NeeteshJain

DLF Forming Bullish Candlesticks Pattern

Long
BSE:DLF   DLF LTD
The price action is been trading between trendlines and forming bullish candlesticks pattern at the bottom of trendline or resistance line. For past three days, it is been falling and formed a Three black crows bullish pattern . Now, it can move up tomorrow as shown in the chart to confirm the pattern as it is also previously done. Buying pressure at resistance trendline is high enough to take prices up. In case it fails to do it then I expect there is higher selling pressure than buying of it at current levels.

Lets look forward to tomorrow to unfold this mistry, any opinions are welcome. Regards