There is a Head and Shoulder breakout and Weekly Support trendline breakout in DLF at 165-160.
Now weekly support trendline is acting as resistance as it failed to cross above it.
Trade Setup
Short @144
Stop loss - 165/170
Target - 120 / 100 / 80
Positional View. Timeframe 3 to 5 months.
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.