously we attempted to find short opportunities in DLF, but we could not find the opportunity to sell it as it didn't form a pullback but went straight up (reverse bullish). Now that it has breached its daily resistance area, one can enter long trade right now for a short term target of 310 and broad target of 340-350.
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