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 housing is heading to crucial inflection point for short term.
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
If 441 Crossed, Buy for T1 of 445 and final target of 450
Stoploss is 435