TradingView
Trade-Technique
Jul 1, 2020 8:31 AM

Teeny-weeny overview on DLF: 

DLF LTDNSE

Description

It has formed a parallel channel and trading near the support line.

The stock will continue to slope down till 134.
Comments
Dino_Naidu
Wrong wave analysis, once again you are violating the rules
HydTrader896
@Dino_Naidu, plz check weekly chart only not daily chart
Dino_Naidu
@ramesh896, ?????
obaalashiri
when i resume trading back.... i will never play with your analysis
James_roy
wave 3 is long in this chart
Trade-Technique
CA_Anshul
@Kinnari_Prajapati, Hello Kin, can you explain wave 3. To my view wave 3 should have been completed on 216 and wave 4 on 154 and wave 5 on 270 earlier.
Shankey2191
@CA_Anshul, This interpretation is completely wrong. WAVE 4 cannot enter the territory of WAVE 1, EW basics. IMO, DLF is in complex correction.
CA_Anshul
@am2191, Sir can u please elaborate how this territory is defined just for better clarity learning.
More