nirav5

Harmonic DLF

NSE:DLF   DLF LTD
136 views
6
I have below analysis on DLF .

1. We have nice ABCD reversal setup with 2.618 level retracement. So can expect some upside move from here. Gap down can change the possibilities.

2. We have potential Bullish Butterfly in the making on hourly chart. We are in the D leg. I will cover that part once we get some confirmation when D leg gets real extended towards downside.

3. There is one more harmonic setup in process in daily chart . I will require more confirmation on that before going for a post.
Comment: DLF just touched 0.236 retracement.
Comment: Part 1 completed yesterday. In order to fulfill point 2 condition DLF should go way down below the point D (138).

Comments

Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out