Ravi_VP

DLF: investment opertunity - 1 year target 227+200=427

Long
NSE:DLF   DLF LTD
The current chart position augers well for favourable formation of two Harmonic patterns, both coinciding at same points and attracts investment for short term of 1 year.
Though the chances of the stock moving higher are very bright, at present it is at a strong resistance area.
So buy only above 227.
One year Target 427. (Should go even higher to 448)

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.