I had previously given DLF for an entry above 313 for a target of 330. The target was well achieved.
Now if you see 23rd July candle, it has managed to close above previous high of March with a hammer candle and good volumes.
On a monthly chart the stock has not been able to give a good closing above 326 since November 2010.
So if you see all the signs, the stock is looking bullish to break 11 year old highs and ready to test 397 level.
Buy DLF above 340 for a positional target of 397.
Now if you see 23rd July candle, it has managed to close above previous high of March with a hammer candle and good volumes.
On a monthly chart the stock has not been able to give a good closing above 326 since November 2010.
So if you see all the signs, the stock is looking bullish to break 11 year old highs and ready to test 397 level.
Buy DLF above 340 for a positional target of 397.
Trade closed: target reached
Target reached in less than 2 months
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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.