Short once the green level breaches as the stock looks weaker . Also, a double top / H & S pattern reversal with bearish MACD . Good short opportunity till the next support .
Weekly close of above the trendline is bullish weekly close of below the trendline is breaish Trade wisely
Dewah housing is at crucial support and breakdown will confirm further lower levels. Watch out for this week closing.
As per the multi year weekly calendar, whenever DHFL break down from ascending channel, it is falling next support level. Will it repeat this time considering that we're in bubble zone and DHFL posted hefty gain YTD.
Dewan broke down of ascending channel and closed below 21EMA. Short term bearish. For long term, accumulate.
Dewan housing is heading to crucial inflection point for short term. Sell Strategy If 435 Broken, sell it for target of 427 which is the next immediate support level. If 427 Broken, book half and keep half for 420 Stop loss is 441 Buy Strategy If 441 Crossed, Buy for T1 of 445 and final target of 450 Stoploss is 435
It seems there was healthy bounce happened at 20EMA and stock is heading to crucial resistance level 336.