Trailing My profit stop at 155.25 - Trading At 154.70
Trading at 154
Trading at 153.60
Either we take profit of 40-50 paisa as entered at 155.80-155.90 zone & trailed my profit stop at 155.25 or we book at 152 -1st Target
Trading at 153.80
Shall suggest that we should 50% here as 2 Rs down from 155.80 - Prices are travelling very slowly down & rest trail with 155.25
Trading at 157.40
Thanks we are out of the stock at the moment
Trading at 156.70
Who is selling DLF?
Trading at 156.40
155.20 is the low as of the current session
Trading at 156
Closing my position for the Day. Have a nice weekend
Good Morning To all & Wish You a happy Sunday.
The candle which turned from 159.20 just missing 159.40 & One can only see the excitement if he was part of this candle. I am still taking as Gartley till X@159.40 is taken out.
Before it takes out 159.40 in coming session do you really care -If you ask me -my answer is no because we have already taken 4.5 points in all from the first fall which was 155.70 to 153.60 & from 158.70 to 156 levels.
The candlestick which turned from 159.20 -made a wick or shadow on top & small body at the bottom- is known as "Shooting Star" candle likely shooting star candle is more effective when its body small cylinder is red in color whereas in this case it is green- still it is a shooting star. One check effectiveness of such candle in historical pages.
In coming session- we will see for retracement & once get any clue that DLF is looking downside- there is no doubt that if DLF starts moving below the day's low- it will fall further down.
So, let us enjoy the day & comeback to business on Monday-16th Sep2016.
Abhishek H. Singh, CMT
Sorry for typo above - "Monday -26th Sep2016"
Trading at 152
DLF has Big Red Candle Downside